Every result, read before it lands. Judged after.
Sign in
NIFTY 50 22,776.10 +0.98% NIFTY BANK 55,128.40 +0.76% NIFTY IT 28,136.05 -0.59% NIFTY MIDCAP 100 59,761.20 +1.08% NIFTY SMALLCAP 100 19,448.70 +1.56% NIFTY AUTO 25,541.95 +0.47% NIFTY PHARMA 26,549.60 +1.66% NIFTY FMCG 45,205.35 +1.40%
Closed Close 6 Oct

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.

Test a name

Sign in to sweep your whole watchlist in one go.

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.

GTNTEX · GTNTEX · daily candles

64 candles on file from 15 Apr 2020 as of the close of 11 Jan 2022 last close ₹19.50 judged 10 candles after each hit the outlook for the coming hours and days →

The candles, with the hits marked

last 64 of 64 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named
19.454.6519.50 last15 Apr 20202 Jun 202011 Jan 202215 Apr 2020 O 5.50 H 5.90 L 5.40 C 5.4016 Apr 2020 O 5.30 H 5.65 L 5.30 C 5.6517 Apr 2020 O 5.85 H 5.90 L 5.70 C 5.9020 Apr 2020 O 6.15 H 6.15 L 5.65 C 6.0521 Apr 2020 O 6.30 H 6.30 L 6.00 C 6.1022 Apr 2020 O 6.05 H 6.05 L 6.00 C 6.0023 Apr 2020 O 5.75 H 6.00 L 5.70 C 6.0024 Apr 2020 O 5.80 H 6.00 L 5.70 C 5.7527 Apr 2020 O 5.60 H 5.90 L 5.60 C 5.9028 Apr 2020 O 5.90 H 5.90 L 5.65 C 5.8029 Apr 2020 O 5.75 H 5.75 L 5.55 C 5.6030 Apr 2020 O 5.35 H 5.60 L 5.35 C 5.554 May 2020 O 5.60 H 5.80 L 5.30 C 5.405 May 2020 O 5.30 H 5.65 L 5.15 C 5.656 May 2020 O 5.90 H 5.90 L 5.40 C 5.557 May 2020 O 5.80 H 5.80 L 5.55 C 5.608 May 2020 O 5.50 H 5.50 L 5.35 C 5.4511 May 2020 O 5.20 H 5.55 L 5.20 C 5.5512 May 2020 O 5.55 H 5.55 L 5.35 C 5.5013 May 2020 O 5.40 H 5.40 L 5.25 C 5.4014 May 2020 O 5.35 H 5.40 L 5.15 C 5.4015 May 2020 O 5.40 H 5.40 L 5.15 C 5.4018 May 2020 O 5.40 H 5.40 L 5.15 C 5.1519 May 2020 O 4.90 H 5.40 L 4.90 C 5.0020 May 2020 O 5.25 H 5.25 L 4.75 C 4.7521 May 2020 O 4.75 H 4.95 L 4.75 C 4.9522 May 2020 O 5.15 H 5.15 L 4.80 C 5.0526 May 2020 O 5.00 H 5.00 L 4.80 C 4.8027 May 2020 O 5.00 H 5.00 L 4.60 C 4.6028 May 2020 O 4.80 H 4.80 L 4.80 C 4.8029 May 2020 O 4.90 H 5.00 L 4.60 C 4.901 Jun 2020 O 5.00 H 5.10 L 5.00 C 5.002 Jun 2020 O 5.15 H 5.25 L 4.80 C 5.253 Jun 2020 O 5.50 H 5.50 L 5.30 C 5.504 Jun 2020 O 5.50 H 5.70 L 5.50 C 5.705 Jun 2020 O 5.70 H 6.00 L 5.45 C 5.758 Jun 2020 O 5.75 H 6.30 L 5.55 C 6.309 Jun 2020 O 6.30 H 6.50 L 5.75 C 6.0510 Jun 2020 O 5.80 H 6.30 L 5.80 C 6.3011 Jun 2020 O 6.30 H 6.30 L 6.00 C 6.0012 Jun 2020 O 6.00 H 6.25 L 5.80 C 6.0015 Jun 2020 O 5.75 H 6.20 L 5.75 C 6.1516 Jun 2020 O 5.95 H 6.40 L 5.90 C 5.9517 Jun 2020 O 6.20 H 6.20 L 5.90 C 6.0018 Jun 2020 O 6.00 H 6.25 L 5.70 C 5.9519 Jun 2020 O 5.95 H 6.20 L 5.70 C 6.0522 Jun 2020 O 6.15 H 6.35 L 5.95 C 6.2523 Jun 2020 O 6.25 H 6.55 L 6.05 C 6.5524 Jun 2020 O 6.80 H 6.85 L 6.70 C 6.7525 Jun 2020 O 7.05 H 7.05 L 6.50 C 6.6526 Jun 2020 O 6.90 H 6.90 L 6.35 C 6.4029 Jun 2020 O 6.40 H 6.40 L 6.10 C 6.1530 Jun 2020 O 6.35 H 6.45 L 6.25 C 6.451 Jul 2020 O 6.75 H 6.75 L 6.25 C 6.752 Jul 2020 O 7.00 H 7.00 L 6.45 C 6.603 Jul 2020 O 6.60 H 6.60 L 6.30 C 6.306 Jul 2020 O 6.30 H 6.50 L 6.00 C 6.157 Jul 2020 O 5.90 H 6.25 L 5.90 C 6.208 Jul 2020 O 6.20 H 6.20 L 6.00 C 6.009 Jul 2020 O 6.25 H 6.25 L 5.70 C 6.0010 Jul 2020 O 5.80 H 5.95 L 5.70 C 5.8528 Sep 2020 O 5.25 H 5.25 L 4.90 C 4.9010 Jan 2022 O 18.60 H 18.60 L 18.60 C 18.6011 Jan 2022 O 19.50 H 19.50 L 19.50 C 19.5018.60 previous closeTue 11 Jan 2022Mon 10 Jan 2022Mon 28 Sep 2020Mon 10 Jan 2022Mon 28 Sep 2020Mon 10 Jan 2022Mon 10 Jan 2022Mon 10 Jan 2022

In progress now Gap at the open · Runs, breaks and structure · reading up

40 hits in 64 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Tue 11 Jan 2022

Gap at the open completed on the candle that closed at Tue 11 Jan 2022, an up reading. That is the newest candle on file, so this is in progress now.

What the candles did

Opened at 19.50, +4.84% above the previous close of 18.60.

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 33 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) 20 times of 33 (61%). Median move in the hit's direction +6.78%; best +188.89%, worst -14.41%. Within the window the move typically reached +12.80% in the hit's favour and -6.31% 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
  • Tue 11 Jan 2022 up Opened at 19.50, +4.84% above the previous close of 18.60.
  • Mon 10 Jan 2022 up Opened at 18.60, +279.59% above the previous close of 4.90.
  • Mon 28 Sep 2020 down Opened at 5.25, -10.26% below the previous close of 5.85.
  • Fri 10 Jul 2020 down Opened at 5.80, -3.33% below the previous close of 6.00.
  • Thu 09 Jul 2020 up Opened at 6.25, +4.17% above the previous close of 6.00.
  • Tue 07 Jul 2020 down Opened at 5.90, -4.07% below the previous close of 6.15.
  • Thu 02 Jul 2020 up Opened at 7.00, +3.70% above the previous close of 6.75.
  • Wed 01 Jul 2020 up Opened at 6.75, +4.65% above the previous close of 6.45.
  • Tue 30 Jun 2020 up Opened at 6.35, +3.25% above the previous close of 6.15.
  • Fri 26 Jun 2020 up Opened at 6.90, +3.76% above the previous close of 6.65.
  • Thu 25 Jun 2020 up Opened at 7.05, +4.44% above the previous close of 6.75.
  • Wed 24 Jun 2020 up Opened at 6.80, +3.82% above the previous close of 6.55.

In progress now Move of X% within M candles · Runs, breaks and structure · reading up

17 hits in 64 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Tue 11 Jan 2022

Move of X% within M candles has held from the candle of Mon 10 Jan 2022 through the newest one on file (2 sessions), an up reading. It is in progress now.

What the candles did

+210.00% in the last 3 candles, 6.00 to 18.60.

