The tool identifies Price Action candlestick patterns.

Widget appearance

Widget appearance

Widget Placement

To add the "Candlestick patterns" tool to your workspace, first click the "Widget menu" button at the top of the platform. Then click on the button with the same name in the "Technical" section.

Widget location

Widget location

Access to the model

The model is available on all subscription versions.

Basic Trader Pro
+ + +

Functionality of the tool

Candlestick patterns is a screener that finds and displays in real time the candlestick patterns of Price action that have formed on the charts. The user receives the information in the form of a table.

The visual representation of the model has 3 color values:

  1. Bullish patterns are marked in green.
  2. Bearish patterns are marked in red.
  3. Neutral patterns are marked in gray.

The widget uses two filters:

  1. a time frame filter;
  2. a pattern filter.

Candle patterns filters

Candle patterns filters

By default, the timeframe filter value is set to 5m. This means that the tool will track all charts on a 5-minute timeframe and when it detects a particular Price action pattern, it will send a signal to the user. The following timeframes are available: