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Trading product for Candle Pattern Hunter Indicator Engulfing Key Levels, image 1
Candle Pattern Hunter
Indicator
Version 1.0, May 2026
Windows, Mac
Trading product for Candle Pattern Hunter Indicator Engulfing Key Levels, image 2
Since 21/02/2025
466.3M
Traded volume
180.83K
Pips won
26
Sales
7.43K
Free installs

Description

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.

Summary

AI summary
Candle Pattern Hunter is a candlestick pattern indicator that automatically scans price charts to identify key classical trading signals. It detects patterns such as Bullish and Bearish Engulfing, Hammer and Inverted Hammer, Shooting Star, Morning Star, Evening Star, Tweezer Tops and Bottoms, as well as multi-candle formations like Three White Soldiers and Three Black Crows. When a pattern is recognized, the indicator plots a colored arrow directly on the relevant candle—green or blue arrows below the candle low indicate bullish setups, while red or orange arrows above the candle high indicate bearish setups. This visual marking helps traders quickly interpret potential market reversals and trend continuations without manual candle analysis. The tool also offers configurable alerts, including on-screen and optional push notifications, allowing traders to respond promptly to high-probability signals. Each pattern detection can be enabled or disabled individually to suit different trading styles. Overall, Candle Pattern Hunter supports structured price action analysis by highlighting significant candlestick patterns and market structure changes on the chart.
Indicator profile
Indicator category
Pattern
Output type
Signals
Data requirements
Bars only
Supported signals
Cross
Divergence
Breakout
Reversal
Trend strength
Volatility
Level touch
Level break
Session opening range

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Discussion

FAQ

Engulfing
Key Levels
Market Structure
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Price

Since 21/02/2025
466.3M
Traded volume
180.83K
Pips won
26
Sales
7.43K
Free installs