OPEN-SOURCE SCRIPT
Bullish Candlestick Patterns

BULLISH REVERSAL PATTERNS (in downtrends):
🔨 HAMMER
Small body at top of candle
Long lower wick (2x+ body size)
Little/no upper wick
Appears in downtrend
Signal: Sellers pushed down but buyers regained control
📈 BULLISH ENGULFING
Current green candle completely engulfs previous red candle
Larger body than previous candle (1.2x+)
Appears in downtrend
Signal: Strong buyer takeover from sellers
⭐ MORNING STAR (3-candle pattern)
Long red candle → Small body (indecision) → Long green candle
Green candle closes above midpoint of first red candle
Appears in downtrend
Signal: Powerful reversal confirmation
BULLISH CONTINUATION PATTERN (in uptrends):
📊 RISING THREE METHODS (5-candle pattern)
Strong green candle → 3 small red pullbacks → Breakout green candle
Pullbacks stay within range of first candle
Final candle breaks above
Appears in uptrend
Signal: Healthy consolidation before continuation
🎯 KEY FEATURES:
Pattern-specific markers: H, BE, MS, R3 indicators
Large LONG triangles when any pattern detected
Pattern labels showing name and type (REVERSAL/CONTINUATION)
Real-time trend detection with EMA
Info table showing all active patterns
Individual alerts for each pattern type
Customizable parameters for sensitivity
Color-coded backgrounds for entry signals
⚙️ CUSTOMIZABLE SETTINGS:
Trend detection length (default 20)
Hammer wick ratio requirements
Engulfing size multipliers
Pattern sensitivity adjustments
This indicator gives you high-probability long entries based on proven Japanese candlestick patterns that show increasing buyer control!
🔨 HAMMER
Small body at top of candle
Long lower wick (2x+ body size)
Little/no upper wick
Appears in downtrend
Signal: Sellers pushed down but buyers regained control
📈 BULLISH ENGULFING
Current green candle completely engulfs previous red candle
Larger body than previous candle (1.2x+)
Appears in downtrend
Signal: Strong buyer takeover from sellers
⭐ MORNING STAR (3-candle pattern)
Long red candle → Small body (indecision) → Long green candle
Green candle closes above midpoint of first red candle
Appears in downtrend
Signal: Powerful reversal confirmation
BULLISH CONTINUATION PATTERN (in uptrends):
📊 RISING THREE METHODS (5-candle pattern)
Strong green candle → 3 small red pullbacks → Breakout green candle
Pullbacks stay within range of first candle
Final candle breaks above
Appears in uptrend
Signal: Healthy consolidation before continuation
🎯 KEY FEATURES:
Pattern-specific markers: H, BE, MS, R3 indicators
Large LONG triangles when any pattern detected
Pattern labels showing name and type (REVERSAL/CONTINUATION)
Real-time trend detection with EMA
Info table showing all active patterns
Individual alerts for each pattern type
Customizable parameters for sensitivity
Color-coded backgrounds for entry signals
⚙️ CUSTOMIZABLE SETTINGS:
Trend detection length (default 20)
Hammer wick ratio requirements
Engulfing size multipliers
Pattern sensitivity adjustments
This indicator gives you high-probability long entries based on proven Japanese candlestick patterns that show increasing buyer control!
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.