OPEN-SOURCE SCRIPT

Improved Candle Strategy (without daily squared)

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# Candle Pattern Trading Strategy

## Core Logic
Analyzes the last 5 candlesticks to identify "close at high" and "close at low" patterns, generating long/short signals.

## Trading Conditions
- **Long**: ≥2 bars closed at high in past 5 bars + current bar closes at high → Open long
- **Short**: ≥2 bars closed at low in past 5 bars + current bar closes at low → Open short
- **Filter**: If ≥3 doji patterns detected, skip trading

## Risk Management
- Stop Loss: Based on entry bar's high/low
- Take Profit: Risk × 2x multiplier
- Cooldown: No trading for 2 bars after entry
- Session Filter: No trading for first 5 bars after market open

## Configurable Parameters
- Lookback period, doji threshold, close proximity ratio, TP/SL ratio, cooldown bars, etc.

**Use Cases**: 1-minute and higher timeframes on stocks/futures

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