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

Company or symbol Candle Pattern or wave Judge after candles

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.

HARITASEAT · HARITASEAT · daily candles

318 candles on file from 1 Jan 2020 as of the close of 9 Apr 2021 last close ₹766.55 judged 10 candles after each hit the outlook for the coming hours and days →

In progress now Move of X% within M candles · up · Fri 09 Apr 2021 In progress now Moving-average cross · up · Fri 09 Apr 2021 Just hit Doji · neutral · Thu 08 Apr 2021 Building N consecutive rising candles · up · 4 of 5 Building Impulse wave (five swings, Elliott-style) · up · wave 3 under way

The candles, with the hits marked

last 160 of 318 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named

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

65 hits in 318 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Fri 09 Apr 2021

Move of X% within M candles has held from the candle of Thu 08 Apr 2021 through the newest one on file (2 sessions), an up reading. It is in progress now.

What the candles did

+2.10% in the last 3 candles, 734.65 to 750.10.

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 64 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) 30 times of 64 (47%). Median move in the hit's direction -0.20%; best +49.20%, worst -24.78%. Within the window the move typically reached +5.53% in the hit's favour and -5.60% 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

For each candle, take the close M candles earlier.
Move % = close now / close then − 1.
The pattern completes when |move %| ≥ pct; direction is the sign.
Consecutive candles that all qualify in the same direction count once, at the first of them.

The last 12 hits on this name

Thu 08 Apr 2021 up +2.10% in the last 3 candles, 734.65 to 750.10.
Wed 24 Mar 2021 down -2.21% in the last 3 candles, 748.10 to 731.55.
Tue 16 Mar 2021 up +4.10% in the last 3 candles, 730.00 to 759.95.
Fri 12 Mar 2021 down -4.20% in the last 3 candles, 753.85 to 722.20.
Thu 04 Mar 2021 down -2.86% in the last 3 candles, 771.95 to 749.85.
Thu 25 Feb 2021 up +7.99% in the last 3 candles, 677.95 to 732.10.
Mon 22 Feb 2021 down -6.41% in the last 3 candles, 724.40 to 677.95.
Tue 16 Feb 2021 down -3.17% in the last 3 candles, 744.30 to 720.70.
Mon 15 Feb 2021 up +2.95% in the last 3 candles, 713.95 to 735.00.
Thu 11 Feb 2021 down -4.88% in the last 3 candles, 782.50 to 744.30.
Mon 01 Feb 2021 up +4.13% in the last 3 candles, 520.30 to 541.80.
Fri 22 Jan 2021 up +9.52% in the last 3 candles, 478.85 to 524.45.

In progress now Moving-average cross · Indicator-based · reading up

18 hits in 318 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Fri 09 Apr 2021

Moving-average cross completed on the candle that closed at Fri 09 Apr 2021, an up reading. That is the newest candle on file, so this is in progress now.

What the candles did

The 9-candle average (740.56) crossed above the 21-candle average (738.98).

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 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) 9 times of 16 (56%). Median move in the hit's direction +0.84%; best +19.64%, worst -5.52%. Within the window the move typically reached +4.60% in the hit's favour and -4.55% 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 · fast = 9, slow = 21

Compute SMA(fast) and SMA(slow) of the closes.
The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
fast must be smaller than slow, else nothing is reported.

The last 12 hits on this name

Fri 09 Apr 2021 up The 9-candle average (740.56) crossed above the 21-candle average (738.98).
Thu 25 Mar 2021 down The 9-candle average (739.43) crossed below the 21-candle average (739.74).
Wed 20 Jan 2021 up The 9-candle average (480.66) crossed above the 21-candle average (479.12).
Wed 23 Dec 2020 down The 9-candle average (479.83) crossed below the 21-candle average (481.23).
Fri 06 Nov 2020 up The 9-candle average (405.98) crossed above the 21-candle average (405.02).
Thu 15 Oct 2020 down The 9-candle average (413.52) crossed below the 21-candle average (413.62).
Mon 21 Sep 2020 up The 9-candle average (413.32) crossed above the 21-candle average (411.75).
Wed 09 Sep 2020 down The 9-candle average (401.70) crossed below the 21-candle average (403.50).
Wed 19 Aug 2020 up The 9-candle average (377.62) crossed above the 21-candle average (376.63).
Tue 04 Aug 2020 down The 9-candle average (375.62) crossed below the 21-candle average (377.33).
Thu 09 Jul 2020 up The 9-candle average (370.81) crossed above the 21-candle average (370.20).
Tue 07 Jul 2020 down The 9-candle average (369.86) crossed below the 21-candle average (370.06).