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 15 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) 7 times of 15 (47%). Median move in the hit's direction -0.00%; best +188.89%, worst -36.96%. Within the window the move typically reached +10.68% in the hit's favour and -9.38% 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 · 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 Jan 2022 up +210.00% in the last 3 candles, 6.00 to 18.60.
  • Fri 03 Jul 2020 down -2.33% in the last 3 candles, 6.45 to 6.30.
  • Wed 01 Jul 2020 up +5.47% in the last 3 candles, 6.40 to 6.75.
  • Fri 26 Jun 2020 down -2.29% in the last 3 candles, 6.55 to 6.40.
  • Mon 22 Jun 2020 up +4.17% in the last 3 candles, 6.00 to 6.25.
  • Thu 18 Jun 2020 down -3.25% in the last 3 candles, 6.15 to 5.95.
  • Mon 15 Jun 2020 down -2.38% in the last 3 candles, 6.30 to 6.15.
  • Thu 11 Jun 2020 down -4.76% in the last 3 candles, 6.30 to 6.00.
  • Fri 29 May 2020 up +2.08% in the last 3 candles, 4.80 to 4.90.
  • Wed 27 May 2020 down -7.07% in the last 3 candles, 4.95 to 4.60.
  • Mon 18 May 2020 down -4.63% in the last 3 candles, 5.40 to 5.15.
  • Thu 14 May 2020 down -2.70% in the last 3 candles, 5.55 to 5.40.

Just hit Marubozu · Single-candle shapes · reading down

16 hits in 64 candles · test this one alone Sign in to be alerted

Hit 2 sessions ago — Mon 28 Sep 2020

Marubozu completed on the daily candle of Mon 28 Sep 2020, a down reading, 2 sessions before the latest one (which closed at Tue 11 Jan 2022 at 19.50). Since the hit the close has moved +297.96%.

What the candles did

Body 0.35 is 100% of the range: opened near the high and closed near the low (5.25→4.90).

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 13 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 13 (38%). Median move in the hit's direction -1.94%; best +16.16%, worst -36.96%. Within the window the move typically reached +8.73% in the hit's favour and -9.52% 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 · 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
  • Mon 28 Sep 2020 down Body 0.35 is 100% of the range: opened near the high and closed near the low (5.25→4.90).
  • Wed 08 Jul 2020 down Body 0.20 is 100% of the range: opened near the high and closed near the low (6.20→6.00).
  • Fri 03 Jul 2020 down Body 0.30 is 100% of the range: opened near the high and closed near the low (6.60→6.30).
  • Fri 26 Jun 2020 down Body 0.50 is 91% of the range: opened near the high and closed near the low (6.90→6.40).
  • Thu 11 Jun 2020 down Body 0.30 is 100% of the range: opened near the high and closed near the low (6.30→6.00).
  • Wed 10 Jun 2020 up Body 0.50 is 100% of the range: opened near the low and closed near the high (5.80→6.30).
  • Thu 04 Jun 2020 up Body 0.20 is 100% of the range: opened near the low and closed near the high (5.50→5.70).
  • Wed 27 May 2020 down Body 0.40 is 100% of the range: opened near the high and closed near the low (5.00→4.60).
  • Tue 26 May 2020 down Body 0.20 is 100% of the range: opened near the high and closed near the low (5.00→4.80).
  • Thu 21 May 2020 up Body 0.20 is 100% of the range: opened near the low and closed near the high (4.75→4.95).
  • Wed 20 May 2020 down Body 0.50 is 100% of the range: opened near the high and closed near the low (5.25→4.75).
  • Mon 18 May 2020 down Body 0.25 is 100% of the range: opened near the high and closed near the low (5.40→5.15).

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

8 hits in 64 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Mon 10 Jan 2022

Lower highs and lower lows completed on the daily candle of Mon 10 Jan 2022, a down reading, 1 session before the latest one (which closed at Tue 11 Jan 2022 at 19.50). Since the hit the close has moved +4.84%.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 6.10, 5.90, 4.90; highs 7.00, 6.25.

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 6 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 2 times of 6 (33%). Median move in the hit's direction -9.05%; best +14.41%, worst -26.04%. Within the window the move typically reached +7.55% in the hit's favour and -13.28% 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 8 hits on this name
  • Mon 10 Jan 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 6.10, 5.90, 4.90; highs 7.00, 6.25.
  • Fri 10 Jul 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 6.10, 5.90; highs 7.05, 7.00, 6.25.
  • Thu 28 May 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.15, 4.75, 4.60; highs 5.40, 5.15.
  • Tue 26 May 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.15, 4.75; highs 5.55, 5.40, 5.15.
  • Thu 21 May 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.20, 5.15, 4.75; highs 5.55, 5.40.
  • Mon 18 May 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.20, 5.15; highs 5.90, 5.55, 5.40.
  • Wed 06 May 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.70, 5.60, 5.15; highs 6.00, 5.90.
  • Wed 29 Apr 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.70, 5.60; highs 6.30, 6.00, 5.90.

