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Patterns

Every pattern here is a rule over stored candles, written out step by step below. Pick a name and a candle size, then one pattern to test — or let the library look for anything in progress. A hit is an observation of what the candles just did; what followed the earlier hits on the same name is counted and shown beside it, every hit included. For what the candles in progress say about the coming hours and days, open the outlook; to be told when a pattern completes, sign in and tap Alert me on any card.

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Defaults shown are for daily candles; change the candle size and re-test to see that size's defaults. Intraday candles exist only for names on a reader's watchlist, from the day they were added; daily candles go back to 2021.

GBGLOBAL · GBGLOBAL · daily candles

271 candles on file from 6 Jan 2020 as of the close of 31 May 2021 last close ₹9.30 judged 10 candles after each hit the outlook for the coming hours and days →

The candles, with the hits marked

last 160 of 271 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named
10.334.429.30 last29 Jul 202022 Jan 202131 May 202129 Jul 2020 O 4.65 H 4.70 L 4.40 C 4.6530 Jul 2020 O 4.65 H 4.65 L 4.55 C 4.6531 Jul 2020 O 4.60 H 4.85 L 4.45 C 4.853 Aug 2020 O 5.05 H 5.05 L 4.65 C 4.654 Aug 2020 O 4.65 H 4.85 L 4.50 C 4.805 Aug 2020 O 4.75 H 4.80 L 4.60 C 4.606 Aug 2020 O 4.55 H 4.80 L 4.50 C 4.807 Aug 2020 O 4.80 H 4.95 L 4.60 C 4.9010 Aug 2020 O 4.90 H 5.10 L 4.75 C 4.9011 Aug 2020 O 4.70 H 5.10 L 4.70 C 5.1012 Aug 2020 O 5.10 H 5.35 L 5.10 C 5.3513 Aug 2020 O 5.55 H 5.60 L 5.10 C 5.5514 Aug 2020 O 5.80 H 5.80 L 5.60 C 5.8017 Aug 2020 O 5.80 H 6.05 L 5.55 C 6.0018 Aug 2020 O 6.30 H 6.30 L 5.70 C 6.2519 Aug 2020 O 6.55 H 6.55 L 6.25 C 6.5520 Aug 2020 O 6.85 H 6.85 L 6.25 C 6.8521 Aug 2020 O 7.15 H 7.15 L 7.15 C 7.1524 Aug 2020 O 7.50 H 7.50 L 7.50 C 7.5025 Aug 2020 O 7.85 H 7.85 L 7.85 C 7.8526 Aug 2020 O 7.85 H 8.20 L 7.85 C 8.2027 Aug 2020 O 8.60 H 8.60 L 8.60 C 8.6028 Aug 2020 O 9.00 H 9.00 L 9.00 C 9.0031 Aug 2020 O 9.40 H 9.45 L 8.90 C 9.2014 Sep 2020 O 8.75 H 8.75 L 8.75 C 8.7521 Sep 2020 O 8.35 H 8.35 L 8.35 C 8.3513 Oct 2020 O 7.60 H 7.60 L 7.60 C 7.6027 Oct 2020 O 7.25 H 7.25 L 7.25 C 7.2528 Oct 2020 O 6.90 H 6.90 L 6.90 C 6.909 Nov 2020 O 6.60 H 6.60 L 6.60 C 6.6010 Nov 2020 O 6.90 H 6.90 L 6.30 C 6.3012 Nov 2020 O 6.00 H 6.00 L 6.00 C 6.0013 Nov 2020 O 5.70 H 5.70 L 5.70 C 5.7014 Nov 2020 O 5.70 H 5.70 L 5.70 C 5.7017 Nov 2020 O 5.70 H 5.95 L 5.45 C 5.6018 Nov 2020 O 5.85 H 5.85 L 5.35 C 5.3519 Nov 2020 O 5.15 H 5.60 L 5.10 C 5.2020 Nov 2020 O 5.05 H 5.45 L 4.95 C 5.3523 Nov 2020 O 5.60 H 5.60 L 5.10 C 5.2024 Nov 2020 O 5.20 H 5.45 L 5.00 C 5.1025 Nov 2020 O 5.10 H 5.15 L 5.10 C 5.1526 Nov 2020 O 5.15 H 5.15 L 4.90 C 4.9527 Nov 2020 O 5.15 H 5.15 L 5.15 C 5.151 Dec 2020 O 5.15 H 5.40 L 5.15 C 5.302 Dec 2020 O 5.35 H 5.55 L 5.30 C 5.553 Dec 2020 O 5.80 H 5.80 L 5.70 C 5.804 Dec 2020 O 6.00 H 6.05 L 5.55 C 5.607 Dec 2020 O 5.60 H 5.85 L 5.40 C 5.858 Dec 2020 O 5.95 H 6.10 L 5.95 C 6.109 Dec 2020 O 6.10 H 6.40 L 6.10 C 6.4010 Dec 2020 O 6.50 H 6.70 L 6.20 C 6.7011 Dec 2020 O 6.40 H 7.00 L 6.40 C 7.0014 Dec 2020 O 7.00 H 7.35 L 6.65 C 6.7015 Dec 2020 O 6.70 H 7.00 L 6.70 C 7.0016 Dec 2020 O 7.15 H 7.15 L 6.65 C 7.0017 Dec 2020 O 7.25 H 7.30 L 6.65 C 7.0518 Dec 2020 O 7.40 H 7.40 L 7.40 C 7.4021 Dec 2020 O 7.50 H 7.75 L 7.50 C 7.5022 Dec 2020 O 7.50 H 7.50 L 7.15 C 7.5023 Dec 2020 O 7.85 H 7.85 L 7.50 C 7.7524 Dec 2020 O 7.75 H 7.75 L 7.40 C 7.4528 Dec 2020 O 7.10 H 7.70 L 7.10 C 7.3029 Dec 2020 O 7.65 H 7.65 L 6.95 C 7.5030 Dec 2020 O 7.85 H 7.85 L 7.15 C 7.8531 Dec 2020 O 8.00 H 8.00 L 7.50 C 7.501 Jan 2021 O 7.85 H 7.85 L 7.40 C 7.854 Jan 2021 O 8.00 H 8.10 L 7.50 C 8.055 Jan 2021 O 8.10 H 8.30 L 7.70 C 8.156 Jan 2021 O 8.05 H 8.10 L 7.90 C 7.907 Jan 2021 O 7.90 H 8.25 L 7.55 C 8.258 Jan 2021 O 8.25 H 8.25 L 7.85 C 8.2011 Jan 2021 O 7.85 H 8.25 L 7.85 C 8.2512 Jan 2021 O 7.85 H 8.20 L 7.85 C 8.0513 Jan 2021 O 8.05 H 8.10 L 7.65 C 7.6514 Jan 2021 O 7.30 H 7.30 L 7.30 C 7.3015 Jan 2021 O 6.95 H 7.65 L 6.95 C 7.0518 Jan 2021 O 6.95 H 6.95 L 6.95 C 6.9519 Jan 2021 O 6.95 H 7.25 L 6.95 C 6.9520 Jan 2021 O 6.95 H 7.25 L 6.70 C 6.7021 Jan 2021 O 6.70 H 7.00 L 6.70 C 6.7022 Jan 2021 O 6.80 H 7.00 L 6.40 C 7.0025 Jan 2021 O 6.70 H 7.35 L 6.70 C 7.0027 Jan 2021 O 7.00 H 7.30 L 6.65 C 7.2028 Jan 2021 O 6.85 H 7.55 L 6.85 C 7.5029 Jan 2021 O 7.15 H 7.50 L 7.15 C 7.151 Feb 2021 O 7.20 H 7.20 L 6.85 C 6.902 Feb 2021 O 6.70 H 7.20 L 6.70 C 7.003 Feb 2021 O 6.70 H 7.35 L 6.70 C 7.204 Feb 2021 O 7.00 H 7.55 L 6.85 C 7.005 Feb 2021 O 6.70 H 7.35 L 6.70 C 7.358 Feb 2021 O 7.70 H 7.70 L 7.05 C 7.459 Feb 2021 O 7.10 H 7.45 L 7.10 C 7.3010 Feb 2021 O 7.60 H 7.60 L 7.00 C 7.0511 Feb 2021 O 7.00 H 7.20 L 6.70 C 7.2012 Feb 2021 O 6.90 H 7.50 L 6.85 C 7.1515 Feb 2021 O 7.50 H 7.50 L 7.00 C 7.0016 Feb 2021 O 7.30 H 7.30 L 6.80 C 7.0017 Feb 2021 O 7.30 H 7.30 L 6.75 C 7.0518 Feb 2021 O 6.75 H 7.15 L 6.70 C 6.7519 Feb 2021 O 6.95 H 6.95 L 6.70 C 6.9022 Feb 2021 O 6.90 H 7.20 L 6.65 C 6.7023 Feb 2021 O 6.70 H 6.95 L 6.50 C 6.5524 Feb 2021 O 6.55 H 6.85 L 6.55 C 6.8525 Feb 2021 O 6.85 H 7.05 L 6.60 C 7.0526 Feb 2021 O 6.70 H 7.05 L 6.70 C 6.751 Mar 2021 O 6.95 H 7.05 L 6.45 C 6.952 Mar 2021 O 6.80 H 7.00 L 6.80 C 7.003 Mar 2021 O 6.75 H 7.35 L 6.75 C 7.254 Mar 2021 O 7.60 H 7.60 L 6.90 C 6.905 Mar 2021 O 6.90 H 7.20 L 6.65 C 7.208 Mar 2021 O 7.20 H 7.20 L 6.90 C 7.059 Mar 2021 O 7.40 H 7.40 L 6.75 C 7.2510 Mar 2021 O 7.30 H 7.30 L 6.90 C 6.9512 Mar 2021 O 6.95 H 7.25 L 6.70 C 7.2015 Mar 2021 O 7.50 H 7.50 L 7.00 C 7.2016 Mar 2021 O 7.50 H 7.55 L 7.05 C 7.3017 Mar 2021 O 7.45 H 7.60 L 7.05 C 7.6018 Mar 2021 O 7.95 H 7.95 L 7.25 C 7.2519 Mar 2021 O 7.25 H 7.50 L 7.25 C 7.2522 Mar 2021 O 7.25 H 7.60 L 6.95 C 7.4523 Mar 2021 O 7.20 H 7.75 L 7.10 C 7.1524 Mar 2021 O 7.15 H 7.30 L 6.85 C 7.0025 Mar 2021 O 6.85 H 7.35 L 6.85 C 7.3526 Mar 2021 O 7.65 H 7.65 L 7.00 C 7.3530 Mar 2021 O 7.70 H 7.70 L 7.00 C 7.0531 Mar 2021 O 6.90 H 7.40 L 6.90 C 7.301 Apr 2021 O 7.65 H 7.65 L 7.10 C 7.455 Apr 2021 O 7.65 H 7.65 L 7.10 C 7.106 Apr 2021 O 7.10 H 7.45 L 7.00 C 7.457 Apr 2021 O 7.15 H 7.75 L 7.10 C 7.108 Apr 2021 O 7.45 H 7.45 L 7.00 C 7.059 Apr 2021 O 7.00 H 7.40 L 6.75 C 6.8012 Apr 2021 O 6.80 H 6.80 L 6.50 C 6.5013 Apr 2021 O 6.60 H 6.60 L 6.60 C 6.6015 Apr 2021 O 6.60 H 6.90 L 6.55 C 6.9016 Apr 2021 O 6.60 H 7.20 L 6.60 C 7.1519 Apr 2021 O 7.15 H 7.50 L 6.80 C 7.2520 Apr 2021 O 6.90 H 7.50 L 6.90 C 6.9022 Apr 2021 O 6.60 H 7.20 L 6.60 C 6.9023 Apr 2021 O 6.60 H 7.10 L 6.60 C 7.0026 Apr 2021 O 7.05 H 7.10 L 6.65 C 7.0527 Apr 2021 O 6.95 H 7.40 L 6.70 C 6.8528 Apr 2021 O 7.15 H 7.15 L 6.60 C 7.1029 Apr 2021 O 7.45 H 7.45 L 6.75 C 6.8530 Apr 2021 O 6.85 H 7.15 L 6.85 C 6.903 May 2021 O 6.85 H 7.15 L 6.75 C 6.804 May 2021 O 7.10 H 7.10 L 6.65 C 7.005 May 2021 O 7.30 H 7.30 L 6.80 C 6.906 May 2021 O 7.15 H 7.15 L 6.85 C 6.907 May 2021 O 6.65 H 7.20 L 6.60 C 7.1010 May 2021 O 7.00 H 7.35 L 7.00 C 7.1511 May 2021 O 7.45 H 7.50 L 6.80 C 7.5012 May 2021 O 7.85 H 7.85 L 7.70 C 7.8514 May 2021 O 7.50 H 8.20 L 7.50 C 8.2017 May 2021 O 8.60 H 8.60 L 8.60 C 8.6018 May 2021 O 9.00 H 9.00 L 9.00 C 9.0019 May 2021 O 9.45 H 9.45 L 9.45 C 9.4520 May 2021 O 9.90 H 9.90 L 9.90 C 9.9021 May 2021 O 10.35 H 10.35 L 9.50 C 9.7531 May 2021 O 9.75 H 10.20 L 9.30 C 9.30Mon 31 May 2021Fri 21 May 2021Mon 10 May 2021

