Auto Candlestick Patterns Targets Setup

🔷 OVERVIEW

Auto Candlestick Pattern Targets automatically identifies supported candlestick reversal patterns and displays a complete trade setup directly on the chart. When a qualifying pattern is detected, the indicator plots an Entry level, Stop Loss, and up to three Take Profit levels based on its internal calculation logic.

The objective is to reduce the amount of manual chart work by presenting trade levels in a consistent visual format.

🔷 HOW IT WORKS

The indicator continuously evaluates completed candles for supported bullish and bearish candlestick formations.

When the pattern conditions are satisfied, it:

• Displays a Buy or Sell label

• Calculates an Entry level

• Places a Stop Loss based on the detected pattern

• Projects three Take Profit targets

Each setup remains visible on the chart, allowing users to review historical signals and monitor active trades.

🔷 VISUAL FEATURES

• Automatic Buy and Sell labels

• Entry level

• Stop Loss level

• Three Take Profit targets

• Risk and reward visualization

• Historical signal display

• Configurable colors and styles

🔷 INPUTS

The indicator includes options to customize:

• Signal sensitivity

• Display of Entry, Stop Loss, and Targets

• Label visibility

• Colors

• Historical setup display

🔷 USAGE

A common workflow is:

Wait for a Buy or Sell signal.
Allow the signal candle to close.
Review the plotted Entry, Stop Loss, and Take Profit levels.
Combine the setup with your own market analysis before making trading decisions.

🔷 MARKETS

The indicator can be applied to:

• Forex

• Stocks

• Cryptocurrency

• Indices

• Commodities

It is compatible with multiple timeframes, depending on the user's trading approach.

🔷 NOTES

This indicator is intended as a chart analysis tool and does not predict future price movements. Trade setups are generated according to the indicator's programmed rules and should be evaluated alongside other forms of technical analysis and appropriate risk management.

Note di rilascio

Notes–Update Latest!
✨ New Features

Added support for Auto Candlestick Patterns detection.
Automatic Entry, Stop Loss, and Take Profit (TP1–TP3) setup for supported candlestick reversal patterns. Buy and Sell labels are generated automatically when a valid pattern is detected.
Improved chart visualization with complete trade setup and risk/reward levels.
Enhanced customization options for labels, colors, and target visibility.
Performance and signal detection optimizations for smoother
operation across all supported markets and timeframes.

Thank you! for your support! More pattern detections, filters, and trading tools are planned for future updates. 🚀

Script open-source

Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.

Jos-ProTrader

t.me/EdwardJosFXAnalyst
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.

🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.

Anche su:

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.

Script open-source

Jos-ProTrader

Anche su: