OPEN-SOURCE SCRIPT
Diupdate Candlestick Patterns Highlighter
Most candlestick indicators are either too noisy or too dumb.
This one is neither.
Candlestick Patterns Highlighter v5 is a precision-focused tool that identifies high-probability candlestick structures using strict, adjustable logic — not vague textbook definitions.
⚡ What This Indicator Does
This script automatically detects and highlights:
Bullish Engulfing (BE)
Bearish Engulfing (SE)
Doji (D)
Hammer (H)
Inverse Hammer (IH)
Each pattern is:
Highlighted directly on the candle (barcolor)
Marked with minimal, clean labels (no chart clutter)
🎯 Why This Is Different
Most pattern indicators:
Trigger too frequently
Use loose definitions
Are useless in real trading
This one is built with strict mathematical filters, so you get:
Fewer signals
Better quality signals
Full control over pattern sensitivity
⚙️ Customization (Where the Edge Is)
You can fine-tune every pattern:
Doji Control
Define max body size as % of candle range
Hammer Logic
Control body size relative to range
Define minimum lower wick strength
Limit upper wick size
Inverse Hammer Logic
Mirror control of hammer structure
Adjust upper wick dominance
👉 This means you are not locked into textbook definitions — you can adapt it to:
Nifty scalping
Intraday trading
Swing setups
📊 Visual Design
Color-coded candles
Green → Bullish Engulfing
Red → Bearish Engulfing
Yellow → Doji
Aqua → Hammer
Orange → Inverse Hammer
Minimal labels
BE / SE / D / H / IH
No unnecessary clutter
🧠 How to Use (Blunt Truth)
Don’t be stupid and trade patterns blindly.
Use this as:
Confirmation, not entry
Combine with:
Structure (support/resistance)
Trend
Liquidity zones
Best use cases:
Reversal zones
Pullbacks
Breakout retests
This one is neither.
Candlestick Patterns Highlighter v5 is a precision-focused tool that identifies high-probability candlestick structures using strict, adjustable logic — not vague textbook definitions.
⚡ What This Indicator Does
This script automatically detects and highlights:
Bullish Engulfing (BE)
Bearish Engulfing (SE)
Doji (D)
Hammer (H)
Inverse Hammer (IH)
Each pattern is:
Highlighted directly on the candle (barcolor)
Marked with minimal, clean labels (no chart clutter)
🎯 Why This Is Different
Most pattern indicators:
Trigger too frequently
Use loose definitions
Are useless in real trading
This one is built with strict mathematical filters, so you get:
Fewer signals
Better quality signals
Full control over pattern sensitivity
⚙️ Customization (Where the Edge Is)
You can fine-tune every pattern:
Doji Control
Define max body size as % of candle range
Hammer Logic
Control body size relative to range
Define minimum lower wick strength
Limit upper wick size
Inverse Hammer Logic
Mirror control of hammer structure
Adjust upper wick dominance
👉 This means you are not locked into textbook definitions — you can adapt it to:
Nifty scalping
Intraday trading
Swing setups
📊 Visual Design
Color-coded candles
Green → Bullish Engulfing
Red → Bearish Engulfing
Yellow → Doji
Aqua → Hammer
Orange → Inverse Hammer
Minimal labels
BE / SE / D / H / IH
No unnecessary clutter
🧠 How to Use (Blunt Truth)
Don’t be stupid and trade patterns blindly.
Use this as:
Confirmation, not entry
Combine with:
Structure (support/resistance)
Trend
Liquidity zones
Best use cases:
Reversal zones
Pullbacks
Breakout retests
Catatan Rilis
Candlestick Patterns HighlighterCatatan Rilis
Candle Stick Catatan Rilis
Candlestick Patterns HighlighterCatatan Rilis
CandleCatatan Rilis
CandleCatatan Rilis
updateCatatan Rilis
UpdatedCatatan Rilis
UpdatedCatatan Rilis
UpdatedSkrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.