PZ Candlestick Patterns

Identify over 30 candlestick patterns with precision

This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Boost your technical analysis overnight
  • Detect japanese candlestick patterns easily
  • Trade reliable and universal reversal patterns
  • Hop onto established trends safely using continuation patterns
  • The indicator is non-repainting and implements alerts
  • The indicator implements a multi-timeframe dashboard

It detects so many patterns that the chart might look really cluttered, making it difficult to read. The trader might need to disable undesired patterns from the indicator inputs to make the chart more readable.

  • It detects 1-bar, 2-bar, 3-bar and multi-bar patterns
  • It detects reversal, continuation and weakness patterns
  • Patterns can be enabled or disabled
Bullish patterns are labeled in blue, bearish patterns are labeled in red and neutral patterns are labeled in gray.


List of Candlestick Patterns Detected

  • Break-Away (a.k.a Line Strikes) from 1 to 5 bars
  • Fakey (a.k.a Hikkake)
  • Counter Gap
  • Three Soldiers / Three Crows
  • Hammers / Shooting Star / Hanging Man
  • Engulfing
  • Outside Up / Outside Down
  • Harami
  • Inside Up / Inside Down
  • Morning Star / Evening Star
  • Kicker
  • Piercing / Dark Cloud
  • Belt Hold
  • Rising Three / Falling Three from 1 to 5 bars
  • Tasuki Gap
  • Side by Side Gap
  • Windows
  • Advance Block / Descend Block
  • Deliberation
  • Marubozu
  • Squeeze Alert (a.k.a Master Candle)
  • Dojis


Settings

  • PaintBars
    Switch on/off the highlighting of patterns using the color of the bars.
  • DisplayLabels
    Show or hide text labels displaying the name of the recognized patterns.
  • BullLabel / BearLabel
    Choose the color of the text labels for bullish and bearish patterns.
  • DisplayRectangles
    Show or hide boxes surrounding the recognized patterns.
  • BullRectangle / BearRectangle
    Choose the color of the rectangles for bullish and bearish patterns.
  • 1-Bar Patterns
    Switch on/off recognition of 1-bar patterns one by one.
  • 2-Bar Patterns
    Switch on/off recognition of 2-bar patterns one by one.
  • 3-bar Patterns
    Switch on/off recognition of 3-bar patterns and beyond.
  • DonchianFilter
    This option only applies to reversal patterns. Since reversal patterns are only valid at the end of a trend, some kind of condition must be placed to display or ignore certain patterns. A Donchian Filter allows us to filter any reversal pattern using the highest/lowest of the desired last number of bars. The default behavior is to ignore bearish reversal patterns below the highest of the last four bars, and ignore bullish reversal patterns above the lowest of the last four bars. This parameter allows you to switch on/off this filter.
  • ReversalDonchian
    The desired number of bars to evaluate in order to display or ignore reversal patterns. (Only applies if the above option is enabled)
  • RedundantReversals
    Reversal patterns often take place one after another as the market turns its direction, signaling the reversal more than once as the price evolves. For example, it is frequent to see reversals very similar to the following. A Bullish Hammer (Bar 1), followed by an Engulfing Pattern (Bar 2), an Outside Up Pattern (Day 3) and Three Soldiers (Day 4), being all of them redundant reversal patterns after the first hammer took place. If disabled, the RedundantReversals parameter eliminates this redundancy and hides future reversal patterns in the same direction after the first valid one. This feature is very useful if you are visually backtesting charts but not so much for live trading, since you want to receive as many signals as possible -or perhaps didn't trade the first hammer-. Make sure to enable this option for live trading, in order to see all opportunities and receive alerts.
  • Alerts

