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1 Candlestick Patterns Version 30 Description Candlestick Patterns Version 30 Description: The Candlestick Pattern ShowMe analysis technique for RadarScreen®, Chart Analysis, and the Scanner shows when certain candlestick patterns occur for stocks, ETFs, Forex, etc. The indicator can be used to search for the following candlestick patterns: doji, bullish engulfing, bearish engulfing, hammer, dark cloud, piercing pattern, morning star, evening star, inverse hammer, bullish harami, bearish harami, bullish kicker, bearish kicker, shooting star, bullish railroad tracks, bearish railroad tracks, tweezer bottom, tweezer top, island reversal bottom, island reversal top, bullish marubozu and bearish marubozu, rally-base-rally, drop-base-drop, rally-base and drop-base, inside bar, three crows, three soldiers. You can have the indicator look for all the patterns or just the ones you are interesting in analyzing. This indicator will work on any time frame as well as tick charts. Alerts, if enable, will be generated for all enabled candlestick patterns. Inputs: doji_enabled = enables(true) or disables(false) the indicator to look for the doji candlestick pattern. The default is “true”. doji_text = Allows you to customize the display text. The default is “D”. doji_color = Allows you to customize the display text’s color. The default is yellow. doji_body_percent = Allows you to customize the body size of the doji with respect to the total candlestick size from high to low. The default is “5” for 5%. bull_engulf_enabled = enables(true) or disables(false) the indicator to look for the bullish engulfing candlestick pattern. The default is “true”. bull_engulf _text = Allows you to customize the display text. The default is “E”. bull_engulf _color = Allows you to customize the display text’s color. The default is green. bear_engulf_enabled= enables(true) or disables(false) the indicator to look for the bearish engulfing candlestick pattern. The default is “true”. bear_engulf _text = Allows you to customize the display text. The default is “E”. bear _engulf _color = Allows you to customize the display text’s color. The default is red. hammer_enabled = enables(true) or disables(false) the indicator to look for the hammer candlestick pattern. The default is “true”. hammer _text = Allows you to customize the display text. The default is “H”. hammer _color = Allows you to customize the display text’s color. The default is yellow. hammer_shadow_percent = Allows you to customize the size of the hammer shadow with respect to the total candlestick size from high to low. The default is “66” for 66% and this means that the shadow must be at least 66% of the total size of the candle from high to low. A smaller number will allow more hammers to be found and a larger number will reduce the number of hammers that are found. dark_cloud_enabled = enables(true) or disables(false) the indicator to look for the dark cloud candlestick pattern. The default is “true”. dark_cloud _text = Allows you to customize the display text. The default is “DC”. dark_cloud _color = Allows you to customize the display text’s color. The default is red. piercing_pattern_enabled = enables(true) or disables(false) the indicator to look for the piercing pattern candlestick pattern. The default is “true”. 1 piercing_pattern _text = Allows you to customize the display text. The default is “P”. piercing_pattern _color = Allows you to customize the display text’s color. The default is green. morning_star_enabled = enables(true) or disables(false) the indicator to look for the morning star candlestick pattern. The default is “true”. morning_star _text = Allows you to customize the display text. The default is “M”. morning_star _color = Allows you to customize the display text’s color. The default is green. evening_star_enabled = enables(true) or disables(false) the indicator to look for the evening star candlestick pattern. The default is “true”. evening _star _text = Allows you to customize the display text. The default is “ES”. evening _star _color = Allows you to customize the display text’s color. The default is red. inverted_hammer_enabled = enables(true) or disables(false) the indicator to look for the inverse hammer candlestick pattern. The default is “true”. inverted_hammer _text = Allows you to customize the display text. The default is “IH”. inverted_hammer _color = Allows you to customize the display text’s color. The default is yellow. Inverted_hammer_shadow_percent = Allows you to customize the size of the inverted hammer shadow with respect to the total candlestick size from high to low. The default is “66” for 66% and this means that the shadow must be at least 66% of the total size of the candle from high to low. A smaller number will allow more inverted hammers to be found and a larger number will reduce the number of inverted hammers that are found. bull_harami_enabled = enables(true) or disables(false) the indicator to look for the bullish harami candlestick pattern. The default is “true”. bull_ harami _text = Allows you to customize the