Just hit Doji · Single-candle shapes · reading neutral

37 hits in 318 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Thu 08 Apr 2021

Doji completed on the daily candle of Thu 08 Apr 2021, a neutral reading, 1 session before the latest one (which closed at Fri 09 Apr 2021 at 766.55). Since the hit the close has moved +2.19%.

What the candles did

Body 0.05 is 0% of the 11.00 range: open 750.05, close 750.10, high 755.95, low 744.95.

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 34 earlier hits on this name's daily candles, the close 10 sessions later was higher 19 times of 34 (56%). Median move +0.40%; best +37.22%, worst -15.36%.

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

Body = |close − open|; range = high − low.
The pattern completes when range > 0 and body ≤ body_pct of the range.

The last 12 hits on this name

Thu 08 Apr 2021 neutral Body 0.05 is 0% of the 11.00 range: open 750.05, close 750.10, high 755.95, low 744.95.
Mon 05 Apr 2021 neutral Body 0.80 is 3% of the 26.90 range: open 735.45, close 734.65, high 749.20, low 722.30.
Tue 30 Mar 2021 neutral Body 1.85 is 9% of the 20.00 range: open 740.00, close 738.15, high 750.00, low 730.00.
Fri 12 Feb 2021 neutral Body 3.80 is 9% of the 40.40 range: open 735.00, close 731.20, high 762.40, low 722.00.
Wed 27 Jan 2021 neutral Body 1.35 is 8% of the 17.00 range: open 518.95, close 520.30, high 524.00, low 507.00.
Thu 14 Jan 2021 neutral Body 2.00 is 8% of the 23.95 range: open 484.50, close 482.50, high 504.00, low 480.05.
Wed 06 Jan 2021 neutral Body 0.00 is 0% of the 8.00 range: open 475.00, close 475.00, high 480.05, low 472.05.
Tue 05 Jan 2021 neutral Body 0.65 is 7% of the 8.75 range: open 478.00, close 478.65, high 480.00, low 471.25.
Mon 28 Dec 2020 neutral Body 1.30 is 8% of the 16.00 range: open 481.35, close 482.65, high 488.00, low 472.00.
Tue 22 Dec 2020 neutral Body 0.55 is 1% of the 36.95 range: open 470.60, close 471.15, high 480.00, low 443.05.
Wed 09 Dec 2020 neutral Body 0.75 is 5% of the 13.95 range: open 490.05, close 490.80, high 497.00, low 483.05.
Mon 26 Oct 2020 neutral Body 0.75 is 4% of the 19.90 range: open 401.00, close 400.25, high 412.00, low 392.10.

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

3 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Fri 05 Feb 2021

The most recent hit of N consecutive rising candles on the daily candles completed at Fri 05 Feb 2021, 42 sessions ago, an up reading. It is not in progress now. Since then the close has moved +16.59% to 766.55.

What the candles did

5 consecutive rising closes, from 527.10 to 657.45 (+24.73%).

Where it stands on the latest candle

4 rising closes in a row so far (+4.34%); 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 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 2 of 3 times, median move +6.59%.

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

Walk the candles in order.
Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
Progress: how long the current streak is against N, and whether the last close is still rising.

The last 3 hits on this name

Fri 05 Feb 2021 up 5 consecutive rising closes, from 527.10 to 657.45 (+24.73%).
Mon 09 Nov 2020 up 5 consecutive rising closes, from 402.15 to 414.30 (+3.02%).
Wed 15 Jan 2020 up 5 consecutive rising closes, from 427.20 to 507.20 (+18.73%).

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

1 hit in 318 candles · test this one alone Sign in to be alerted

Last seen Fri 28 Aug 2020

The most recent hit of Impulse wave (five swings, Elliott-style) on the daily candles completed at Fri 28 Aug 2020, 153 sessions ago, an up reading. It is not in progress now. Since then the close has moved +82.01% to 766.55.

What the candles did

Five swings up: 1 358.00→388.95, 2 back to 370.20 (above where 1 began), 3 to 438.95, 4 back to 411.00 (above the top of 1), 5 to 444.05; wave 3 is not the shortest.

Where it stands on the latest candle

Counting up: waves 1–2 confirmed, wave 3 under way (the current swing has not yet reversed by 4%). Pivots so far 704.90, 749.20, 717.45, 782.00.

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 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 -5.56%.

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

Find swings with the zigzag at swing_pct.
Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
Rule 1: wave 2 does not retrace past the start of wave 1.
Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
Rule 3: wave 4 does not enter the price territory of wave 1.
Each wave must make progress: 3 beyond 1, 5 beyond 3.
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 1 hit on this name

Fri 28 Aug 2020 up Five swings up: 1 358.00→388.95, 2 back to 370.20 (above where 1 began), 3 to 438.95, 4 back to 411.00 (above the top of 1), 5 to 444.05; wave 3 is not the shortest.

