This indicator is a comprehensive candlestick pattern recognition tool designed to automatically scan price action and highlight key market signals directly on the chart.
It detects a wide range of classical trading patterns, including Bullish and Bearish Engulfing, Hammer and Inverted Hammer formations, Shooting Star, Morning Star and Evening Star reversal structures, as well as Tweezer Tops and Bottoms. In addition, it identifies stronger multi-candle trend patterns such as Three White Soldiers (bullish continuation) and Three Black Crows (bearish continuation).
When a valid pattern is found, the indicator plots a clear arrow on the exact candle where the signal occurs—green or blue for bullish setups below the candle low, and red or orange for bearish setups above the candle high. This allows traders to visually interpret market structure changes without manually analyzing each candle.
The tool also supports configurable alerts, including on-screen notifications and optional push alerts, enabling traders to react in real time when high-probability setups appear. Each pattern can be individually enabled or disabled, giving full flexibility depending on trading style.
Overall, this indicator helps traders identify potential reversals and trend continuations faster, reduce manual chart analysis, and improve decision-making based on structured price action signals.
