Indicator will identify 16 different candlestick patterns and automatically paint them on your chart when they appear.
This indicator will work with the Tradingview chart viewing platform which is completely free to use regardless of what country you live in.
Due to 16 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen.
I have everything spelled out except the hammer and inverted hammer .They are “H” and “IH” respectively on the charts. They show up so often that they cluttered the charts.
The default script has: Doji , Evening Star , Morning Star , Shooting Star , Hammer , Inverted Hammer , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing ,Piercing Line, Bullish Belt, Bullish Kicker,Bearish Kicker, Hanging man ,and Dark Cloud Cover. You can turn off what you don’t like. The PiercingLine, Bullish Belt,and the Kickers will usually show up better in the daily charts .
I recommend looking at the book “The Candlestick Bible: From The Intelligent Trader Series” by Oleg Pozhidaev on Amazon to learn how to trade all of these formations and even more.
Works with Futures,Forex Currency Pairs, and Stocks
Works with Tradingview(a free chart viewing platform) Tradingview.com
Note: All customers will receive future updated versions of this indicator free of charge as soon as they are released (via email). Emails will not be used for marketing purposes or advertisement, customer emails are only used to distribute software updates. Software is updated typically once per quarter in order to keep it relevant to today’s markets.