Price Action Helper

The PriceAction_Helper indicator automatically recognizes Japanese candlestick patterns on charts.

The indicator marks the location of a candle pattern and indicates the most likely price direction based on that pattern.

Who can use the indicator

If you are a novice in trading Japanese candlesticks, PriceAction_Helper will help you detect patterns, demonstrate how they work and enable you to memorize candle pattern types and names.

If you are an experienced trader familiar with Price Action, the indicator simplifies the search for candle patterns and allows deeper analysis of the market situation. Besides, PriceAction_Helper can perfectly complement your trading strategy or become a basis of the new one.

Currently available candle patterns

1. Main reversal patterns:
• Hammer
• Hanging man
• Inverted hammer
• Shooting star
• Bull Engulfing
• Bear Engulfing
• Dark-cloud cover
• Piercing pattern
• Morning star
• Evening star
2. Auxiliary reversal patterns:
• Harami
• Harami Cross
• Tweezers Tops
• Tweezers Bottoms
• Belt-hold lines
• Upside-gap two crows
• Three Black Crows
• Counterattack

New candle patterns are currently under testing and development.

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