GeoShowCond

For professionals in candlestick and technical analysis!

This is your tool!

The innovative GeoShowCond indicator allows you to quickly test candlestick patterns that you describe yourself!

You define formula‑based buy and sell conditions, for example:

B1=close[i] > high[i+1] && low[i] > low[i+2]
S1=close[i] < low[i+1] && high[i] < high[i+2]
B2=close[i] > high[i+2]
S2=close[i] < low[i+2]
B3=close[i] > high[i+1] && low[i] < low[i+1] && low[i] < low[i+2] && low[i] < low[i+3]
S3=close[i] < low[i+1] && high[i] > high[i+1] && high[i] > high[i+2] && high[i] > high[i+3]

The indicator will then mark on the chart the candles involved in the conditions with a rectangle and label them with arrows.

The indicator visualises your specified candlestick patterns on the chart!

No more routine! No more hours of searching and scanning for candle combinations.

Describe them – and you will see them!

You can have up to three buy conditions and up to three sell conditions.

You can quickly control which conditions are displayed directly on the screen with a mouse click.

But this does not limit the indicator’s capabilities or your research potential.

The conditions are written in an external text file.

You can have an unlimited number of such external condition files, and you choose the desired file name in the parameters.

Thus, the indicator can display (highlight) an unlimited number of candlestick patterns.

Pattern depth – 4 candles, from the current one to the third closed candle – is quite sufficient for testing any candlestick patterns.

In the next version – audible indication of a forming pattern.

Updates are free.