LT_Ind_Candles
Logo "LT_Ind_Candles"
03/09/2025
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Since 25/09/2024
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Single Candle Patterns:

  • Doji
  • Hammer
  • Shooting Star

2 Candles Patterns:

  • Engulf
  • DarkCloud
  • Piercing
  • Harami

3 Candles Patterns:

  • Morning Stars
  • Eveving Stars

Marubozu:

If selected, size of big body candles are annotated. Read the setting descriptions for size.


Settings:

  • MaxDojiSize: The maximum ratio between Bar Body over Bar Range to consider a Doji (default 0.1).
  • Marubozu Factor: The BarBody of current bar must > MarubozuFactor * Median BarBody of last 200 bars to be considered a big candle (Marubozu). We do not care the wick here.
  • Use Range For Marubozu: Use BarRange (High - Low) instead of BarBody (Open - Close).MathAbs() when check for Marubozu.
  • Patterns: put patterns you want to detect, separated by comma. Accepted values are: Doji,Hammer,ShootingStar,Engulf,DarkCloud,Piercing,Harami,Star,Marubozu. Note that if choose "Star", both Morning Stars and Evening Stars will be detected.
  • Show Retrace Fibo: A helper Fibo levels to help you control risk. When there are 2 consecutive Higher High and Higher Low candles, specified Fibo levels calculated from that 2 candles are plotted. You can hold your entry until price reach the levels to control risk. Levels are settable. The opposite side are same (Lower High and Lower Low).
  • Min Percent Change: The 2 candles that used for Fibo levels must form a change in price > this percent.
  • Fibo Levels: put your levels separated by comma.
  • Color: color of the candle annotation.
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