Smart Candlestick Pattern Filter [MarkitTick]💡 This Script is a sophisticated technical analysis tool designed to identify, grade, and display over 40 distinct candlestick formations based on a proprietary strength and context filtering system. Unlike standard pattern finders that often clutter charts with conflicting signals, this script utilizes a hierarchy logic to display only the most significant pattern detected on any given candle, ensuring chart clarity and actionable data.
● Originality and Utility
The primary utility of this script lies in its filtering engine. Standard indicators often flag every minor Doji or Spinning Top, creating noise. This indicator categorizes patterns into five distinct levels of strength, ranging from simple indecision to very strong reversal or continuation signals.
Furthermore, it incorporates a Trend Context filter, which checks the relationship between price and a Simple Moving Average (SMA). This ensures that reversal patterns (like Hammers) are prioritized during downtrends, while continuation patterns are highlighted during established moves, reducing false positives.
● Methodology
The indicator evaluates price action using specific ratios between the Open, High, Low, and Close, alongside the body size relative to the total range. It assigns a strength score to each detected pattern.
• Pattern Strength Grading
Strength 1 (Indecision): Includes patterns like Doji, Spinning Tops, Dragonfly, and Gravestone Dojis. These signal a pause in momentum.
Strength 2 (Weak): Includes patterns like Hanging Man, Inverted Hammer, Belt Holds, and In-Neck lines. These suggest potential movement but often require confirmation.
Strength 3 (Moderate): Includes classic reversals like Hammers, Shooting Stars, Haramis, Dark Cloud Cover, and Piercing Lines.
Strength 4 (Strong): Includes major signals like Engulfing patterns, Morning/Evening Stars, and Marubozu candles.
Strength 5 (Very Strong): Reserved for rare, high-probability multi-candle formations like Three White Soldiers, Three Black Crows, Rising/Falling Three Methods, and Breakaway gaps.
The script calculates all potential patterns for the current bar and then compares their strength scores. Only the pattern with the highest strength is displayed. If the Show Trend Context option is enabled, the script further validates the pattern against the current market direction (determined by the SMA and slope) before plotting.
● How to Use
Traders can use this tool to identify potential entry and exit points based on the strength of the signal.
• Visual Signals
Patterns are labeled directly on the chart:
Green Labels/Text: Indicate Bullish patterns.
Red Labels/Text: Indicate Bearish patterns.
Gray/White Labels: Indicate Indecision or Weak patterns.
Hovering over any label provides the full name of the pattern and its strength rating (e.g., "Bullish Engulfing - Strength: Strong").
• Trading Logic
High Strength Signals (Levels 4-5): These can be used as primary triggers for trend reversals or strong continuations.
Moderate Signals (Level 3): Useful for adding confluence to existing analysis or anticipating a setup.
Indecision (Level 1): Often useful for taking profits or tightening stop-losses, as they indicate the current trend may be stalling.
● Settings
Show Only Strong Patterns: When enabled, filters out Strength 1, 2, and 3, showing only the most significant signals (Strength >= 4).
Max Patterns to Display: Limits the number of historical labels to prevent chart clutter.
Max Candles to Check Engulfing: Adjusts how far back the script looks to validate the size of an engulfing candle.
Trend Detection Period: Sets the length of the SMA used to determine the background trend context.
Show Only Trend-Appropriate Patterns: If checked, bullish reversals are only shown in downtrends, and bearish reversals in uptrends.
● Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. I expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion.
Candlesticktrading
3D Candles (Zeiierman)█ Overview
3D Candles (Zeiierman) is a unique 3D take on classic candlesticks, offering a fresh, high-clarity way to visualize price action directly on your chart. Visualizing price in alternative ways can help traders interpret the same data differently and potentially gain a new perspective.
█ How It Works
⚪ 3D Body Construction
For each bar, the script computes the candle body (open/close bounds), then projects a top face offset by a depth amount. The depth is proportional to that candle’s high–low range, so it looks consistent across symbols with different prices/precisions.
rng = math.max(1e-10, high - low ) // candle range
depthMag = rng * depthPct * factorMag // % of range, shaped by tilt amount
depth = depthMag * factorSign // direction from dev (up/down)
depthPct → how “thick” the 3D effect is, as a % of each candle’s own range.
factorMag → scales the effect based on your tilt input (dev), with a smooth curve so small tilts still show.
factorSign → applies the direction of the tilt (up or down).
⚪ Tilt & Perspective
Tilt is controlled by dev and translated into a gentle perspective factor:
slope = (4.0 * math.abs(dev)) / width
factorMag = math.pow(math.min(1.0, slope), 0.5) // sqrt softens response
factorSign = dev == 0 ? 0.0 : math.sign(dev) // direction (up/down)
Larger dev → stronger 3D presence (up to a cap).
The square-root curve makes small dev values noticeable without overdoing it.
█ How to Use
Traders can use 3D Candles just like regular candlesticks. The difference is the 3D visualization, which can broaden your view and help you notice price behavior from a fresh perspective.
⚪ Quick setup (dual-view):
Split your TradingView layout into two synchronized charts.
Right pane: keep your standard candlestick or bar chart for live execution.
Left pane: add 3D Candles (Zeiierman) to compare the same symbol/timeframe.
Observe differences: the 3D rendering can make expansion/contraction and body emphasis easier to spot at a glance.
█ Go Full 3D
Take the experience further by pairing 3D Candles (Zeiierman) with Volume Profile 3D (Zeiierman) , a perfect complement that shows where activity is concentrated, while your 3D candles show how the price unfolded.
█ Settings
Candles — How many 3D candles to draw. Higher values draw more shapes and may impact performance on slower machines.
Block Width (bars) — Visual thickness of each 3D candle along the x-axis. Larger values look chunkier but can overlap more.
Up/Down — Controls the tilt and strength of the 3D top face.
3D depth (% of range) — Thickness of the 3D effect as a percentage of each candle’s own high–low range. Larger values exaggerate the depth.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