In progress now Volume spike · Indicator-based · reading down

23 hits in 271 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Mon 31 May 2021

Volume spike completed on the candle that closed at Mon 31 May 2021, a down reading. That is the newest candle on file, so this is in progress now.

What the candles did

Volume 5.3× the average of the previous 20 candles (39,419 vs 7,483), on a down candle.

What this pattern is taken to mean

One candle traded many times the recent average volume. Read as attention arriving; the candle's colour says which way it leaned.

What followed on this name's own record

After 19 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 9 times of 19 (47%). Median move in the hit's direction -2.30%; best +33.33%, worst -40.00%. Within the window the move typically reached +8.41% in the hit's favour and -8.05% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · times = 3, candles = 20
  1. Average the volume of the previous M candles (those that reported one).
  2. The pattern completes when this candle's volume ≥ times × that average.
  3. Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.
The last 12 hits on this name
  • Mon 31 May 2021 down Volume 5.3× the average of the previous 20 candles (39,419 vs 7,483), on a down candle.
  • Wed 12 May 2021 neutral Volume 3.7× the average of the previous 20 candles (19,418 vs 5,278), on a flat candle.
  • Tue 11 May 2021 up Volume 4.0× the average of the previous 20 candles (18,949 vs 4,716), on an up candle.
  • Mon 10 May 2021 up Volume 3.5× the average of the previous 20 candles (14,572 vs 4,124), on an up candle.
  • Wed 28 Apr 2021 down Volume 3.7× the average of the previous 20 candles (11,674 vs 3,142), on a down candle.
  • Tue 27 Apr 2021 down Volume 4.3× the average of the previous 20 candles (11,667 vs 2,701), on a down candle.
  • Mon 22 Mar 2021 up Volume 4.9× the average of the previous 20 candles (17,022 vs 3,505), on an up candle.
  • Mon 28 Dec 2020 up Volume 3.8× the average of the previous 20 candles (15,417 vs 4,043), on an up candle.
  • Fri 04 Dec 2020 down Volume 3.0× the average of the previous 20 candles (8,040 vs 2,670), on a down candle.
  • Thu 19 Nov 2020 up Volume 3.0× the average of the previous 20 candles (7,678 vs 2,550), on an up candle.
  • Wed 18 Nov 2020 down Volume 3.9× the average of the previous 20 candles (9,160 vs 2,355), on a down candle.
  • Tue 17 Nov 2020 down Volume 3.8× the average of the previous 20 candles (8,760 vs 2,299), on a down candle.

Just hit Gap at the open · Runs, breaks and structure · reading up

176 hits in 271 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Fri 21 May 2021

Gap at the open completed on the daily candle of Fri 21 May 2021, an up reading, 1 session before the latest one (which closed at Mon 31 May 2021 at 9.30). Since the hit the close has moved -4.62%.

What the candles did

Opened at 10.35, +4.55% above the previous close of 9.90.

What this pattern is taken to mean

The session opened at least X% away from the previous close. Read as news or flow arriving overnight.