Just hit Inside bar, then a breakout · Runs, breaks and structure · reading down

3 hits in 64 candles · test this one alone Sign in to be alerted

Hit 2 sessions ago — Mon 28 Sep 2020

Inside bar, then a breakout completed on the daily candle of Mon 28 Sep 2020, a down reading, 2 sessions before the latest one (which closed at Tue 11 Jan 2022 at 19.50). Since the hit the close has moved +297.96%.

What the candles did

An inside candle (5.70–5.95) within the one before it (5.70–6.25), then a close at 4.90 below 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

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 +23.48%.

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 3 hits on this name
  • Mon 28 Sep 2020 down An inside candle (5.70–5.95) within the one before it (5.70–6.25), then a close at 4.90 below that range.
  • Wed 27 May 2020 down An inside candle (4.80–5.00) within the one before it (4.80–5.15), then a close at 4.60 below that range.
  • Tue 19 May 2020 down An inside candle (5.15–5.40) within the one before it (5.15–5.40), then a close at 5.00 below that range.

Just hit Moving-average cross · Indicator-based · reading up

3 hits in 64 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Mon 10 Jan 2022

Moving-average cross completed on the daily candle of Mon 10 Jan 2022, an up reading, 1 session before the latest one (which closed at Tue 11 Jan 2022 at 19.50). Since the hit the close has moved +4.84%.

What the candles did

The 9-candle average (7.40) crossed above the 21-candle average (6.79).

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

Only 1 earlier hit 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 1 times, median move -0.79%.

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

The rule, exactly as checked · 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 3 hits on this name
  • Mon 10 Jan 2022 up The 9-candle average (7.40) crossed above the 21-candle average (6.79).
  • Mon 28 Sep 2020 down The 9-candle average (6.08) crossed below the 21-candle average (6.19).
  • Mon 08 Jun 2020 up The 9-candle average (5.31) crossed above the 21-candle average (5.25).

Just hit RSI into overbought / oversold · Indicator-based · reading down

2 hits in 64 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Mon 10 Jan 2022

RSI into overbought / oversold completed on the daily candle of Mon 10 Jan 2022, a down reading, 1 session before the latest one (which closed at Tue 11 Jan 2022 at 19.50). Since the hit the close has moved +4.84%.

What the candles did

RSI(14) rose to 88, 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 1 earlier hit 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 1 times, median move -0.79%.

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

The rule, exactly as checked · 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 2 hits on this name
  • Mon 10 Jan 2022 down RSI(14) rose to 88, into the overbought zone above 70.
  • Mon 08 Jun 2020 down RSI(14) rose to 71, into the overbought zone above 70.

Just hit Bollinger squeeze, then a break · Indicator-based · reading up

2 hits in 64 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Mon 10 Jan 2022

Bollinger squeeze, then a break completed on the daily candle of Mon 10 Jan 2022, an up reading, 1 session before the latest one (which closed at Tue 11 Jan 2022 at 19.50). Since the hit the close has moved +4.84%.

What the candles did

Closed at 18.60, above the upper band (12.29) 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

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 · 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 2 hits on this name
  • Mon 10 Jan 2022 up Closed at 18.60, above the upper band (12.29) after the bands had narrowed to their tightest in 60 candles.
  • Mon 28 Sep 2020 down Closed at 4.90, below the lower band (5.38) after the bands had narrowed to their tightest in 60 candles.

Quiet Doji · Single-candle shapes · reading neutral

10 hits in 64 candles · test this one alone Sign in to be alerted

Last seen Wed 01 Jul 2020

The most recent hit of Doji on the daily candles completed at Wed 01 Jul 2020, 10 sessions ago, a neutral reading. It is not in progress now. Since then the close has moved +188.89% to 19.50.

What the candles did

Body 0.00 is 0% of the 0.50 range: open 6.75, close 6.75, high 6.75, low 6.25.

