Price Action Context Scanner PRO – Smart Pattern Recognition Indicator

Take your price action trading to the next level with Price Action Context Scanner PRO – a powerful pattern recognition indicator for cTrader that automatically detects the most important candlestick patterns in context of trend and volatility.

This tool is designed for traders who love clean charts, smart confirmations, and structured entries – no repaint, no magic, just logic.

🔍 What it detects

The indicator scans every candle and highlights high-probability patterns:

• ✅ Bullish Engulfing (BE) – potential bullish reversals or continuations
• ✅ Bearish Engulfing (SE) – potential bearish reversals or continuations
• ✅ Bullish Pin Bar (PB) – strong rejection of lower prices
• ✅ Bearish Pin Bar (PB) – strong rejection of higher prices
• ✅ Inside Bar (IB) – consolidation and breakout potential

Each signal is clearly marked on the chart with arrows + labels, and also plotted into two output buffers (BullishSignal / BearishSignal) so you can combine it with other tools, backtests or cBots.

🧠 Context-aware: trend filter included

Not all patterns are equal. A bullish engulfing against a strong downtrend is not the same as one with the trend.

That’s why this indicator comes with a built-in EMA trend filter:

• 📈 Only take bullish patterns when price is above the EMA
• 📉 Only take bearish patterns when price is below the EMA
• 🔧 You can easily enable/disable the filter or change the EMA period (e.g. 20, 50, 100, 200…)

This helps you focus on higher quality signals instead of every tiny pattern on the chart.

⚙️ Customizable to your style

You can fine-tune the detection rules to fit your market and timeframe:

• Min Body (pips) – ignore tiny candles and market noise
• Min Wick:Body Ratio (PinBar) – control how “clean” a pin bar must be
• Inside Bar – Min Body (pips) – avoid irrelevant small inside bars
• Arrow Offset Factor – how close the arrows are drawn to the candles
• Turn labels and arrows ON/OFF for a cleaner chart

Works on all symbols and timeframes: forex, indices, gold, crypto, stocks.

📊 Perfect for:

• Price action traders who want visual clarity and objective rules
• Scalpers and intraday traders looking for engulfing & pin bar setups
• Swing traders who wait for clean reversal patterns
• Anyone building systems based on candlestick patterns + trend filter

Use it as:

• A primary signal tool
• A confirmation filter for your own strategy
• A visual aid to learn and train your eyes to spot patterns in context

✅ Key Features Summary

• Automatic detection of Engulfing, Pin Bars, Inside Bars
• Optional EMA trend filter for smarter signals
• Clear arrows + text labels on the chart
• Bullish/Bearish signal buffers (for backtests and cBots)
• Fully configurable sensitivity and offsets
• Works on all pairs, indices, metals, crypto & timeframes
• Non-repainting, transparent and logical rules

If you want a clean, professional tool to systematize your price action trading and quickly spot high-probability patterns in the right market context, Price Action Context Scanner PRO is made for you.