Candle Pattern Finder

The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures".

If a pattern is detected, the indicator displays a message at a bar closure.

It recognizes the following patterns: Bullish/Bearish (possible settings in brackets):

1. Hammer / Shooting Star (with or without /confirm/iation*)
2. Inverted Hammer / Hanging Man (with or without /confirm/iation*)
3. Engulfing (high or low sensibility**)
4. Piercing Line / Dark Cloud Cover (high or low sensibility**)
5. Three White Soldiers / Identical Three Crows (high or low sensibility**)
6. Morning Star / Evening Star including Doji Star
7. Rising Three Methods / Falling Three Methods
8. Meeting Lines
9. Harami, including Harami Cross

* - "Without /confirm/iation" - a signal occurs straight at the closure of the bar that forms the candlestick pattern. "With /confirm/iation" - the indicator waits for the next (/confirm/iing) bar closure.

** - "Low sensibility" - the pattern is recognized in strict conformity with the description from the book by Gregory L. Morris. "High sensibility" - uses additional criteria that take into account a variety of pattern options in the Forex market, which are not used on the stock market. This has increased the number of correct signals without increasing the number of false ones.

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