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 10 earlier hits on this name's daily candles, the close 10 sessions later was higher 8 times of 10 (80%). Median move +8.75%; best +188.89%, worst -11.11%.

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 10 hits on this name
  • Wed 01 Jul 2020 neutral Body 0.00 is 0% of the 0.50 range: open 6.75, close 6.75, high 6.75, low 6.25.
  • Thu 18 Jun 2020 neutral Body 0.05 is 9% of the 0.55 range: open 6.00, close 5.95, high 6.25, low 5.70.
  • Tue 16 Jun 2020 neutral Body 0.00 is 0% of the 0.50 range: open 5.95, close 5.95, high 6.40, low 5.90.
  • Fri 12 Jun 2020 neutral Body 0.00 is 0% of the 0.45 range: open 6.00, close 6.00, high 6.25, low 5.80.
  • Fri 05 Jun 2020 neutral Body 0.05 is 9% of the 0.55 range: open 5.70, close 5.75, high 6.00, low 5.45.
  • Wed 03 Jun 2020 neutral Body 0.00 is 0% of the 0.20 range: open 5.50, close 5.50, high 5.50, low 5.30.
  • Mon 01 Jun 2020 neutral Body 0.00 is 0% of the 0.10 range: open 5.00, close 5.00, high 5.10, low 5.00.
  • Fri 29 May 2020 neutral Body 0.00 is 0% of the 0.40 range: open 4.90, close 4.90, high 5.00, low 4.60.
  • Fri 15 May 2020 neutral Body 0.00 is 0% of the 0.25 range: open 5.40, close 5.40, high 5.40, low 5.15.
  • Wed 13 May 2020 neutral Body 0.00 is 0% of the 0.15 range: open 5.40, close 5.40, high 5.40, low 5.25.

Quiet Volume spike · Indicator-based · reading down

6 hits in 64 candles · test this one alone Sign in to be alerted

Last seen Fri 26 Jun 2020

The most recent hit of Volume spike on the daily candles completed at Fri 26 Jun 2020, 13 sessions ago, a down reading. It is not in progress now. Since then the close has moved +204.69% to 19.50.

What the candles did

Volume 3.9× the average of the previous 20 candles (64,607 vs 16,666), 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 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) 3 times of 6 (50%). Median move in the hit's direction +1.27%; best +22.45%, worst -20.00%. Within the window the move typically reached +11.87% in the hit's favour and -6.69% 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 6 hits on this name
  • Fri 26 Jun 2020 down Volume 3.9× the average of the previous 20 candles (64,607 vs 16,666), on a down candle.
  • Mon 22 Jun 2020 up Volume 3.7× the average of the previous 20 candles (43,839 vs 11,894), on an up candle.
  • Fri 19 Jun 2020 up Volume 6.2× the average of the previous 20 candles (58,126 vs 9,449), on an up candle.
  • Fri 29 May 2020 neutral Volume 3.8× the average of the previous 20 candles (27,803 vs 7,321), on a flat candle.
  • Wed 20 May 2020 down Volume 12.2× the average of the previous 20 candles (51,034 vs 4,193), on a down candle.
  • Thu 14 May 2020 up Volume 5.8× the average of the previous 20 candles (20,049 vs 3,484), on an up candle.

Quiet Hammer · Single-candle shapes · reading up

3 hits in 64 candles · test this one alone Sign in to be alerted

Last seen Fri 22 May 2020

The most recent hit of Hammer on the daily candles completed at Fri 22 May 2020, 37 sessions ago, an up reading. It is not in progress now. Since then the close has moved +286.14% to 19.50.

What the candles did

Lower wick 0.25 is 2.5× the body, the upper wick is 0% of the range, after -8.33% over the 5 candles before; low 4.80, close 5.05.

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 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 -9.26%.

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 3 hits on this name
  • Fri 22 May 2020 up Lower wick 0.25 is 2.5× the body, the upper wick is 0% of the range, after -8.33% over the 5 candles before; low 4.80, close 5.05.
  • Thu 14 May 2020 up Lower wick 0.20 is 4.0× the body, the upper wick is 0% of the range, after -3.57% over the 5 candles before; low 5.15, close 5.40.
  • Tue 12 May 2020 up Lower wick 0.15 is 3.0× the body, the upper wick is 0% of the range, after -1.77% over the 5 candles before; low 5.35, close 5.50.