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

150 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 01 Apr 2021

The most recent hit of Gap at the open on the daily candles completed at Thu 01 Apr 2021, 5 sessions ago, an up reading. It is not in progress now. Since then the close has moved +4.23% to 766.55.

What the candles did

Opened at 745.00, +1.16% above the previous close of 736.45.

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 146 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) 71 times of 146 (49%). Median move in the hit's direction -0.28%; best +49.20%, worst -31.68%. Within the window the move typically reached +5.52% in the hit's favour and -4.76% 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 = 1

At the first candle of each session, compare its open with the last close of the previous session.
Gap % = open / previous close − 1.
The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
On daily candles this is simply open vs the previous day's close.

The last 12 hits on this name

Thu 01 Apr 2021 up Opened at 745.00, +1.16% above the previous close of 736.45.
Wed 31 Mar 2021 up Opened at 748.50, +1.40% above the previous close of 738.15.
Tue 30 Mar 2021 up Opened at 740.00, +2.29% above the previous close of 723.45.
Thu 25 Mar 2021 up Opened at 747.00, +2.11% above the previous close of 731.55.
Tue 23 Mar 2021 up Opened at 755.45, +2.11% above the previous close of 739.85.
Thu 18 Mar 2021 up Opened at 767.45, +2.18% above the previous close of 751.10.
Wed 17 Mar 2021 up Opened at 769.95, +1.32% above the previous close of 759.95.
Tue 16 Mar 2021 up Opened at 747.05, +1.14% above the previous close of 738.60.
Fri 12 Mar 2021 up Opened at 762.05, +4.39% above the previous close of 730.00.
Mon 08 Mar 2021 up Opened at 748.00, +3.28% above the previous close of 724.25.
Fri 05 Mar 2021 up Opened at 760.05, +1.36% above the previous close of 749.85.
Mon 01 Mar 2021 up Opened at 761.10, +6.00% above the previous close of 718.00.

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

28 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 11 Feb 2021

The most recent hit of Higher highs and higher lows on the daily candles completed at Thu 11 Feb 2021, 38 sessions ago, an up reading. It is not in progress now. Since then the close has moved +2.99% to 766.55.

What the candles did

2 higher highs and higher lows on swings of at least 3%: lows 460.25, 507.00, 685.00; highs 576.55, 788.90.

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 28 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 14 times of 28 (50%). Median move in the hit's direction +0.02%; best +39.74%, worst -8.67%. Within the window the move typically reached +6.60% in the hit's favour and -3.91% 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

Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
The pattern completes on the candle where the last pivot in the window was confirmed.
The last swing low is reported as the level the structure stands on.

The last 12 hits on this name

Thu 11 Feb 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 460.25, 507.00, 685.00; highs 576.55, 788.90.
Tue 09 Feb 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 460.25, 507.00; highs 514.95, 576.55, 788.90.
Thu 28 Jan 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 455.40, 460.25, 507.00; highs 514.95, 576.55.
Fri 11 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 462.00, 470.00, 475.10; highs 490.00, 498.90.
Wed 18 Nov 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 392.00, 397.10, 437.00; highs 415.00, 460.00.
Tue 17 Nov 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 392.00, 397.10; highs 412.00, 415.00, 460.00.
Wed 23 Sep 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 385.20, 391.70, 395.05; highs 413.05, 441.15.
Fri 28 Aug 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 370.20, 411.00; highs 388.95, 438.95, 444.05.
Tue 25 Aug 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 358.00, 370.20, 411.00; highs 388.95, 438.95.
Fri 21 Aug 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 358.00, 370.20; highs 376.90, 388.95, 438.95.
Wed 15 Jul 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 360.45, 368.95, 370.00; highs 388.80, 398.10.
Fri 10 Jul 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 360.45, 368.95; highs 374.95, 388.80, 398.10.

Quiet Volume spike · Indicator-based · reading down

23 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Mon 05 Apr 2021

The most recent hit of Volume spike on the daily candles completed at Mon 05 Apr 2021, 4 sessions ago, a down reading. It is not in progress now. Since then the close has moved +4.34% to 766.55.

