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Candlestick Patterns Detector

There are total of 11 bullish candlestick patterns and 11 bearish candlestick pattern and 4 different types of indecision bar.

Bullish formations

  1. Bullish 3 method formation
  2. Bullish Engulfing bar
  3. Bullish Harami
  4. Bullish Separating line
  5. Bullish long lower shadow
  6. Morning star
  7. Morning Doji star
  8. Three white soldiers
  9. Rising window
  10. Piercing line
  11. Tweezer tops (MINOR)

Bearish formations

  1. Bearish 3 method formation
  2. Bearish engulfing
  3. Bearish Harami
  4. Bearish long lower shadow
  5. Bearish Separating Lines
  6. Evening star
  7. Evening Doji star
  8. Three black crows
  9. Falling window
  10. On neck line
  11. Tweezer bottoms (MINIOR)

Indecision formation (4 kinds)

In addition of possibility to filtering patterns in Indicator parameters window the following parameters are available,

  • Bullish Pattern Color: For changing Bullish arrow color
  • Bearish Pattern Color: For changing Bearish arrow color
  • Indecision Pattern Color: For changing Indecision rectangle color
  • Indecision Pattern: For enabling or disabling indecision pattern
  • Gap Size(Points): To define min acceptable gap size in pattern formation
  • SmallTail/Gap Ratio: To define ratio between candle small tail and gap size
  • LongBody/Gap Ratio: To define ratio between long body of candles and gap size in some patterns
  • SmallBody/Gap Ratio: To define ratio between small body of candles and gap size in some pattern formation
  • Show Pattern Info: To display name of detected patten on the chart
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Volume Horizon is a horizontal volume indicator that allows you to observe the density of market participants' volumes across various price and time intervals. Volume histograms can be constructed based on ascending or descending market waves, as well as individual bars. This tool enables more precise determination of entry or exit points, relying on levels of maximum volumes or volume-weighted average prices (VWAP). What makes Volume Horizon unique? 1. Segmentation into ascending and descend
EFW Pattern Trader is a powerful pattern scanner for Forex and Stock trading. The pattern detection in EFW Pattern Trader uses the Fractal Wave Theory, which captures the endless up and down movement of the market. Therefore, EFW Pattern Trader can be considered as the robust price action indicator. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern will likely behave in the live trading. Therefore, you
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Version 1.1 2020.01.03
1.Old version didn't detect history bars patterns but in new update you can see all available patterns in all history bars.
2.In new update error 4200 is fixed.