Candlestick Patterns v1.0

🔍 Overview
Candlestick Patterns v1.0 automatically identifies popular bullish and bearish candlestick formations directly on your chart.

It highlights potential reversal and continuation signals using color-coded visual markers — so traders can quickly spot opportunities without manually scanning candles.

This tool is designed for traders who rely on price action, pattern confirmation, or trend reversal analysis.

⚙️ Features

• Detects major patterns:
  
• Doji, Dragonfly Doji, Gravestone Doji
  Morning Star and Evening Star
  Hammer and Inverted Hammer
  Bullish & Bearish Engulfing
  Shooting Star and Hanging Man
  
• Customizable bullish/bearish colors
  
• Toggle each pattern on or off
  
• Lightweight and compatible with all timeframes and instruments
  

🧠 How to Use
1. Add to chart — open the indicator and click Add to chart.
2. Choose patterns — open Settings → Inputs and select which patterns to display.
3. Interpret signals:

• 🟢 Bullish patterns appear below candles (possible buy/reversal areas).
  
• 🔴 Bearish patterns appear above candles (possible sell/reversal areas).
  

4.Use alongside other tools like RSI, Moving Averages, or Volume for confirmation.

💡 Tips

• Look for Hammers or Bullish Engulfing at support in a downtrend → strong buy signals.
  
• Look for Shooting Stars or Bearish Engulfing at resistance in an uptrend → potential short setups.
  
• Avoid using on extremely low timeframes unless combined with filters (trend/RSI/volume).
  

👨‍💻 Author
Created by hjvasoya
© 2025 — Published under the Mozilla Public License 2.0