What the candles did

Volume 3.4× the average of the previous 20 candles (39,309 vs 11,406), 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 21 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) 11 times of 21 (52%). Median move in the hit's direction +0.76%; best +49.20%, worst -39.45%. Within the window the move typically reached +7.73% in the hit's favour and -5.95% 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

Average the volume of the previous M candles (those that reported one).
The pattern completes when this candle's volume ≥ times × that average.
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 05 Apr 2021 down Volume 3.4× the average of the previous 20 candles (39,309 vs 11,406), on a down candle.
Thu 01 Apr 2021 down Volume 3.0× the average of the previous 20 candles (32,572 vs 10,732), on a down candle.
Mon 08 Feb 2021 up Volume 3.1× the average of the previous 20 candles (170,225 vs 55,335), on an up candle.
Mon 25 Jan 2021 down Volume 7.3× the average of the previous 20 candles (210,642 vs 28,844), on a down candle.
Fri 22 Jan 2021 up Volume 3.3× the average of the previous 20 candles (81,479 vs 24,911), on an up candle.
Wed 13 Jan 2021 down Volume 31.2× the average of the previous 20 candles (253,182 vs 8,108), on a down candle.
Fri 08 Jan 2021 up Volume 5.3× the average of the previous 20 candles (33,309 vs 6,300), on an up candle.
Wed 25 Nov 2020 up Volume 8.8× the average of the previous 20 candles (31,255 vs 3,555), on an up candle.
Tue 24 Nov 2020 up Volume 4.7× the average of the previous 20 candles (13,671 vs 2,902), on an up candle.
Wed 18 Nov 2020 down Volume 3.6× the average of the previous 20 candles (7,857 vs 2,205), on a down candle.
Thu 12 Nov 2020 up Volume 3.1× the average of the previous 20 candles (5,382 vs 1,732), on an up candle.
Wed 11 Nov 2020 up Volume 4.9× the average of the previous 20 candles (7,218 vs 1,468), on an up candle.

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

19 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 01 Apr 2021

The most recent hit of Lower highs and lower lows on the daily candles completed at Thu 01 Apr 2021, 5 sessions ago, a down reading. It is not in progress now. Since then the close has moved +4.23% to 766.55.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 711.00, 702.00; highs 775.45, 758.95, 755.00.

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 17 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 7 times of 17 (41%). Median move in the hit's direction -0.66%; best +24.78%, worst -17.56%. Within the window the move typically reached +4.60% in the hit's favour and -6.32% 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

Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high below the previous swing high, and each swing low below the previous swing low.
The pattern completes on the candle where the last pivot was confirmed.
The last swing high is reported as the level the structure hangs from.

The last 12 hits on this name

Thu 01 Apr 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 711.00, 702.00; highs 775.45, 758.95, 755.00.
Fri 26 Mar 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 715.10, 711.00, 702.00; highs 775.45, 758.95.
Wed 30 Dec 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 475.10, 443.05; highs 498.90, 493.85, 490.00.
Wed 28 Oct 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 401.00, 393.20, 392.00; highs 422.00, 412.00.
Tue 27 Oct 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 401.00, 393.20; highs 427.00, 422.00, 412.00.
Thu 22 Oct 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 414.20, 401.00, 393.20; highs 427.00, 422.00.
Wed 14 Oct 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 414.20, 401.00; highs 429.00, 427.00, 422.00.
Wed 12 Aug 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 364.85, 359.05, 358.00; highs 385.40, 376.90.
Tue 11 Aug 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 364.85, 359.05; highs 407.05, 385.40, 376.90.
Wed 05 Aug 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 371.10, 364.85, 359.05; highs 407.05, 385.40.
Fri 15 May 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 356.25, 341.00; highs 391.00, 378.95, 370.10.
Tue 24 Mar 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 355.05, 311.20, 301.55; highs 384.95, 369.95.

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

13 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 18 Mar 2021

The most recent hit of Inside bar, then a breakout on the daily candles completed at Thu 18 Mar 2021, 14 sessions ago, a down reading. It is not in progress now. Since then the close has moved +4.41% to 766.55.

What the candles did

An inside candle (747.35–769.95) within the one before it (742.00–775.45), then a close at 734.15 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

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) 3 times of 13 (23%). Median move in the hit's direction -0.87%; best +3.37%, worst -15.45%. Within the window the move typically reached +4.88% in the hit's favour and -7.07% 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

