Beschreibung
Advanced Candlestick Engine is a professional candlestick-pattern recognition indicator designed for traders who want clear, structured price-action analysis directly on the cTrader chart.
The indicator identifies 16 displayable candlestick patterns and evaluates each detection using a 0–100 structural quality score. This score measures how closely the candle structure matches the defined pattern geometry; it is not a win probability, profitability score or trade recommendation.
Key features
• 16 displayable candlestick patterns
• Structural quality scoring from 0–100
• Adaptive pattern definitions based on recent market structure
• Bullish and bearish chart labels
• Clear directional arrows
• Full-width visual boxes for multi-candle patterns
• Automatic visual scaling across M1, M5, M15, M30, H1 and higher periods
• Optional real-time pattern alerts for newly confirmed detections
• Alert logic designed to avoid historical alert replay when the indicator is attached or resynchronised
• Configurable sensitivity and display filtering
• Multiple indicator instances can run independently
• Closed-bar pattern recognition designed to avoid repainting confirmed detections
• Bounded chart rendering for responsive performance
Indicator type: Candlestick pattern / price-action analysis
Preferred periods: M1 and above. The indicator automatically adjusts its chart presentation across lower and higher periods.
Preferred instruments: Forex pairs and other instruments with standard OHLC candlestick data.
Trading use cases: Pattern confirmation, discretionary price-action analysis, identifying potential reversal or continuation structures, and combining candlestick information with an existing trading methodology.
Advanced Candlestick Engine does not open or manage trades. It is a technical-analysis tool designed to help traders recognise and evaluate candlestick structures more consistently.
Important: The displayed quality value measures structural pattern quality only. It does not represent expected return, probability of success, win rate or trading confidence.
