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Candle Patterns Indicator

This indicator works by finding candlestick patterns.

It is able to find a wide range of patterns. All patterns are taken from the book: "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures" - Gregory L. Morris.


Input parameters

  1. Period of averaging - averaging period
  2. Give signal - enable signals
  3. Color of bull models - color for bullish patterns
  4. Color of bear models - color for bearish patterns
  5. Text font - text size
  6. Include first level models - display patterns of the first type
  7. Include second level models - display patterns of the first type
  8. Include third level models - display patterns of the third type

Indicator features:

  • Working on all currency pair and timeframes
  • It is possible to generate a signal when a pattern is found
  • It is possible to disable patterns by sections (levels)


Separation by levels

First level:

  1. Invert Hammer
  2. Handing Man
  3. Hammer

Second level:

  1. Shooting Star
  2. Belt Hold
  3. Engulfing
  4. Harami Cross
  5. Harami
  6. Doji Star
  7. Piercing Line
  8. Dark Cloud Cover
  9. Meeting Lines
  10. Matching Low level
  11. Homing Pigeon
  12. Kicking
  13. On Neck Line
  14. In Neck Line
  15. Thrusting Line

Third level:

  1. Abandoned Baby
  2. Morning star
  3. Evening star
  4. Morning Doji Star
  5. Evening Doji Star
  6. Upside Gap Two Crows
  7. Two Crows
  8. Three Star in the South
  9. Deliberation
  10. Three White Soldiers
  11. Three Black Crows
  12. Three Outside Up
  13. Three Outside Down
  14. Three Inside Up
  15. Three Inside Down
  16. Tri Star
  17. Identical Three Crows
  18. Unique Three River Bottom
  19. Upside Gap Three Methods
  20. Downside Gap Three Methods
  21. Upside Tasuki Gap
  22. Downside Tasuki Gap
  23. Concealing Baby Swallow
  24. Three-line strike
  25. Breakaway
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