    Enable alerts, email alerts and/or sound alerts for the patterns enabled above.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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    Ferhat Mutlu
    5 (2)
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    Quantum Breakout Indicator PRO
    Bogdan Ion Puscasu
    4.96 (26)
    Presentazione       Quantum Breakout PRO   , l'innovativo indicatore MQL5 che sta trasformando il modo in cui scambi le zone di breakout! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni,   Quantum Breakout PRO   è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. Quantum Breakout Indicator ti fornirà frecce di segnalazione sulle zone di breakout con 5 zone target di profitt
    Trend Signal Advanced System - è un sistema di trading che fornisce segnali di ingresso basati sul trend per operazioni a breve e medio termine. Le frecce di segnale vengono tracciate sulla candela corrente, generando segnali nella parte superiore e inferiore del grafico. Il trend si basa sull'indicatore "deviazione standard" con parametri flessibili e personalizzabili per la volatilità di qualsiasi strumento finanziario. Il sistema di trading include un pianificatore di livelli Take Profit e S
    KURAMA GOLD SIGNAL PRO (MT4) — Sistema di Trading XAUUSD Completo con Filtro a 7 Strati, TP/SL Automatico e Punteggio di Qualità NESSUN REPAINT. NESSUN RIDISEGNO. NESSUN RITARDO. Ogni segnale è permanente. Ciò che vedi è ciò che ottieni. BONUS: Acquista la licenza a vita e ricevi AI Zone Radar (valore $59) + manuale PDF completo GRATIS. Inviami un messaggio dopo l'acquisto. AI Zone Radar: https://www.mql5.com/en/market/product/175834 FIDUCIA DEI TRADER: Già utilizzato da una community attiva
    Precautions for subscribing to indicator This indicator only supports the computer version of MT4 Does not support MT5, mobile phones, tablets The indicator only shows the day's entry arrow The previous history arrow will not be displayed (Live broadcast is for demonstration) The indicator is a trading aid Is not a EA automatic trading No copy trading function The indicator only indicates the entry position No exit (target profit)  The entry stop loss point is set at 30-50 PIPS Or the front hi
    Apex Edge No Repaint Indicatore di trading professionale senza ricalcolo dei segnali per MT4 Apex Edge No Repaint è uno strumento di trading premium, pulito e affidabile, progettato per i trader di forex e criptovalute più esigenti che desiderano segnali chiari senza la frustrazione del ricalcolo dei segnali. Caratteristiche principali: 100% Nessun ridisegno: i segnali rimangono fissi una volta visualizzati sul grafico Sistema a doppio segnale: segnali RAW per opportunità precoci e segnali C
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    Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find m
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    PZ Trend Trading MT5
    PZ TRADING SLU
    3.8 (5)
    Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
    PZ Support Resistance MT5
    PZ TRADING SLU
    3.71 (7)
    Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boo
    PZ Swing Trading MT5
    PZ TRADING SLU
    5 (5)
    Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
    Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies
    PZ Harmonacci Patterns
    PZ TRADING SLU
    3.17 (6)
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    PZ TRADING SLU
    2.83 (6)
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    PZ Goldfinch Scalper EA MT5
    PZ TRADING SLU
    3.31 (55)
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    FREE
    PZ Trend Trading
    PZ TRADING SLU
    4.8 (5)
    Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
    PZ Support Resistance
    PZ TRADING SLU
    3.33 (3)
    Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boos
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    PZ TRADING SLU
    4.51 (35)
    This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k
    FREE
    PZ Goldfinch Scalper EA
    PZ TRADING SLU
    2.69 (42)
    This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
    FREE
    Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continua
    Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] It detects 19 different harmonic pric
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    PZ TRADING SLU
    2 (4)
    This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
    FREE
    PZ Trade Pad MT5
    PZ TRADING SLU
    4.41 (22)
    This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with d
    FREE
    Noise filtering: the key to mastering trends This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indi
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    PZ TRADING SLU
    4.5 (12)
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    FREE
    PZ Chart Overlay MT5
    PZ TRADING SLU
    4 (1)
    Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  | Get Help ] Find overbought or oversold currency pairs easily Plot up
    FREE
    Trade double tops and bottoms effectively The PZ Double Top/Bottom Indicator is a technical analysis tool that helps traders identify potential price reversal patterns in the market. These patterns, known as double tops and bottoms, are characterized by two consecutive peaks or valleys in the price of an asset. Double tops and bottoms are often seen as potential reversal patterns because they can signal a change in the direction of the current trend. [ Installation Guide | Update Guide | Troubl
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    Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Customizable pattern sizes Customizable AC and BD ratios Customizable b
    PZ Turtle Trading MT5
    PZ TRADING SLU
    4.67 (6)
    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
    FREE
    PZ Sandwich Bars MT5
    PZ TRADING SLU
    5 (3)
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    FREE
    PZ Pivot Points MT5
    PZ TRADING SLU
    4.91 (22)
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    FREE
    PZ Lopez Impulse MT5
    PZ TRADING SLU
    5 (4)
    Transform your trading approach with reliable bullish and bearish patterns [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue
    FREE
    PZ Three Drives
    PZ TRADING SLU
    5 (2)
    This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It impl
    FREE
    This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works f
    FREE
    PZ Sandwich Bars
    PZ TRADING SLU
    4.5 (2)
    Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/
    FREE
    PZ The Zone
    PZ TRADING SLU
    4.33 (3)
    This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in t
    FREE
    Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font
    FREE
    Filtro:
    Wantanakorn
    391
    Wantanakorn 2017.02.20 05:41 
     

    L'utente non ha lasciato alcun commento sulla valutazione.

    PZ TRADING SLU
    848503
    Risposta dello sviluppatore Arturo Lopez Perez 2021.04.17 15:25
    Many thanks for your kind words.
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