What followed on this name's own record

After 167 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 106 times of 167 (64%). Median move in the hit's direction +4.26%; best +57.84%, worst -53.92%. Within the window the move typically reached +10.67% in the hit's favour and -5.38% against it.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · pct = 1
  1. At the first candle of each session, compare its open with the last close of the previous session.
  2. Gap % = open / previous close − 1.
  3. The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
  4. On daily candles this is simply open vs the previous day's close.
The last 12 hits on this name
  • Fri 21 May 2021 up Opened at 10.35, +4.55% above the previous close of 9.90.
  • Thu 20 May 2021 up Opened at 9.90, +4.76% above the previous close of 9.45.
  • Wed 19 May 2021 up Opened at 9.45, +5.00% above the previous close of 9.00.
  • Tue 18 May 2021 up Opened at 9.00, +4.65% above the previous close of 8.60.
  • Mon 17 May 2021 up Opened at 8.60, +4.88% above the previous close of 8.20.
  • Fri 14 May 2021 down Opened at 7.50, -4.46% below the previous close of 7.85.
  • Wed 12 May 2021 up Opened at 7.85, +4.67% above the previous close of 7.50.
  • Tue 11 May 2021 up Opened at 7.45, +4.20% above the previous close of 7.15.
  • Mon 10 May 2021 down Opened at 7.00, -1.41% below the previous close of 7.10.
  • Fri 07 May 2021 down Opened at 6.65, -3.62% below the previous close of 6.90.
  • Thu 06 May 2021 up Opened at 7.15, +3.62% above the previous close of 6.90.
  • Wed 05 May 2021 up Opened at 7.30, +4.29% above the previous close of 7.00.

Just hit Move of X% within M candles · Runs, breaks and structure · reading up

58 hits in 271 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Fri 21 May 2021

Move of X% within M candles completed on the daily candle of Mon 10 May 2021, an up reading, 1 session before the latest one (which closed at Mon 31 May 2021 at 9.30). It held for 9 sessions, through Fri 21 May 2021. Since the hit the close has moved -4.62%.

What the candles did

+3.62% in the last 3 candles, 6.90 to 7.15.

What this pattern is taken to mean

A fast move: the close is at least X% away from where it was M candles ago. Read as a burst of one-sided flow.

What followed on this name's own record

After 57 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 25 times of 57 (44%). Median move in the hit's direction -0.00%; best +53.95%, worst -53.42%. Within the window the move typically reached +5.73% in the hit's favour and -7.69% against it. On this name it has more often gone the other way.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · pct = 2, candles = 3
  1. For each candle, take the close M candles earlier.
  2. Move % = close now / close then − 1.
  3. The pattern completes when |move %| ≥ pct; direction is the sign.
  4. Consecutive candles that all qualify in the same direction count once, at the first of them.
The last 12 hits on this name
  • Mon 10 May 2021 up +3.62% in the last 3 candles, 6.90 to 7.15.
  • Tue 04 May 2021 up +2.19% in the last 3 candles, 6.85 to 7.00.
  • Mon 03 May 2021 down -4.23% in the last 3 candles, 7.10 to 6.80.
  • Thu 29 Apr 2021 down -2.84% in the last 3 candles, 7.05 to 6.85.
  • Mon 26 Apr 2021 up +2.17% in the last 3 candles, 6.90 to 7.05.
  • Thu 22 Apr 2021 down -3.50% in the last 3 candles, 7.15 to 6.90.
  • Fri 16 Apr 2021 up +10.00% in the last 3 candles, 6.50 to 7.15.
  • Fri 09 Apr 2021 down -8.72% in the last 3 candles, 7.45 to 6.80.
  • Wed 07 Apr 2021 down -4.70% in the last 3 candles, 7.45 to 7.10.
  • Tue 06 Apr 2021 up +2.05% in the last 3 candles, 7.30 to 7.45.
  • Fri 26 Mar 2021 up +2.80% in the last 3 candles, 7.15 to 7.35.
  • Wed 24 Mar 2021 down -3.45% in the last 3 candles, 7.25 to 7.00.

Quiet Marubozu · Single-candle shapes · reading up

53 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Fri 14 May 2021

The most recent hit of Marubozu on the daily candles completed at Fri 14 May 2021, 6 sessions ago, an up reading. It is not in progress now. Since then the close has moved +13.41% to 9.30.

What the candles did

Body 0.70 is 100% of the range: opened near the low and closed near the high (7.50→8.20).

What this pattern is taken to mean

Almost no wicks: the candle opened at one end of its range and closed at the other. Read as one side in control for the whole candle.

What followed on this name's own record

After 52 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 29 times of 52 (56%). Median move in the hit's direction +2.10%; best +53.95%, worst -33.82%. Within the window the move typically reached +8.83% in the hit's favour and -7.09% against it.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · body_pct = 90
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≥ body_pct of the range.
  3. Direction is the candle's colour.
The last 12 hits on this name
  • Fri 14 May 2021 up Body 0.70 is 100% of the range: opened near the low and closed near the high (7.50→8.20).
  • Fri 16 Apr 2021 up Body 0.55 is 92% of the range: opened near the low and closed near the high (6.60→7.15).
  • Mon 12 Apr 2021 down Body 0.30 is 100% of the range: opened near the high and closed near the low (6.80→6.50).
  • Mon 05 Apr 2021 down Body 0.55 is 100% of the range: opened near the high and closed near the low (7.65→7.10).
  • Tue 30 Mar 2021 down Body 0.65 is 93% of the range: opened near the high and closed near the low (7.70→7.05).
  • Thu 25 Mar 2021 up Body 0.50 is 100% of the range: opened near the low and closed near the high (6.85→7.35).
  • Thu 18 Mar 2021 down Body 0.70 is 100% of the range: opened near the high and closed near the low (7.95→7.25).
  • Thu 04 Mar 2021 down Body 0.70 is 100% of the range: opened near the high and closed near the low (7.60→6.90).
  • Tue 02 Mar 2021 up Body 0.20 is 100% of the range: opened near the low and closed near the high (6.80→7.00).
  • Wed 24 Feb 2021 up Body 0.30 is 100% of the range: opened near the low and closed near the high (6.55→6.85).
  • Mon 15 Feb 2021 down Body 0.50 is 100% of the range: opened near the high and closed near the low (7.50→7.00).
  • Wed 10 Feb 2021 down Body 0.55 is 92% of the range: opened near the high and closed near the low (7.60→7.05).

Quiet Doji · Single-candle shapes · reading neutral

37 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Wed 12 May 2021

The most recent hit of Doji on the daily candles completed at Wed 12 May 2021, 7 sessions ago, a neutral reading. It is not in progress now. Since then the close has moved +18.47% to 9.30.

What the candles did

Body 0.00 is 0% of the 0.15 range: open 7.85, close 7.85, high 7.85, low 7.70.

What this pattern is taken to mean

Open and close almost equal: the candle ranged but ended where it began. Read as indecision.

What followed on this name's own record

After 35 earlier hits on this name's daily candles, the close 10 sessions later was higher 23 times of 35 (66%). Median move +5.04%; best +55.17%, worst -23.47%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · body_pct = 10
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≤ body_pct of the range.
The last 12 hits on this name
  • Wed 12 May 2021 neutral Body 0.00 is 0% of the 0.15 range: open 7.85, close 7.85, high 7.85, low 7.70.
  • Tue 11 May 2021 neutral Body 0.05 is 7% of the 0.70 range: open 7.45, close 7.50, high 7.50, low 6.80.
  • Wed 28 Apr 2021 neutral Body 0.05 is 9% of the 0.55 range: open 7.15, close 7.10, high 7.15, low 6.60.
  • Mon 26 Apr 2021 neutral Body 0.00 is 0% of the 0.45 range: open 7.05, close 7.05, high 7.10, low 6.65.
  • Tue 20 Apr 2021 neutral Body 0.00 is 0% of the 0.60 range: open 6.90, close 6.90, high 7.50, low 6.90.
  • Wed 07 Apr 2021 neutral Body 0.05 is 8% of the 0.65 range: open 7.15, close 7.10, high 7.75, low 7.10.
  • Tue 23 Mar 2021 neutral Body 0.05 is 8% of the 0.65 range: open 7.20, close 7.15, high 7.75, low 7.10.
  • Fri 19 Mar 2021 neutral Body 0.00 is 0% of the 0.25 range: open 7.25, close 7.25, high 7.50, low 7.25.
  • Mon 01 Mar 2021 neutral Body 0.00 is 0% of the 0.60 range: open 6.95, close 6.95, high 7.05, low 6.45.
  • Thu 18 Feb 2021 neutral Body 0.00 is 0% of the 0.45 range: open 6.75, close 6.75, high 7.15, low 6.70.
  • Thu 04 Feb 2021 neutral Body 0.00 is 0% of the 0.70 range: open 7.00, close 7.00, high 7.55, low 6.85.
  • Fri 29 Jan 2021 neutral Body 0.00 is 0% of the 0.35 range: open 7.15, close 7.15, high 7.50, low 7.15.

Quiet Inside bar, then a breakout · Runs, breaks and structure · reading up

16 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Thu 15 Apr 2021

The most recent hit of Inside bar, then a breakout on the daily candles completed at Thu 15 Apr 2021, 25 sessions ago, an up reading. It is not in progress now. Since then the close has moved +34.78% to 9.30.

What the candles did

An inside candle (6.60–6.60) within the one before it (6.50–6.80), then a close at 6.90 above that range.

What this pattern is taken to mean

A candle whose whole range sat inside the one before it (a pause), then a close outside the mother candle's range. Read as a pause resolving.

What followed on this name's own record

After 16 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 8 times of 16 (50%). Median move in the hit's direction +0.45%; best +32.08%, worst -41.41%. Within the window the move typically reached +9.66% in the hit's favour and -6.27% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked
  1. Take three consecutive candles: mother, inside, break.
  2. Inside: its high ≤ mother high and its low ≥ mother low.
  3. The pattern completes when the third candle closes above the mother high (up) or below the mother low (down).
The last 12 hits on this name
  • Thu 15 Apr 2021 up An inside candle (6.60–6.60) within the one before it (6.50–6.80), then a close at 6.90 above that range.
  • Tue 09 Mar 2021 up An inside candle (6.90–7.20) within the one before it (6.65–7.20), then a close at 7.25 above that range.
  • Wed 03 Mar 2021 up An inside candle (6.80–7.00) within the one before it (6.45–7.05), then a close at 7.25 above that range.
  • Thu 25 Feb 2021 up An inside candle (6.55–6.85) within the one before it (6.50–6.95), then a close at 7.05 above that range.
  • Wed 13 Jan 2021 down An inside candle (7.85–8.20) within the one before it (7.85–8.25), then a close at 7.65 below that range.
  • Tue 01 Dec 2020 up An inside candle (5.15–5.15) within the one before it (4.90–5.15), then a close at 5.30 above that range.
  • Thu 26 Nov 2020 down An inside candle (5.10–5.15) within the one before it (5.00–5.45), then a close at 4.95 below that range.
  • Tue 17 Nov 2020 down An inside candle (5.70–5.70) within the one before it (5.70–5.70), then a close at 5.60 below that range.
  • Fri 31 Jul 2020 up An inside candle (4.55–4.65) within the one before it (4.40–4.70), then a close at 4.85 above that range.
  • Thu 23 Jul 2020 down An inside candle (4.75–5.00) within the one before it (4.75–5.00), then a close at 4.65 below that range.
  • Thu 25 Jun 2020 up An inside candle (4.90–4.95) within the one before it (4.75–5.00), then a close at 5.15 above that range.
  • Fri 22 May 2020 up An inside candle (5.35–5.35) within the one before it (5.10–5.35), then a close at 5.60 above that range.

Quiet Moving-average cross · Indicator-based · reading up

15 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Mon 10 May 2021

The most recent hit of Moving-average cross on the daily candles completed at Mon 10 May 2021, 9 sessions ago, an up reading. It is not in progress now. Since then the close has moved +30.07% to 9.30.

What the candles did

The 9-candle average (6.97) crossed above the 21-candle average (6.94).

What this pattern is taken to mean

The faster simple average crossed the slower one. Read as the near-term average price overtaking (or falling behind) the longer one.

What followed on this name's own record

After 14 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 5 times of 14 (36%). Median move in the hit's direction -2.71%; best +55.56%, worst -19.35%. Within the window the move typically reached +7.96% in the hit's favour and -8.48% against it. On this name it has more often gone the other way.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · fast = 9, slow = 21
  1. Compute SMA(fast) and SMA(slow) of the closes.
  2. The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
  3. fast must be smaller than slow, else nothing is reported.
The last 12 hits on this name
  • Mon 10 May 2021 up The 9-candle average (6.97) crossed above the 21-candle average (6.94).
  • Fri 09 Apr 2021 down The 9-candle average (7.18) crossed below the 21-candle average (7.22).
  • Tue 09 Mar 2021 up The 9-candle average (7.04) crossed above the 21-candle average (7.00).
  • Fri 19 Feb 2021 down The 9-candle average (7.04) crossed below the 21-candle average (7.09).
  • Thu 11 Feb 2021 up The 9-candle average (7.16) crossed above the 21-candle average (7.12).
  • Tue 19 Jan 2021 down The 9-candle average (7.63) crossed below the 21-candle average (7.66).
  • Wed 09 Dec 2020 up The 9-candle average (5.63) crossed above the 21-candle average (5.62).
  • Fri 13 Nov 2020 down The 9-candle average (7.05) crossed below the 21-candle average (7.26).
  • Wed 12 Aug 2020 up The 9-candle average (4.88) crossed above the 21-candle average (4.84).
  • Thu 30 Jul 2020 down The 9-candle average (4.76) crossed below the 21-candle average (4.79).
  • Wed 22 Jul 2020 up The 9-candle average (4.89) crossed above the 21-candle average (4.87).
  • Thu 09 Jul 2020 down The 9-candle average (4.78) crossed below the 21-candle average (4.80).

Quiet Higher highs and higher lows · Runs, breaks and structure · reading up

13 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Tue 23 Mar 2021

The most recent hit of Higher highs and higher lows on the daily candles completed at Tue 23 Mar 2021, 39 sessions ago, an up reading. It is not in progress now. Since then the close has moved +30.07% to 9.30.

What the candles did

2 higher highs and higher lows on swings of at least 3%: lows 6.65, 6.70, 6.95; highs 7.40, 7.95.

What this pattern is taken to mean

Uptrend structure: each swing high above the last and each swing low above the last. Read as a trend that is still being confirmed by its pullbacks.

What followed on this name's own record

After 13 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 6 times of 13 (46%). Median move in the hit's direction +0.00%; best +17.31%, worst -36.00%. Within the window the move typically reached +7.69% in the hit's favour and -6.94% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · swings = 2, swing_pct = 3
  1. Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
  4. The pattern completes on the candle where the last pivot in the window was confirmed.
  5. The last swing low is reported as the level the structure stands on.
The last 12 hits on this name
  • Tue 23 Mar 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 6.65, 6.70, 6.95; highs 7.40, 7.95.
  • Wed 03 Feb 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 6.40, 6.65, 6.70; highs 7.35, 7.55.
  • Fri 29 Jan 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 6.40, 6.65; highs 7.00, 7.35, 7.55.
  • Fri 08 Jan 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 6.95, 7.40, 7.55; highs 8.00, 8.30.
  • Wed 06 Jan 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 6.95, 7.40; highs 7.85, 8.00, 8.30.
  • Thu 24 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 6.65, 7.15; highs 7.35, 7.75, 7.85.
  • Wed 23 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 5.40, 6.65, 7.15; highs 7.35, 7.75.
  • Tue 22 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 5.40, 6.65; highs 6.05, 7.35, 7.75.
  • Thu 17 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 4.90, 5.40, 6.65; highs 6.05, 7.35.
  • Tue 15 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 4.90, 5.40; highs 5.15, 6.05, 7.35.
  • Mon 23 Nov 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 4.50, 4.70, 4.95; highs 5.10, 9.45.
  • Mon 14 Sep 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 4.50, 4.70; highs 4.80, 5.10, 9.45.

Quiet Lower highs and lower lows · Runs, breaks and structure · reading down

13 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Wed 31 Mar 2021

The most recent hit of Lower highs and lower lows on the daily candles completed at Wed 31 Mar 2021, 34 sessions ago, a down reading. It is not in progress now. Since then the close has moved +27.40% to 9.30.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 6.95, 6.85; highs 7.95, 7.75, 7.70.

What this pattern is taken to mean

Downtrend structure: each swing high below the last and each swing low below the last.

What followed on this name's own record

After 13 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 1 times of 13 (8%). Median move in the hit's direction -8.79%; best +2.05%, worst -21.62%. Within the window the move typically reached +4.44% in the hit's favour and -12.69% against it. On this name it has more often gone the other way.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · swings = 2, swing_pct = 3
  1. Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high below the previous swing high, and each swing low below the previous swing low.
  4. The pattern completes on the candle where the last pivot was confirmed.
  5. The last swing high is reported as the level the structure hangs from.
The last 12 hits on this name
  • Wed 31 Mar 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 6.95, 6.85; highs 7.95, 7.75, 7.70.
  • Tue 02 Mar 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 6.70, 6.50, 6.45; highs 7.20, 7.05.
  • Fri 26 Feb 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 6.70, 6.50; highs 7.50, 7.20, 7.05.
  • Mon 25 Jan 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 6.95, 6.70, 6.40; highs 7.25, 7.00.
  • Fri 22 Jan 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 6.95, 6.70; highs 8.20, 7.25, 7.00.
  • Thu 21 Jan 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 7.85, 6.95, 6.70; highs 8.20, 7.25.
  • Wed 20 Jan 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 7.85, 6.95; highs 8.25, 8.20, 7.25.
  • Thu 30 Jul 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 4.75, 4.45, 4.40; highs 5.00, 4.95.
  • Tue 28 Jul 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 4.75, 4.45; highs 5.10, 5.00, 4.95.
  • Tue 09 Jun 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.10, 4.15, 4.00; highs 5.60, 4.35.
  • Mon 08 Jun 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.10, 4.15; highs 8.15, 5.60, 4.35.
  • Fri 05 Jun 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 7.60, 5.10, 4.15; highs 8.15, 5.60.

Quiet N consecutive falling candles · Runs, breaks and structure · reading down

6 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Mon 18 Jan 2021

The most recent hit of N consecutive falling candles on the daily candles completed at Mon 18 Jan 2021, 83 sessions ago, a down reading. It is not in progress now. Since then the close has moved +33.81% to 9.30.

What the candles did

5 consecutive falling closes, from 8.25 to 6.95 (-15.76%).

Where it stands on the latest candle

2 falling closes in a row so far (-6.06%); the rule wants 5.

What this pattern is taken to mean

The mirror: every close below the one before it for N candles. Read as sellers in control while it lasts.

What followed on this name's own record

After 6 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 5 times of 6 (83%). Median move in the hit's direction +19.30%; best +33.33%, worst -0.72%. Within the window the move typically reached +20.54% in the hit's favour and -0.58% against it.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: the current streak against N.
The last 6 hits on this name
  • Mon 18 Jan 2021 down 5 consecutive falling closes, from 8.25 to 6.95 (-15.76%).
  • Wed 28 Oct 2020 down 5 consecutive falling closes, from 9.20 to 6.90 (-25.00%).
  • Mon 01 Jun 2020 down 5 consecutive falling closes, from 5.60 to 4.60 (-17.86%).
  • Wed 13 May 2020 down 5 consecutive falling closes, from 8.20 to 6.45 (-21.34%).
  • Wed 11 Mar 2020 down 5 consecutive falling closes, from 5.40 to 4.30 (-20.37%).
  • Tue 11 Feb 2020 down 5 consecutive falling closes, from 8.95 to 7.05 (-21.23%).

Quiet Trend line: slope, length, strength · Trend and waves · reading up

6 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Wed 16 Dec 2020

The most recent hit of Trend line: slope, length, strength on the daily candles completed at Wed 16 Dec 2020, 87 sessions ago, an up reading. It held for 19 sessions, through Tue 12 Jan 2021. It is not in progress now. Since then the close has moved +15.53% to 9.30.

What the candles did

Over the last 20 candles the fitted line rises 1.90% per candle with R² 0.82; 13 candles since the low of the window, +41.41% from it, and the last close is still with the line.

Where it stands on the latest candle

Slope +2.14% per candle (up), R² 0.79 (choppy), 14 candles from the window's low, +36.76% from it; the last close is off the line.

What this pattern is taken to mean

The straight-line fit through the last N closes: how steep, how long, how clean. This is the slope/length/strength reading (R6) and a version of the 20-candle rule that fires on a clean run even when one close in the middle dipped.

What followed on this name's own record

After 6 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 4 times of 6 (67%). Median move in the hit's direction +1.98%; best +33.33%, worst -17.31%. Within the window the move typically reached +15.91% in the hit's favour and -3.53% against it.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 20, min_slope_pct = 0.25, min_r2 = 0.8
  1. Fit a least-squares line through the last N closes (x = candle index).
  2. Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
  3. Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
  4. Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
  5. The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
  6. Progress always reports the current slope, R², length, magnitude and whether it is continuing.
The last 6 hits on this name
  • Wed 16 Dec 2020 up Over the last 20 candles the fitted line rises 1.90% per candle with R² 0.82; 13 candles since the low of the window, +41.41% from it, and the last close is still with the line.
  • Mon 23 Nov 2020 down Over the last 20 candles the fitted line falls 3.19% per candle with R² 0.86; 15 candles since the high of the window, -43.48% from it, but the last close has slipped from the line.
  • Fri 21 Aug 2020 up Over the last 20 candles the fitted line rises 2.35% per candle with R² 0.82; 18 candles since the low of the window, +55.43% from it, and the last close is still with the line.
  • Thu 28 May 2020 down Over the last 20 candles the fitted line falls 2.84% per candle with R² 0.88; 15 candles since the high of the window, -40.85% from it, and the last close is still with the line.
  • Wed 22 Apr 2020 up Over the last 20 candles the fitted line rises 2.57% per candle with R² 0.81; 11 candles since the low of the window, +60.27% from it, and the last close is still with the line.
  • Fri 13 Mar 2020 down Over the last 20 candles the fitted line falls 4.22% per candle with R² 0.98; 19 candles since the high of the window, -56.42% from it, and the last close is still with the line.

Quiet Shooting star · Single-candle shapes · reading down

6 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Wed 07 Apr 2021

The most recent hit of Shooting star on the daily candles completed at Wed 07 Apr 2021, 30 sessions ago, a down reading. It is not in progress now. Since then the close has moved +30.99% to 9.30.

What the candles did

Upper wick 0.60 is 12.0× the body, the lower wick is 0% of the range, after +5.67% over the 5 candles before; high 7.75, close 7.10.

What this pattern is taken to mean

A long upper wick and a small body near the bottom, after a rise: the candle went well above and was pushed back down. Read as a high being rejected.

What followed on this name's own record

After 6 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 4 times of 6 (67%). Median move in the hit's direction +1.40%; best +4.17%, worst -13.01%. Within the window the move typically reached +6.56% in the hit's favour and -7.01% against it.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_times = 2, other_wick_pct = 15, context = 5
  1. Upper wick ≥ wick_times × body.
  2. Lower wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is positive (set 0 to skip).
  4. The wick's high is reported as the level rejected.
The last 6 hits on this name
  • Wed 07 Apr 2021 down Upper wick 0.60 is 12.0× the body, the lower wick is 0% of the range, after +5.67% over the 5 candles before; high 7.75, close 7.10.
  • Tue 23 Mar 2021 down Upper wick 0.55 is 11.0× the body, the lower wick is 8% of the range, after +2.05% over the 5 candles before; high 7.75, close 7.15.
  • Fri 26 Feb 2021 down Upper wick 0.30 is 6.0× the body, the lower wick is 0% of the range, after +2.17% over the 5 candles before; high 7.05, close 6.75.
  • Mon 28 Dec 2020 down Upper wick 0.40 is 2.0× the body, the lower wick is 0% of the range, after +0.68% over the 5 candles before; high 7.70, close 7.30.
  • Wed 22 Jul 2020 down Upper wick 0.20 is 4.0× the body, the lower wick is 0% of the range, after +3.09% over the 5 candles before; high 5.00, close 4.80.
  • Mon 29 Jun 2020 down Upper wick 0.35 is 3.5× the body, the lower wick is 0% of the range, after +4.00% over the 5 candles before; high 5.40, close 5.05.

Quiet RSI into overbought / oversold · Indicator-based · reading down

5 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Mon 17 May 2021

The most recent hit of RSI into overbought / oversold on the daily candles completed at Mon 17 May 2021, 5 sessions ago, a down reading. It is not in progress now. Since then the close has moved +8.14% to 9.30.

What the candles did

RSI(14) rose to 74, into the overbought zone above 70.

What this pattern is taken to mean

Wilder's RSI crossed into the overbought zone (reported as a 'down' observation: stretched) or the oversold zone ('up': washed out).

What followed on this name's own record

Only 4 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 1 of 4 times, median move +14.29%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 14, high = 70, low = 30
  1. Compute RSI(n) from the closes (Wilder smoothing).
  2. The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
  3. Only the crossing candle is a hit, not every candle spent inside the zone.
The last 5 hits on this name
  • Mon 17 May 2021 down RSI(14) rose to 74, into the overbought zone above 70.
  • Wed 23 Dec 2020 down RSI(14) rose to 72, into the overbought zone above 70.
  • Fri 14 Aug 2020 down RSI(14) rose to 71, into the overbought zone above 70.
  • Wed 03 Jun 2020 up RSI(14) fell to 30, into the oversold zone below 30.
  • Thu 23 Apr 2020 down RSI(14) rose to 72, into the overbought zone above 70.

Quiet Bollinger squeeze, then a break · Indicator-based · reading down

5 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Fri 09 Apr 2021

The most recent hit of Bollinger squeeze, then a break on the daily candles completed at Fri 09 Apr 2021, 28 sessions ago, a down reading. It is not in progress now. Since then the close has moved +36.76% to 9.30.

What the candles did

Closed at 6.80, below the lower band (6.83) after the bands had narrowed to their tightest in 60 candles.

What this pattern is taken to mean

The bands had narrowed to their tightest in a while, then the close left them. Read as a quiet stretch ending.

What followed on this name's own record

After 5 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 1 times of 5 (20%). Median move in the hit's direction -1.97%; best +53.27%, worst -10.69%. Within the window the move typically reached +4.48% in the hit's favour and -10.29% against it. On this name it has more often gone the other way.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 20, k = 2, squeeze = 60
  1. Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
  2. Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
  3. The pattern completes on a candle that closes above the upper band having been at or below it the candle before (up), or the mirror below the lower band (down), while squeezed.
The last 5 hits on this name
  • Fri 09 Apr 2021 down Closed at 6.80, below the lower band (6.83) after the bands had narrowed to their tightest in 60 candles.
  • Wed 17 Mar 2021 up Closed at 7.60, above the upper band (7.50) after the bands had narrowed to their tightest in 60 candles.
  • Tue 23 Feb 2021 down Closed at 6.55, below the lower band (6.60) after the bands had narrowed to their tightest in 60 candles.
  • Wed 20 Jan 2021 down Closed at 6.70, below the lower band (6.70) after the bands had narrowed to their tightest in 60 candles.
  • Wed 12 Aug 2020 up Closed at 5.35, above the upper band (5.21) after the bands had narrowed to their tightest in 60 candles.

Quiet Bearish engulfing · Multi-candle shapes · reading down

5 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Thu 18 Mar 2021

The most recent hit of Bearish engulfing on the daily candles completed at Thu 18 Mar 2021, 42 sessions ago, a down reading. It is not in progress now. Since then the close has moved +28.28% to 9.30.

What the candles did

An up candle (7.45→7.60) followed by a down candle (7.95→7.25) whose body covers it, after +0.69% over the 5 candles before.

What this pattern is taken to mean

An up candle followed by a down candle whose body covers it, after a rise.

What followed on this name's own record

After 5 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 3 times of 5 (60%). Median move in the hit's direction +1.96%; best +2.84%, worst -3.23%. Within the window the move typically reached +7.80% in the hit's favour and -6.90% against it.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · context = 5
  1. Take two consecutive candles.
  2. First closes above its open; second closes below its open.
  3. Second's open ≥ first's close and second's close ≤ first's open.
  4. Context: the net move over the `context` candles before the pair is positive (set 0 to skip).
The last 5 hits on this name
  • Thu 18 Mar 2021 down An up candle (7.45→7.60) followed by a down candle (7.95→7.25) whose body covers it, after +0.69% over the 5 candles before.
  • Wed 10 Feb 2021 down An up candle (7.10→7.30) followed by a down candle (7.60→7.05) whose body covers it, after +6.43% over the 5 candles before.
  • Wed 13 Jan 2021 down An up candle (7.85→8.05) followed by a down candle (8.05→7.65) whose body covers it, after +1.23% over the 5 candles before.
  • Thu 23 Jul 2020 down An up candle (4.75→4.80) followed by a down candle (5.00→4.65) whose body covers it, after +3.09% over the 5 candles before.
  • Tue 30 Jun 2020 down An up candle (4.95→5.05) followed by a down candle (5.05→4.80) whose body covers it, after +4.00% over the 5 candles before.

Quiet Morning star · Multi-candle shapes · reading up

5 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Fri 22 Jan 2021

The most recent hit of Morning star on the daily candles completed at Fri 22 Jan 2021, 79 sessions ago, an up reading. It is not in progress now. Since then the close has moved +32.86% to 9.30.

What the candles did

A long down candle (6.95→6.70), a small-bodied candle, then an up candle closing at 7.00, above the first candle's midpoint 6.83.

What this pattern is taken to mean

A long down candle, a small-bodied candle, then an up candle closing above the midpoint of the first. Read as a decline stalling and turning.

What followed on this name's own record

After 5 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 3 times of 5 (60%). Median move in the hit's direction +2.15%; best +32.08%, worst -22.32%. Within the window the move typically reached +10.00% in the hit's favour and -5.00% against it.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · small_pct = 30
  1. Take three consecutive candles.
  2. First: a down candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: an up candle closing above the midpoint of the first candle's body.
The last 5 hits on this name
  • Fri 22 Jan 2021 up A long down candle (6.95→6.70), a small-bodied candle, then an up candle closing at 7.00, above the first candle's midpoint 6.83.
  • Mon 04 Jan 2021 up A long down candle (8.00→7.50), a small-bodied candle, then an up candle closing at 8.05, above the first candle's midpoint 7.75.
  • Tue 01 Dec 2020 up A long down candle (5.15→4.95), a small-bodied candle, then an up candle closing at 5.30, above the first candle's midpoint 5.05.
  • Thu 18 Jun 2020 up A long down candle (4.75→4.45), a small-bodied candle, then an up candle closing at 4.65, above the first candle's midpoint 4.60.
  • Fri 22 May 2020 up A long down candle (5.35→5.10), a small-bodied candle, then an up candle closing at 5.60, above the first candle's midpoint 5.22.

Quiet N consecutive rising candles · Runs, breaks and structure · reading up

4 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Fri 14 May 2021

The most recent hit of N consecutive rising candles on the daily candles completed at Fri 14 May 2021, 6 sessions ago, an up reading. It is not in progress now. Since then the close has moved +13.41% to 9.30.

What the candles did

5 consecutive rising closes, from 6.90 to 8.20 (+18.84%).

Where it stands on the latest candle

The last close was not rising; no run under way.

What this pattern is taken to mean

A momentum run: every close above the one before it for N candles. The owner's first example. Conventionally read as buyers in control for as long as it lasts.

What followed on this name's own record

Only 3 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 3 of 3 times, median move +53.33%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: how long the current streak is against N, and whether the last close is still rising.
The last 4 hits on this name
  • Fri 14 May 2021 up 5 consecutive rising closes, from 6.90 to 8.20 (+18.84%).
  • Fri 11 Dec 2020 up 5 consecutive rising closes, from 5.60 to 7.00 (+25.00%).
  • Mon 17 Aug 2020 up 5 consecutive rising closes, from 4.90 to 6.00 (+22.45%).
  • Mon 13 Apr 2020 up 5 consecutive rising closes, from 3.65 to 4.50 (+23.29%).

Quiet Hammer · Single-candle shapes · reading up

4 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Tue 04 May 2021

The most recent hit of Hammer on the daily candles completed at Tue 04 May 2021, 13 sessions ago, an up reading. It is not in progress now. Since then the close has moved +32.86% to 9.30.

What the candles did

Lower wick 0.35 is 3.5× the body, the upper wick is 0% of the range, after -0.73% over the 5 candles before; low 6.65, close 7.00.

What this pattern is taken to mean

A long lower wick and a small body near the top, after a decline: the candle went well below and was pulled back up. Read as a low being rejected.

What followed on this name's own record

Only 4 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 4 of 4 times, median move +8.95%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_times = 2, other_wick_pct = 15, context = 5
  1. Lower wick ≥ wick_times × body.
  2. Upper wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is negative (set 0 to skip).
  4. The wick's low is reported as the level rejected.
The last 4 hits on this name
  • Tue 04 May 2021 up Lower wick 0.35 is 3.5× the body, the upper wick is 0% of the range, after -0.73% over the 5 candles before; low 6.65, close 7.00.
  • Wed 28 Apr 2021 up Lower wick 0.50 is 10.0× the body, the upper wick is 0% of the range, after -0.72% over the 5 candles before; low 6.60, close 7.10.
  • Fri 19 Feb 2021 up Lower wick 0.20 is 4.0× the body, the upper wick is 0% of the range, after -5.59% over the 5 candles before; low 6.70, close 6.90.
  • Tue 29 Dec 2020 up Lower wick 0.55 is 3.7× the body, the upper wick is 0% of the range, after -2.67% over the 5 candles before; low 6.95, close 7.50.