Take three consecutive candles: mother, inside, break.
Inside: its high ≤ mother high and its low ≥ mother low.
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 18 Mar 2021 down An inside candle (747.35–769.95) within the one before it (742.00–775.45), then a close at 734.15 below that range.
Fri 19 Feb 2021 down An inside candle (722.90–730.55) within the one before it (720.00–740.00), then a close at 719.10 below that range.
Tue 16 Feb 2021 down An inside candle (730.00–743.45) within the one before it (722.00–762.40), then a close at 720.70 below that range.
Fri 15 Jan 2021 down An inside candle (480.05–504.00) within the one before it (472.05–514.95), then a close at 469.30 below that range.
Mon 21 Sep 2020 down An inside candle (420.55–434.00) within the one before it (418.60–441.15), then a close at 414.90 below that range.
Mon 27 Jul 2020 down An inside candle (384.00–401.05) within the one before it (382.20–407.05), then a close at 381.05 below that range.
Wed 22 Jul 2020 up An inside candle (376.30–385.00) within the one before it (371.10–388.00), then a close at 390.90 above that range.
Mon 06 Jul 2020 up An inside candle (360.45–372.20) within the one before it (358.30–374.95), then a close at 378.95 above that range.
Mon 11 May 2020 down An inside candle (341.55–351.45) within the one before it (341.00–367.35), then a close at 340.10 below that range.
Thu 09 Apr 2020 up An inside candle (337.00–349.95) within the one before it (336.00–352.00), then a close at 363.60 above that range.
Thu 19 Mar 2020 down An inside candle (367.00–384.95) within the one before it (355.05–390.00), then a close at 352.95 below that range.
Thu 30 Jan 2020 down An inside candle (501.05–518.95) within the one before it (500.00–523.00), then a close at 498.60 below that range.

Quiet Shooting star · Single-candle shapes · reading down

10 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Wed 17 Feb 2021

The most recent hit of Shooting star on the daily candles completed at Wed 17 Feb 2021, 34 sessions ago, a down reading. It is not in progress now. Since then the close has moved +5.82% to 766.55.

What the candles did

Upper wick 15.60 is 4.2× the body, the lower wick is 4% of the range, after +0.95% over the 5 candles before; high 740.00, close 724.40.

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 10 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 3 times of 10 (30%). Median move in the hit's direction -2.36%; best +3.60%, worst -9.24%. Within the window the move typically reached +3.43% in the hit's favour and -10.15% 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 · wick_times = 2, other_wick_pct = 15, context = 5

Upper wick ≥ wick_times × body.
Lower wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is positive (set 0 to skip).
The wick's high is reported as the level rejected.

The last 10 hits on this name

Wed 17 Feb 2021 down Upper wick 15.60 is 4.2× the body, the lower wick is 4% of the range, after +0.95% over the 5 candles before; high 740.00, close 724.40.
Thu 14 Jan 2021 down Upper wick 19.50 is 9.8× the body, the lower wick is 10% of the range, after +2.22% over the 5 candles before; high 504.00, close 482.50.
Tue 17 Nov 2020 down Upper wick 18.05 is 3.7× the body, the lower wick is 0% of the range, after +7.02% over the 5 candles before; high 459.95, close 441.90.
Fri 23 Oct 2020 down Upper wick 8.00 is 8.4× the body, the lower wick is 1% of the range, after +0.92% over the 5 candles before; high 410.00, close 402.00.
Fri 09 Oct 2020 down Upper wick 7.00 is 2.3× the body, the lower wick is 9% of the range, after +0.37% over the 5 candles before; high 427.00, close 417.00.
Fri 18 Sep 2020 down Upper wick 10.30 is 3.3× the body, the lower wick is 0% of the range, after +6.98% over the 5 candles before; high 434.00, close 423.70.
Mon 07 Sep 2020 down Upper wick 16.05 is 2.1× the body, the lower wick is 11% of the range, after +2.06% over the 5 candles before; high 418.40, close 394.75.
Tue 14 Jul 2020 down Upper wick 11.10 is 2.1× the body, the lower wick is 13% of the range, after +2.92% over the 5 candles before; high 388.95, close 372.45.
Thu 11 Jun 2020 down Upper wick 5.05 is 3.7× the body, the lower wick is 11% of the range, after +1.68% over the 5 candles before; high 373.40, close 367.00.
Wed 10 Jun 2020 down Upper wick 6.75 is 3.1× the body, the lower wick is 1% of the range, after +0.80% over the 5 candles before; high 375.00, close 368.25.

Quiet Bullish engulfing · Multi-candle shapes · reading up

9 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Tue 24 Nov 2020

The most recent hit of Bullish engulfing on the daily candles completed at Tue 24 Nov 2020, 92 sessions ago, an up reading. It is not in progress now. Since then the close has moved +62.89% to 766.55.

What the candles did

A down candle (449.95→441.60) followed by an up candle (440.00→470.60) whose body covers it, after -1.02% 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

After 9 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 5 times of 9 (56%). Median move in the hit's direction +0.16%; best +15.22%, worst -17.60%. Within the window the move typically reached +5.29% in the hit's favour and -3.41% 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

Take two consecutive candles.
First closes below its open; second closes above its open.
Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
Context: the net move over the `context` candles before the pair is negative (set 0 to skip).

