Advanced Candlestick Engine Pro

Advanced Candlestick Engine is a structured candlestick-pattern recognition indicator for cTrader that automatically identifies important price-action formations, evaluates their structural quality, and displays them clearly on the chart.

Instead of treating every detected pattern equally, the engine assigns each confirmed detection a 0–100 Structural Quality Score. This score measures how closely the candle structure matches the defined pattern geometry, helping you visually distinguish stronger structural matches from weaker ones.

What It Detects

The engine recognizes 16 candlestick patterns:

• Hammer
• Inverted Hammer
• Hanging Man
• Shooting Star
• Bullish Engulfing
• Bearish Engulfing
• Morning Star
• Evening Star
• Three White Soldiers
• Three Black Crows
• White Marubozu
• Black Marubozu
• Tweezer Top
• Tweezer Bottom
• Three Inside Up
• Three Inside Down

Continued development: Advanced Candlestick Engine is built to evolve over time, with additional candlestick patterns and analytical enhancements planned for future releases.

Key Features

• 0–100 Structural Quality Scoring
Every confirmed pattern is evaluated according to its candle geometry rather than simply being marked as present or absent.

• Context-Aware Pattern Evaluation
Pattern detection considers candle structure and relevant trend/context conditions instead of relying only on isolated candle shapes.

• Closed-Bar Confirmation
Confirmed detections are based on closed candles, helping prevent confirmed patterns from changing because of movement in the currently forming bar.

• Clear Bullish & Bearish Visuals
Pattern names, quality scores and directional arrows make detections easy to identify directly on the chart.

• Multi-Candle Pattern Boxes
Patterns involving multiple candles are visually grouped so the complete formation can be understood at a glance.

• Adaptive Chart Presentation
Labels, arrows and pattern visuals automatically adjust across M1, M5, M15, M30, H1 and higher periods for clearer chart presentation.

• Optional Pattern Alerts
Enable alerts for newly confirmed patterns and define a minimum quality threshold so you are alerted only to detections that meet your selected requirements.

• No Historical Alert Flooding
Alerts are designed for newly confirmed detections rather than replaying historical pattern alerts when the indicator is attached or resynchronised.

• Configurable Sensitivity
Adjust detection sensitivity to control how strictly patterns must match their structural definitions.

• Quality-Based Display Filtering
Set a minimum display quality to reduce lower-quality detections and keep the chart focused.

• Primary/Secondary Pattern Control
Choose whether to display secondary patterns and whether alerts should be limited to primary detections.

• Independent Multiple Instances
Multiple instances of Advanced Candlestick Engine can operate independently on your cTrader charts.

• Controlled Chart History
Historical chart annotations are bounded to keep the visual presentation manageable during extended use.

Designed for Price-Action Traders

Advanced Candlestick Engine can be used for:

• Candlestick-pattern confirmation
• Discretionary price-action analysis
• Identifying potential reversal and continuation structures
• Filtering patterns by structural quality
• Monitoring newly confirmed patterns with alerts
• Combining candlestick information with trend, support/resistance or an existing trading methodology

Timeframes

M1 and above.

The indicator automatically adapts its visual presentation across lower and higher chart periods.

Instruments

Designed primarily for Forex and suitable for other cTrader instruments that use standard OHLC candlestick data.

Important Information

Advanced Candlestick Engine is an analysis indicator only. It does not open, close or manage trades.

The displayed Structural Quality Score measures how closely a detected formation matches its defined candlestick structure. It does not represent expected return, probability of success, win rate, trading confidence or financial advice.