display text. The default is “BH”. bull_ harami _color = Allows you to customize the display text’s color. The default is green. bear_ harami _enabled = enables(true) or disables(false) the indicator to look for the bearish harami candlestick pattern. The default is “true”. bear_ harami _text = Allows you to customize the display text. The default is “BH”. bear_ harami _color = Allows you to customize the display text’s color. The default is red. bull_kicker_enabled = enables(true) or disables(false) the indicator to look for the bullish kicker candlestick pattern. The default is “true”. bull_kicker_text = Allows you to customize the display text. The default is “BK”. bull_kicker_color = Allows you to customize the display text’s color. The default is green. bear_kicker_enabled = enables(true) or disables(false) the indicator to look for the bearish kicker candlestick pattern. The default is “true”. bear_kicker_text = Allows you to customize the display text. The default is “BK”. bear_kicker_color = Allows you to customize the display text’s color. The default is red. shooting_star_enabled = enables(true) or disables(false) the indicator to look for the shooting star candlestick pattern. The default is “true”. shooting_star _text = Allows you to customize the display text. The default is “SS”. shooting_star _color = Allows you to customize the display text’s color. The default is red. 2 bull_rr_track_enabled = enables(true) or disables(false) the indicator to look for the bullish railroad track candlestick pattern. The default is “true”. bull_rr_track _text = Allows you to customize the display text. The default is “RT”.bull_rr_track _color = Allows you to customize the display text’s color. The default is green. bull_rr_track_body_length = This input defines what percentage of the overall candlestick the body must be. The comparison is (|Open-Close|/|High-Low|)>=( bull_rr_track_body_length /100). The default is 60 (60%). bull_rr_track _bar_comp = This input is used to determine how similar the two bars must be. The default is 15 (15%). This means that the size of the bars must be within 15% of each other. bull_rr_track _oc_comp = This input is used to determine how close the open and close of the two bars must be. The default is 20 (20%). This means that the close of the prior must be within 20% of the open of the current bar and the open of the prior bar must be within 20% of the close of the current bar. bear_rr_track_enabled = enables(true) or disables(false) the indicator to look for the bearish railroad track candlestick pattern. The default is “true”. bear_rr_track _text = Allows you to customize the display text. The default is “RT”. bear_rr_track _color = Allows you to customize the display text’s color. The default is red. bear_rr_track_body_length = This input defines what percentage of the overall candlestick the body must be. The comparison is (|Open-Close|/|High-Low|)>=( bear_rr_track_body_length /100). The default is 60 (60%). bear_rr_track _bar_comp = This input is used to determine how similar the two bars must be. The default is 15 (15%). This means that the size of the bars must be within 15% of each other. bear_rr_track _oc_comp = This input is used to determine how close the open and close of the two bars must be. The default is 20 (20%). This means that the open of the prior must be within 20% of the close of the current bar and the close of the prior bar must be within 20% of the open of the current bar. twzer_bot_enabled = enables(true) or disables(false) the indicator to look for the tweezer bottom candlestick pattern. The default is “true”. twzer_bot _text = Allows you to customize the display text. The default is “TB”. twzer_bot _color = Allows you to customize the display text’s color. The default is green. twzer_bot_lookback = This input controls the lookback number of bars to see if the current pattern is a local bottom. The default is '5' which means that the tweezer bottom low must be the low over the past 5 bars. twzer_top_enabled = enables(true) or disables(false) the indicator to look for the tweezer top candlestick pattern. The default is “true”. twzer_top_text = Allows you to customize the display text. The default is “TT”. twzer_top _color = Allows you to customize the display text’s color. The default is red. twzer_top_lookback = This input controls the lookback number of bars to see if the current pattern is a local top. The default is '5' which means that the tweezer top high must be the high over the past 5 bars. island_rev_bot_enabled = enables(true) or disables(false) the indicator to look for the island reversal bottom candlestick pattern. The default is “true”. island_rev_bot _text = Allows you to customize the display text. The default is “IB”. island_rev _color = Allows you to customize the display text’s color. The default is green. 3 island_rev_top_enabled = enables(true) or disables(false) the indicator to look for the island reversal top candlestick pattern. The default is “true”. island_rev_top_text = Allows you to customize the display text.
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