The last 9 hits on this name

Tue 24 Nov 2020 up A down candle (449.95→441.60) followed by an up candle (440.00→470.60) whose body covers it, after -1.02% over the 5 candles before.
Tue 27 Oct 2020 up A down candle (401.00→400.25) followed by an up candle (392.00→405.05) whose body covers it, after -0.10% over the 5 candles before.
Fri 25 Sep 2020 up A down candle (399.40→399.15) followed by an up candle (394.95→410.85) whose body covers it, after -4.28% over the 5 candles before.
Wed 09 Sep 2020 up A down candle (404.65→397.20) followed by an up candle (396.95→406.65) whose body covers it, after -0.15% over the 5 candles before.
Thu 06 Aug 2020 up A down candle (369.95→368.60) followed by an up candle (362.85→370.65) whose body covers it, after -0.50% over the 5 candles before.
Tue 26 May 2020 up A down candle (357.00→350.90) followed by an up candle (350.05→358.85) whose body covers it, after -0.07% over the 5 candles before.
Thu 14 May 2020 up A down candle (363.50→355.20) followed by an up candle (350.05→367.70) whose body covers it, after -1.38% over the 5 candles before.
Tue 12 May 2020 up A down candle (343.10→340.10) followed by an up candle (336.65→354.25) whose body covers it, after -5.10% over the 5 candles before.
Tue 17 Mar 2020 up A down candle (370.30→368.60) followed by an up candle (355.05→380.65) whose body covers it, after -13.68% over the 5 candles before.

Quiet Marubozu · Single-candle shapes · reading down

8 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 18 Mar 2021

The most recent hit of Marubozu on the daily candles completed at Thu 18 Mar 2021, 14 sessions ago, a down reading. It is not in progress now. Since then the close has moved +4.41% to 766.55.

What the candles did

Body 33.30 is 92% of the range: opened near the high and closed near the low (767.45→734.15).

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 8 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) 2 times of 8 (25%). Median move in the hit's direction -0.56%; best +7.67%, worst -7.38%. Within the window the move typically reached +5.42% in the hit's favour and -4.19% 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

Body = |close − open|; range = high − low.
The pattern completes when range > 0 and body ≥ body_pct of the range.
Direction is the candle's colour.

The last 8 hits on this name

Thu 18 Mar 2021 down Body 33.30 is 92% of the range: opened near the high and closed near the low (767.45→734.15).
Fri 12 Mar 2021 down Body 39.85 is 96% of the range: opened near the high and closed near the low (762.05→722.20).
Thu 25 Feb 2021 up Body 20.70 is 92% of the range: opened near the low and closed near the high (711.40→732.10).
Thu 29 Oct 2020 up Body 7.25 is 97% of the range: opened near the low and closed near the high (399.55→406.80).
Wed 29 Jul 2020 down Body 17.45 is 93% of the range: opened near the high and closed near the low (387.80→370.35).
Fri 05 Jun 2020 up Body 20.30 is 95% of the range: opened near the low and closed near the high (353.65→373.95).
Tue 05 May 2020 down Body 20.80 is 95% of the range: opened near the high and closed near the low (378.95→358.15).
Fri 07 Feb 2020 up Body 32.85 is 95% of the range: opened near the low and closed near the high (485.35→518.20).

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

6 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Mon 01 Feb 2021

The most recent hit of RSI into overbought / oversold on the daily candles completed at Mon 01 Feb 2021, 46 sessions ago, a down reading. It is not in progress now. Since then the close has moved +41.48% to 766.55.

What the candles did

RSI(14) rose to 70, 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

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) 1 times of 6 (17%). Median move in the hit's direction -7.88%; best +1.59%, worst -35.66%. Within the window the move typically reached +3.67% in the hit's favour and -12.39% 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 = 14, high = 70, low = 30

Compute RSI(n) from the closes (Wilder smoothing).
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).
Only the crossing candle is a hit, not every candle spent inside the zone.

The last 6 hits on this name

Mon 01 Feb 2021 down RSI(14) rose to 70, into the overbought zone above 70.
Tue 24 Nov 2020 down RSI(14) rose to 75, into the overbought zone above 70.
Wed 11 Nov 2020 down RSI(14) rose to 71, into the overbought zone above 70.
Wed 19 Aug 2020 down RSI(14) rose to 73, into the overbought zone above 70.
Thu 12 Mar 2020 up RSI(14) fell to 28, into the oversold zone below 30.
Fri 24 Jan 2020 down RSI(14) rose to 72, into the overbought zone above 70.

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

6 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 11 Feb 2021

The most recent hit of Trend line: slope, length, strength on the daily candles completed at Thu 11 Feb 2021, 33 sessions ago, an up reading. It held for 6 sessions, through Thu 18 Feb 2021. It is not in progress now. Since then the close has moved +5.60% to 766.55.