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

2 hits in 64 candles · test this one alone Sign in to be alerted

Last seen Tue 26 May 2020

The most recent hit of Trend line: slope, length, strength on the daily candles completed at Tue 26 May 2020, 33 sessions ago, a down reading. It held for 4 sessions, through Fri 29 May 2020. It is not in progress now. Since then the close has moved +297.96% to 19.50.

What the candles did

Over the last 20 candles the fitted line falls 0.91% per candle with R² 0.81; 19 candles since the high of the window, -18.64% from it, and the last close is still with the line.

Where it stands on the latest candle

Slope +4.26% per candle (up), R² 0.23 (choppy), 2 candles from the window's low, +297.96% from it; the last close is with 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

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 +9.32%.

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 2 hits on this name
  • Tue 26 May 2020 down Over the last 20 candles the fitted line falls 0.91% per candle with R² 0.81; 19 candles since the high of the window, -18.64% from it, and the last close is still with the line.
  • Fri 15 May 2020 down Over the last 20 candles the fitted line falls 0.64% per candle with R² 0.81; 17 candles since the high of the window, -11.48% from it, but the last close has slipped from the line.

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

1 hit in 64 candles · test this one alone Sign in to be alerted

Last seen Wed 03 Jun 2020

The most recent hit of N consecutive rising candles on the daily candles completed at Wed 03 Jun 2020, 30 sessions ago, an up reading. It is not in progress now. Since then the close has moved +254.55% to 19.50.

What the candles did

5 consecutive rising closes, from 4.60 to 5.50 (+19.57%).

Where it stands on the latest candle

2 rising closes in a row so far (+297.96%); the rule wants 5.

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 1 earlier hit 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 1 times, median move +9.09%.

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 1 hit on this name
  • Wed 03 Jun 2020 up 5 consecutive rising closes, from 4.60 to 5.50 (+19.57%).

Quiet Bullish engulfing · Multi-candle shapes · reading up

1 hit in 64 candles · test this one alone Sign in to be alerted

Last seen Tue 05 May 2020

The most recent hit of Bullish engulfing on the daily candles completed at Tue 05 May 2020, 50 sessions ago, an up reading. It is not in progress now. Since then the close has moved +245.13% to 19.50.

What the candles did

A down candle (5.60→5.40) followed by an up candle (5.30→5.65) whose body covers it, after -3.48% 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 1 earlier hit 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 1 times, median move -11.50%.

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 1 hit on this name
  • Tue 05 May 2020 up A down candle (5.60→5.40) followed by an up candle (5.30→5.65) whose body covers it, after -3.48% over the 5 candles before.

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

0 hits in 64 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

N consecutive falling candles did not complete anywhere in the 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

Where it stands on the latest candle

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

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

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 · 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.

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

0 hits in 64 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Higher highs and higher lows did not complete anywhere in the 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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

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 · 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.

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

0 hits in 64 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 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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

0 hits in 64 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Impulse wave (five swings, Elliott-style) did not complete anywhere in the 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

Where it stands on the latest candle

One swing up under way from 4.90; nothing to count as an impulse yet.

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

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 · 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.

Quiet Bearish engulfing · Multi-candle shapes · reading down

0 hits in 64 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Bearish engulfing did not complete anywhere in the 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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

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 · 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).

Quiet Morning star · Multi-candle shapes · reading up

0 hits in 64 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Morning star did not complete anywhere in the 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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

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 · 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.

Quiet Evening star · Multi-candle shapes · reading down

0 hits in 64 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Evening star did not complete anywhere in the 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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

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 · 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.

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

0 hits in 64 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 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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 64 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 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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.

Quiet Shooting star · Single-candle shapes · reading down

0 hits in 64 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Shooting star did not complete anywhere in the 64 daily candles stored for this name (from Wed 15 Apr 2020 to Tue 11 Jan 2022).

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

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_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 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.

Test this pattern on GTNTEX

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)

Test this pattern on GTNTEX

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.

Test this pattern on GTNTEX

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, %

Test this pattern on GTNTEX

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, %

Test this pattern on GTNTEX

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)

Test this pattern on GTNTEX

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.

Test this pattern on GTNTEX

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).

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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)

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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, %

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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

Test this pattern on GTNTEX

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.