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.
Candlestick-patterns
RB — Rejection Blocks (Price Structure)This indicator detects and visualizes Rejection Blocks (RBs) using pure price action logic.
A bullish RB occurs when a down candle forms a lower low than both its neighbors. A bearish RB occurs when an up candle forms a higher high than both its neighbors.
Validated RBs are displayed as boxes, optional lines, or labels. Blocks are automatically removed when invalidated (price closes through them), keeping the chart uncluttered and focused.
How to use
• Apply on any timeframe, from intraday to higher timeframes.
• Watch how price reacts when revisiting RB zones.
• Treat these zones as contextual areas, not entry signals.
• Combine with your own trading methods for confirmation.
Originality
Unlike generic support/resistance tools, this indicator isolates a specific structural pattern (rejection blocks) and renders it visually on the chart. This selective focus allows traders to study structural reactions with more clarity and precision.
⚠️ Disclaimer: This is not a trading system or a signal provider. It is a visual analysis tool designed for structural and educational purposes.
Clean OHLC Lines | BaksPlots clean, non-repainting OHLC lines from higher timeframes onto your chart. Ideal for tracking key price levels (open, high, low, close) with precision and minimal clutter.
Core Functionality
Clean OHLC Lines = Historical Levels + Non-Repainting Logic
• Uses lookahead=on to anchor historical lines, ensuring no repainting.
• Displays OHLC lines for customizable timeframes (15min to Monthly).
• Optional candlestick boxes for visual context.
Key Features
• Multi-Timeframe OHLC:
Plot lines from 15min, 30min, 1H, 4H, Daily, Weekly, or Monthly timeframes.
• Non-Repainting Logic:
Historical lines remain static and never recalculate.
• Customizable Styles:
Adjust colors, line widths (1px-4px), and transparency for high/low/open/close lines.
• Candle Display:
Toggle candlestick boxes with bull/bear colors and adjustable borders.
• Past Lines Limit:
Control how many historical lines are displayed (1-500 bars).
User Inputs
• Timeframe:
Select the OHLC timeframe (e.g., "D" for daily).
• # Past Lines:
Limit historical lines to avoid overcrowding (default: 10).
• H/L Mode:
Draw high/low lines from the current or previous period.
• O/C Mode:
Anchor open/close lines to today’s open or yesterday’s close.
• Line Styles:
Customize colors, transparency, and styles (solid/dotted/dashed).
• Candle Display:
Toggle boxes/wicks and adjust bull/bear colors.
Important Notes
⚠️ Alignment:
• Monthly/weekly timeframes use fixed approximations (30d/7d).
• For accuracy, ensure your chart’s timeframe ≤ the selected OHLC timeframe (e.g., use 1H chart for daily lines).
⚠️ Performance:
• Reduce # Past Lines on low-end devices for smoother performance.
Risk Disclaimer
Trading involves risk. OHLC lines reflect historical price levels and do not predict future behavior. Use with other tools and risk management.
Open-Source Notice
This script is open-source under the Mozilla Public License 2.0. Modify or improve it freely, but republishing must follow TradingView’s House Rules.
📈 Happy trading!
Naked Bar Upward ReversalAMEX:SPY
The Naked Bar Upward Reversal is a three bar candlestick pattern with an inside candle as a entry point. This pattern is bullish since it has a candle closing red from the previous candle; the most bearish pattern possible. The following inside candle is a reversal of its previous candle with an open above the previous candle's close. Look to buy the next open above the inside candle's close.
This is a bullish reversal pattern and should be used in this context. Successful entries are found in corrections along an upward trend, or buying into a dip. Performance drops when the pattern appears at tops. To improve profitability, use a cluster of evidence to enhance the performance of this pattern. The intended time frame is within the daily and weekly.
All Candlestick Patterns - ExportThis is a copy of the built-in All Candlestick Patterns indicator, but with an additional plot for each indicator to support exporting. When exporting, each candlestick pattern will have its own column, with a 1 indicating the candlestick pattern was detected, and 0 indicating it wasn't. The plots are all overlaid, so are they are not useful for viewing, they are only used to generate values to export. This indicator also does not include alerts, so the built-in indicator should be used for everything except exporting.
Candlestick Pattern FinderThis script identifies common candlestick patterns and marks them with a tool-tip on the chart. It is a compilation of Tradingview's built-in candlestick finding scripts so it uses the same rules defined by Tradingview to identify the patterns. Instead of using a separate indicator for each candlestick pattern, you can use this script to find all the candlestick patterns with a single indicator.
By default, the script does not mark any of the detected patterns on the chart. You will have to open the indicator settings and enable the patterns you would like to see on the chart. There are also three tick-boxes that let you to enable/disable all the selected bearish/bullish/neutral patterns at once, i.e. if you would like to only see bearish patterns, you can disable all the bullish and neutral patterns at once with the corresponding tick boxes. When you enable bullish patterns again, the script will show your selection of bullish patterns again on the chart.
When you hover on the tool-tips with your cursor, a short description about the pattern will be displayed.
Candle Patterns StrategyThe script allows you to test popular candlestick patterns on various instruments and timeframes. In addition, you can configure risk management (if the value is zero, it means the function is disabled), and you can also specify the time of the trading session (for example, so that the positions are not transferred to the next day).
The author is grateful to JayRogers and Phi35, their code examples helped a lot in writing the strategy.
Candlestick Patterns [DW]This is a simple study designed to track multiple candlestick patterns. Custom alerts included.