What the candles did

Over the last 20 candles the fitted line rises 2.66% per candle with R² 0.83; 18 candles since the low of the window, +58.60% from it, and the last close is still with the line.

Where it stands on the latest candle

Slope +0.07% per candle (up), R² 0.06 (choppy), 18 candles from the window's low, +6.14% 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

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 +1.33%; best +22.34%, worst -6.42%. Within the window the move typically reached +8.89% in the hit's favour and -8.04% 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 · n = 20, min_slope_pct = 0.25, min_r2 = 0.8

Fit a least-squares line through the last N closes (x = candle index).
Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
Progress always reports the current slope, R², length, magnitude and whether it is continuing.

The last 6 hits on this name

Thu 11 Feb 2021 up Over the last 20 candles the fitted line rises 2.66% per candle with R² 0.83; 18 candles since the low of the window, +58.60% from it, and the last close is still with the line.
Thu 04 Feb 2021 up Over the last 20 candles the fitted line rises 1.18% per candle with R² 0.82; 13 candles since the low of the window, +26.43% from it, and the last close is still with the line.
Tue 24 Nov 2020 up Over the last 20 candles the fitted line rises 0.75% per candle with R² 0.81; 16 candles since the low of the window, +17.02% from it, and the last close is still with the line.
Fri 28 Aug 2020 up Over the last 20 candles the fitted line rises 1.05% per candle with R² 0.82; 15 candles since the low of the window, +14.52% from it, but the last close has slipped from the line.
Thu 23 Apr 2020 up Over the last 20 candles the fitted line rises 0.93% per candle with R² 0.84; 14 candles since the low of the window, +16.74% from it, but the last close has slipped from the line.
Fri 20 Mar 2020 down Over the last 20 candles the fitted line falls 1.63% per candle with R² 0.83; 19 candles since the high of the window, -25.67% from it, and the last close is still with the line.

Quiet Morning star · Multi-candle shapes · reading up

6 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 28 Jan 2021

The most recent hit of Morning star on the daily candles completed at Thu 28 Jan 2021, 48 sessions ago, an up reading. It is not in progress now. Since then the close has moved +43.91% to 766.55.

What the candles did

A long down candle (532.60→517.15), a small-bodied candle, then an up candle closing at 532.65, above the first candle's midpoint 524.88.

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 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 -0.92%; best +39.74%, worst -3.93%. Within the window the move typically reached +2.28% in the hit's favour and -5.15% 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 · small_pct = 30

Take three consecutive candles.
First: a down candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
Third: an up candle closing above the midpoint of the first candle's body.

The last 6 hits on this name

Thu 28 Jan 2021 up A long down candle (532.60→517.15), a small-bodied candle, then an up candle closing at 532.65, above the first candle's midpoint 524.88.
Wed 23 Dec 2020 up A long down candle (483.65→476.35), a small-bodied candle, then an up candle closing at 481.00, above the first candle's midpoint 480.00.
Tue 15 Dec 2020 up A long down candle (488.00→479.95), a small-bodied candle, then an up candle closing at 484.85, above the first candle's midpoint 483.98.
Mon 07 Dec 2020 up A long down candle (489.95→478.10), a small-bodied candle, then an up candle closing at 495.85, above the first candle's midpoint 484.02.
Wed 14 Oct 2020 up A long down candle (417.05→402.55), a small-bodied candle, then an up candle closing at 409.85, above the first candle's midpoint 409.80.
Fri 24 Jan 2020 up A long down candle (514.95→502.00), a small-bodied candle, then an up candle closing at 515.55, above the first candle's midpoint 508.48.

Quiet Evening star · Multi-candle shapes · reading down

5 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Mon 26 Oct 2020

The most recent hit of Evening star on the daily candles completed at Mon 26 Oct 2020, 113 sessions ago, a down reading. It is not in progress now. Since then the close has moved +91.52% to 766.55.

What the candles did

A long up candle (397.35→404.60), a small-bodied candle, then a down candle closing at 400.25, below the first candle's midpoint 400.98.

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

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 +1.26%; best +23.13%, worst -17.51%. Within the window the move typically reached +3.88% in the hit's favour and -5.81% 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

Take three consecutive candles.
First: an up candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
Third: a down candle closing below the midpoint of the first candle's body.