Quiet Impulse wave (five swings, Elliott-style) · Trend and waves · reading down

3 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Thu 21 Jan 2021

The most recent hit of Impulse wave (five swings, Elliott-style) on the daily candles completed at Thu 21 Jan 2021, 80 sessions ago, a down reading. It is not in progress now. Since then the close has moved +38.81% to 9.30.

What the candles did

Five swings down: 1 8.25→7.85, 2 back to 8.20 (below where 1 began), 3 to 6.95, 4 back to 7.25 (below the bottom of 1), 5 to 6.70; wave 3 is not the shortest.

Where it stands on the latest candle

Counting up: wave 1 confirmed, wave 2 under way (the current swing has not yet reversed by 4%). Pivots so far 6.60, 10.35, 9.30.

What this pattern is taken to mean

Five alternating swings that obey the three classical impulse rules. A count, not a prophecy: the same swings can be counted more than one way, and this is the plain mechanical reading.

What followed on this name's own record

Only 3 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 1 of 3 times, median move +8.79%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · swing_pct = 4
  1. Find swings with the zigzag at swing_pct.
  2. Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
  3. Rule 1: wave 2 does not retrace past the start of wave 1.
  4. Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
  5. Rule 3: wave 4 does not enter the price territory of wave 1.
  6. Each wave must make progress: 3 beyond 1, 5 beyond 3.
  7. The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.
The last 3 hits on this name
  • Thu 21 Jan 2021 down Five swings down: 1 8.25→7.85, 2 back to 8.20 (below where 1 began), 3 to 6.95, 4 back to 7.25 (below the bottom of 1), 5 to 6.70; wave 3 is not the shortest.
  • Tue 22 Dec 2020 up Five swings up: 1 4.90→6.05, 2 back to 5.40 (above where 1 began), 3 to 7.35, 4 back to 6.65 (above the top of 1), 5 to 7.75; wave 3 is not the shortest.
  • Tue 09 Jun 2020 down Five swings down: 1 8.15→5.10, 2 back to 5.60 (below where 1 began), 3 to 4.15, 4 back to 4.35 (below the bottom of 1), 5 to 4.00; wave 3 is not the shortest.

Quiet Bullish engulfing · Multi-candle shapes · reading up

2 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Thu 25 Mar 2021

The most recent hit of Bullish engulfing on the daily candles completed at Thu 25 Mar 2021, 37 sessions ago, an up reading. It is not in progress now. Since then the close has moved +26.53% to 9.30.

What the candles did

A down candle (7.15→7.00) followed by an up candle (6.85→7.35) whose body covers it, after -5.92% over the 5 candles before.

What this pattern is taken to mean

A down candle followed by an up candle whose body covers it, after a decline. Read as the decline being rejected in one candle.

What followed on this name's own record

Only 2 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 1 of 2 times, median move -5.05%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · context = 5
  1. Take two consecutive candles.
  2. First closes below its open; second closes above its open.
  3. Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
  4. Context: the net move over the `context` candles before the pair is negative (set 0 to skip).
The last 2 hits on this name
  • Thu 25 Mar 2021 up A down candle (7.15→7.00) followed by an up candle (6.85→7.35) whose body covers it, after -5.92% over the 5 candles before.
  • Wed 24 Feb 2021 up A down candle (6.70→6.55) followed by an up candle (6.55→6.85) whose body covers it, after -4.29% over the 5 candles before.

Quiet Evening star · Multi-candle shapes · reading down

2 hits in 271 candles · test this one alone Sign in to be alerted

Last seen Thu 08 Apr 2021

The most recent hit of Evening star on the daily candles completed at Thu 08 Apr 2021, 29 sessions ago, a down reading. It is not in progress now. Since then the close has moved +31.91% to 9.30.

What the candles did

A long up candle (7.10→7.45), a small-bodied candle, then a down candle closing at 7.05, below the first candle's midpoint 7.28.

What this pattern is taken to mean

A long up candle, a small-bodied candle, then a down candle closing below the midpoint of the first.

What followed on this name's own record

Only 2 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 0 of 2 times, median move +0.72%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · small_pct = 30
  1. Take three consecutive candles.
  2. First: an up candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: a down candle closing below the midpoint of the first candle's body.
The last 2 hits on this name
  • Thu 08 Apr 2021 down A long up candle (7.10→7.45), a small-bodied candle, then a down candle closing at 7.05, below the first candle's midpoint 7.28.
  • Mon 01 Feb 2021 down A long up candle (6.85→7.50), a small-bodied candle, then a down candle closing at 6.90, below the first candle's midpoint 7.17.

Quiet Cross of a level you set · Runs, breaks and structure · reading up or down

0 hits in 271 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Cross of a level you set did not complete anywhere in the 271 daily candles stored for this name (from Mon 06 Jan 2020 to Mon 31 May 2021).

What this pattern is taken to mean

The close went through a price you chose. Read however you meant the level.

What followed on this name's own record

No earlier hit on this name's daily candles has a full 10 sessions after it yet, so there is nothing to count.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · level = 0
  1. Take the level you entered.
  2. The pattern completes on a candle whose close is at or above the level while the previous close was below it (up), or at or below it while the previous close was above (down).
  3. Nothing is reported until a level is set.

Quiet Three white soldiers · Multi-candle shapes · reading up

0 hits in 271 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Three white soldiers did not complete anywhere in the 271 daily candles stored for this name (from Mon 06 Jan 2020 to Mon 31 May 2021).

What this pattern is taken to mean

Three up candles in a row, each opening inside the previous body and closing higher, with little upper wick.

What followed on this name's own record

No earlier hit on this name's daily candles has a full 10 sessions after it yet, so there is nothing to count.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_pct = 30
  1. Take three consecutive candles, all closing above their opens.
  2. Each close above the previous close.
  3. Each open inside the previous candle's body.
  4. Each upper wick no more than wick_pct of its body.

Quiet Three black crows · Multi-candle shapes · reading down

0 hits in 271 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Three black crows did not complete anywhere in the 271 daily candles stored for this name (from Mon 06 Jan 2020 to Mon 31 May 2021).

What this pattern is taken to mean

Three down candles in a row, each opening inside the previous body and closing lower, with little lower wick.

What followed on this name's own record

No earlier hit on this name's daily candles has a full 10 sessions after it yet, so there is nothing to count.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_pct = 30
  1. Take three consecutive candles, all closing below their opens.
  2. Each close below the previous close.
  3. Each open inside the previous candle's body.
  4. Each lower wick no more than wick_pct of its body.

The library, rule by rule

What each pattern checks, in the order the code checks it, with the parameters and their defaults for daily candles. The "meaning" is the convention the pattern is named for, stated as a convention; whether it held on a given name is what the test above measures.

Runs, breaks and structure

Rules on closes, highs and lows alone. Plain to state, plain to check.
N consecutive rising candles · reading up · any candleA momentum run: every close above the one before it for N candles. The owner's first example. Conventionally read as buyers in control for as long as it lasts.
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: how long the current streak is against N, and whether the last close is still rising.
n = 5
Consecutive rising closes (N) — The owner's momentum-run example uses 20.

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N consecutive falling candles · reading down · any candleThe mirror: every close below the one before it for N candles. Read as sellers in control while it lasts.
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: the current streak against N.
n = 5
Consecutive falling closes (N)

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Higher highs and higher lows · reading up · any candleUptrend structure: each swing high above the last and each swing low above the last. Read as a trend that is still being confirmed by its pullbacks.
  1. Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
  4. The pattern completes on the candle where the last pivot in the window was confirmed.
  5. The last swing low is reported as the level the structure stands on.
swings = 2
Higher highs / higher lows required
swing_pct = 3
Minimum swing size, % — Smaller on intraday candles.

