OPEN-SOURCE SCRIPT
Japanese Candlestick Patterns Pro
Japanese Candlestick Patterns Pro
Candlesticks are the language of the market. Every candle tells a story — pressure, hesitation, rejection, strength, weakness, fear, and momentum. Japanese Candlestick Patterns Pro is designed to help traders read that story faster and more clearly.
This indicator automatically detects key Japanese candlestick patterns directly on the chart, helping you identify potential reversal, continuation, and market reaction zones without manually scanning every candle.
It highlights both bullish and bearish formations, including engulfing patterns, harami, hammer, hanging man, inverted hammer, shooting star, morning star, evening star, piercing line, dark cloud cover, three white soldiers, three black crows, inside days, and outside days.
The goal of this tool is not to predict the market blindly. The goal is to bring structure to price action and help you notice moments where the balance between buyers and sellers may be changing.
Main features:
• Automatic detection of classic Japanese candlestick patterns
• Bullish and bearish pattern recognition
• Trend filter using SMA or EMA
• Optional volume filter
• Text labels, symbols, or both
• Visual table with active bullish and bearish patterns
• Alerts for key candlestick setups
• Flexible settings for body size, shadows, trend conditions, and pattern filtering
This indicator is useful for traders who want to combine traditional candlestick analysis with a more systematic approach. It can help you quickly spot important price action signals, confirm your own analysis, and avoid missing key candle formations during fast market movement.
Recommended use:
Start with higher timeframes to understand the main market direction.
Use candlestick patterns near support, resistance, liquidity zones, or trend areas.
Do not trade every signal blindly. Look for confirmation from structure, volume, and market context.
Use alerts to monitor important setups without watching the chart constantly.
Japanese Candlestick Patterns Pro is built for traders who respect price action and want to see the market with more discipline, clarity, and control.
This is not financial advice. Always use proper risk management and test the indicator on your own market, timeframe, and trading strategy.
Follow Golden_WolfAI.
Candlesticks are the language of the market. Every candle tells a story — pressure, hesitation, rejection, strength, weakness, fear, and momentum. Japanese Candlestick Patterns Pro is designed to help traders read that story faster and more clearly.
This indicator automatically detects key Japanese candlestick patterns directly on the chart, helping you identify potential reversal, continuation, and market reaction zones without manually scanning every candle.
It highlights both bullish and bearish formations, including engulfing patterns, harami, hammer, hanging man, inverted hammer, shooting star, morning star, evening star, piercing line, dark cloud cover, three white soldiers, three black crows, inside days, and outside days.
The goal of this tool is not to predict the market blindly. The goal is to bring structure to price action and help you notice moments where the balance between buyers and sellers may be changing.
Main features:
• Automatic detection of classic Japanese candlestick patterns
• Bullish and bearish pattern recognition
• Trend filter using SMA or EMA
• Optional volume filter
• Text labels, symbols, or both
• Visual table with active bullish and bearish patterns
• Alerts for key candlestick setups
• Flexible settings for body size, shadows, trend conditions, and pattern filtering
This indicator is useful for traders who want to combine traditional candlestick analysis with a more systematic approach. It can help you quickly spot important price action signals, confirm your own analysis, and avoid missing key candle formations during fast market movement.
Recommended use:
Start with higher timeframes to understand the main market direction.
Use candlestick patterns near support, resistance, liquidity zones, or trend areas.
Do not trade every signal blindly. Look for confirmation from structure, volume, and market context.
Use alerts to monitor important setups without watching the chart constantly.
Japanese Candlestick Patterns Pro is built for traders who respect price action and want to see the market with more discipline, clarity, and control.
This is not financial advice. Always use proper risk management and test the indicator on your own market, timeframe, and trading strategy.
Follow Golden_WolfAI.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.