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Lower highs and lower lows · reading down · any candleDowntrend structure: each swing high below the last and each swing low below the last.
  1. Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high below the previous swing high, and each swing low below the previous swing low.
  4. The pattern completes on the candle where the last pivot was confirmed.
  5. The last swing high is reported as the level the structure hangs from.
swings = 2
Lower highs / lower lows required
swing_pct = 3
Minimum swing size, %

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Gap at the open · reading up or down · any candleThe session opened at least X% away from the previous close. Read as news or flow arriving overnight.
  1. At the first candle of each session, compare its open with the last close of the previous session.
  2. Gap % = open / previous close − 1.
  3. The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
  4. On daily candles this is simply open vs the previous day's close.
pct = 1
Minimum gap, %

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Move of X% within M candles · reading up or down · any candleA fast move: the close is at least X% away from where it was M candles ago. Read as a burst of one-sided flow.
  1. For each candle, take the close M candles earlier.
  2. Move % = close now / close then − 1.
  3. The pattern completes when |move %| ≥ pct; direction is the sign.
  4. Consecutive candles that all qualify in the same direction count once, at the first of them.
pct = 2
Minimum move, %
candles = 3
Within this many candles (M)

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Cross of a level you set · reading up or down · any candleThe close went through a price you chose. Read however you meant the level.
  1. Take the level you entered.
  2. The pattern completes on a candle whose close is at or above the level while the previous close was below it (up), or at or below it while the previous close was above (down).
  3. Nothing is reported until a level is set.
level = 0
Your level, ₹ — Required — leave at 0 and this pattern reports nothing.

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Inside bar, then a breakout · reading up or down · any candleA candle whose whole range sat inside the one before it (a pause), then a close outside the mother candle's range. Read as a pause resolving.
  1. Take three consecutive candles: mother, inside, break.
  2. Inside: its high ≤ mother high and its low ≥ mother low.
  3. The pattern completes when the third candle closes above the mother high (up) or below the mother low (down).

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Indicator-based

Rules on a derived line: moving averages, VWAP, volume, RSI, Bollinger bands.
Moving-average cross · reading up or down · any candleThe faster simple average crossed the slower one. Read as the near-term average price overtaking (or falling behind) the longer one.
  1. Compute SMA(fast) and SMA(slow) of the closes.
  2. The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
  3. fast must be smaller than slow, else nothing is reported.
fast = 9
Fast average, candles
slow = 21
Slow average, candles

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Volume spike · reading up or down · any candleOne candle traded many times the recent average volume. Read as attention arriving; the candle's colour says which way it leaned.
  1. Average the volume of the previous M candles (those that reported one).
  2. The pattern completes when this candle's volume ≥ times × that average.
  3. Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.
times = 3
Multiple of the average
candles = 20
Average over this many candles (M)

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RSI into overbought / oversold · reading up or down · any candleWilder's RSI crossed into the overbought zone (reported as a 'down' observation: stretched) or the oversold zone ('up': washed out).
  1. Compute RSI(n) from the closes (Wilder smoothing).
  2. The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
  3. Only the crossing candle is a hit, not every candle spent inside the zone.
n = 14
RSI length
high = 70
Overbought above
low = 30
Oversold below

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Bollinger squeeze, then a break · reading up or down · any candleThe bands had narrowed to their tightest in a while, then the close left them. Read as a quiet stretch ending.
  1. Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
  2. Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
  3. The pattern completes on a candle that closes above the upper band having been at or below it the candle before (up), or the mirror below the lower band (down), while squeezed.
n = 20
Band length
k = 2
Standard deviations
squeeze = 60
Tightest in this many candles

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Trend and waves

The fitted trend line and the swing count. A wave count is a reading of the swings, not a prophecy.
Trend line: slope, length, strength · reading up or down · any candleThe straight-line fit through the last N closes: how steep, how long, how clean. This is the slope/length/strength reading (R6) and a version of the 20-candle rule that fires on a clean run even when one close in the middle dipped.
  1. Fit a least-squares line through the last N closes (x = candle index).
  2. Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
  3. Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
  4. Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
  5. The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
  6. Progress always reports the current slope, R², length, magnitude and whether it is continuing.
n = 20
Candles in the fit (N)
min_slope_pct = 0.25
Minimum slope, % per candle
min_r2 = 0.8
Minimum R²

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Impulse wave (five swings, Elliott-style) · reading up or down · any candleFive alternating swings that obey the three classical impulse rules. A count, not a prophecy: the same swings can be counted more than one way, and this is the plain mechanical reading.
  1. Find swings with the zigzag at swing_pct.
  2. Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
  3. Rule 1: wave 2 does not retrace past the start of wave 1.
  4. Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
  5. Rule 3: wave 4 does not enter the price territory of wave 1.
  6. Each wave must make progress: 3 beyond 1, 5 beyond 3.
  7. The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.
swing_pct = 4
Minimum swing size, %

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Multi-candle shapes

Two- and three-candle shapes from the classical catalogue.
Bullish engulfing · reading up · any candleA down candle followed by an up candle whose body covers it, after a decline. Read as the decline being rejected in one candle.
  1. Take two consecutive candles.
  2. First closes below its open; second closes above its open.
  3. Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
  4. Context: the net move over the `context` candles before the pair is negative (set 0 to skip).
context = 5
Decline measured over this many candles before

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Bearish engulfing · reading down · any candleAn up candle followed by a down candle whose body covers it, after a rise.
  1. Take two consecutive candles.
  2. First closes above its open; second closes below its open.
  3. Second's open ≥ first's close and second's close ≤ first's open.
  4. Context: the net move over the `context` candles before the pair is positive (set 0 to skip).
context = 5
Rise measured over this many candles before

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Morning star · reading up · any candleA long down candle, a small-bodied candle, then an up candle closing above the midpoint of the first. Read as a decline stalling and turning.
  1. Take three consecutive candles.
  2. First: a down candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: an up candle closing above the midpoint of the first candle's body.
small_pct = 30
Middle candle body, % of the first's

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Evening star · reading down · any candleA long up candle, a small-bodied candle, then a down candle closing below the midpoint of the first.
  1. Take three consecutive candles.
  2. First: an up candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: a down candle closing below the midpoint of the first candle's body.
small_pct = 30
Middle candle body, % of the first's

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Three white soldiers · reading up · any candleThree up candles in a row, each opening inside the previous body and closing higher, with little upper wick.
  1. Take three consecutive candles, all closing above their opens.
  2. Each close above the previous close.
  3. Each open inside the previous candle's body.
  4. Each upper wick no more than wick_pct of its body.
wick_pct = 30
Maximum upper wick, % of body

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Three black crows · reading down · any candleThree down candles in a row, each opening inside the previous body and closing lower, with little lower wick.
  1. Take three consecutive candles, all closing below their opens.
  2. Each close below the previous close.
  3. Each open inside the previous candle's body.
  4. Each lower wick no more than wick_pct of its body.
wick_pct = 30
Maximum lower wick, % of body

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Single-candle shapes

One candle's body and wicks. Weak on their own; shown with what followed on this name.
Doji · reading neutral · any candleOpen and close almost equal: the candle ranged but ended where it began. Read as indecision.
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≤ body_pct of the range.
body_pct = 10
Body no more than this % of the range

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Hammer · reading up · any candleA long lower wick and a small body near the top, after a decline: the candle went well below and was pulled back up. Read as a low being rejected.
  1. Lower wick ≥ wick_times × body.
  2. Upper wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is negative (set 0 to skip).
  4. The wick's low is reported as the level rejected.
wick_times = 2
Lower wick at least this many × body
other_wick_pct = 15
Upper wick at most this % of range
context = 5
Decline measured over this many candles before

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Shooting star · reading down · any candleA long upper wick and a small body near the bottom, after a rise: the candle went well above and was pushed back down. Read as a high being rejected.
  1. Upper wick ≥ wick_times × body.
  2. Lower wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is positive (set 0 to skip).
  4. The wick's high is reported as the level rejected.
wick_times = 2
Upper wick at least this many × body
other_wick_pct = 15
Lower wick at most this % of range
context = 5
Rise measured over this many candles before

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Marubozu · reading up or down · any candleAlmost no wicks: the candle opened at one end of its range and closed at the other. Read as one side in control for the whole candle.
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≥ body_pct of the range.
  3. Direction is the candle's colour.
body_pct = 90
Body at least this % of the range

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Indicator definitions: SMA(n) is the mean of the last n closes. RSI(n) is Wilder's — average gain over average loss, smoothed by (previous × (n−1) + now) / n. ATR(n) is the Wilder-smoothed mean of the true range. Bollinger bands are SMA(n) ± k standard deviations of the same n closes. VWAP is Σ(typical price × volume) / Σ volume within the session, typical price = (high + low + close) / 3. The trend line is ordinary least squares on close against candle index. Swings come from a zigzag that confirms a pivot once price has moved the swing size against it.