The last 5 hits on this name

Mon 26 Oct 2020 down A long up candle (397.35→404.60), a small-bodied candle, then a down candle closing at 400.25, below the first candle's midpoint 400.98.
Thu 19 Mar 2020 down A long up candle (355.05→380.65), a small-bodied candle, then a down candle closing at 352.95, below the first candle's midpoint 367.85.
Thu 05 Mar 2020 down A long up candle (454.15→477.40), a small-bodied candle, then a down candle closing at 465.75, below the first candle's midpoint 465.77.
Tue 28 Jan 2020 down A long up candle (495.10→515.55), a small-bodied candle, then a down candle closing at 504.55, below the first candle's midpoint 505.32.
Wed 08 Jan 2020 down A long up candle (443.00→450.05), a small-bodied candle, then a down candle closing at 427.20, below the first candle's midpoint 446.52.

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

4 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Tue 01 Sep 2020

The most recent hit of N consecutive falling candles on the daily candles completed at Tue 01 Sep 2020, 151 sessions ago, a down reading. It is not in progress now. Since then the close has moved +93.89% to 766.55.

What the candles did

5 consecutive falling closes, from 434.90 to 395.35 (-9.09%).

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

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 +1.66%.

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

Walk the candles in order.
Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
Progress: the current streak against N.

The last 4 hits on this name

Tue 01 Sep 2020 down 5 consecutive falling closes, from 434.90 to 395.35 (-9.09%).
Wed 29 Jul 2020 down 5 consecutive falling closes, from 390.90 to 370.35 (-5.26%).
Mon 15 Jun 2020 down 5 consecutive falling closes, from 378.35 to 365.50 (-3.40%).
Fri 28 Feb 2020 down 5 consecutive falling closes, from 481.65 to 441.75 (-8.28%).

Quiet Hammer · Single-candle shapes · reading up

3 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Wed 04 Nov 2020

The most recent hit of Hammer on the daily candles completed at Wed 04 Nov 2020, 106 sessions ago, an up reading. It is not in progress now. Since then the close has moved +89.25% to 766.55.

What the candles did

Lower wick 2.70 is 2.6× the body, the upper wick is 0% of the range, after -1.14% over the 5 candles before; low 402.35, close 405.05.

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 -15.36%.

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

Lower wick ≥ wick_times × body.
Upper wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is negative (set 0 to skip).
The wick's low is reported as the level rejected.

The last 3 hits on this name

Wed 04 Nov 2020 up Lower wick 2.70 is 2.6× the body, the upper wick is 0% of the range, after -1.14% over the 5 candles before; low 402.35, close 405.05.
Fri 13 Mar 2020 up Lower wick 74.15 is 3.3× the body, the upper wick is 0% of the range, after -14.54% over the 5 candles before; low 323.55, close 397.70.
Thu 27 Feb 2020 up Lower wick 13.70 is 11.9× the body, the upper wick is 7% of the range, after -2.32% over the 5 candles before; low 455.00, close 469.85.

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

2 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Mon 09 Nov 2020

The most recent hit of Bollinger squeeze, then a break on the daily candles completed at Mon 09 Nov 2020, 103 sessions ago, an up reading. It is not in progress now. Since then the close has moved +85.02% to 766.55.

What the candles did

Closed at 414.30, above the upper band (412.23) 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

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 +1.53%.

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

Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
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 09 Nov 2020 up Closed at 414.30, above the upper band (412.23) after the bands had narrowed to their tightest in 60 candles.
Mon 01 Jun 2020 up Closed at 378.85, above the upper band (374.54) after the bands had narrowed to their tightest in 60 candles.

Quiet Bearish engulfing · Multi-candle shapes · reading down

2 hits in 318 candles · test this one alone Sign in to be alerted

Last seen Thu 10 Dec 2020

The most recent hit of Bearish engulfing on the daily candles completed at Thu 10 Dec 2020, 81 sessions ago, a down reading. It is not in progress now. Since then the close has moved +57.92% to 766.55.

What the candles did

An up candle (490.05→490.80) followed by a down candle (498.05→485.40) whose body covers it, after +2.00% 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

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 2 of 2 times, median move -2.41%.

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

Take two consecutive candles.
First closes above its open; second closes below its open.
Second's open ≥ first's close and second's close ≤ first's open.
Context: the net move over the `context` candles before the pair is positive (set 0 to skip).

The last 2 hits on this name

Thu 10 Dec 2020 down An up candle (490.05→490.80) followed by a down candle (498.05→485.40) whose body covers it, after +2.00% over the 5 candles before.
Tue 08 Dec 2020 down An up candle (493.00→495.85) followed by a down candle (495.95→489.55) whose body covers it, after +2.19% over the 5 candles before.

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

0 hits in 318 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 318 daily candles stored for this name (from Wed 01 Jan 2020 to Fri 09 Apr 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

Take the level you entered.
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).
Nothing is reported until a level is set.

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

0 hits in 318 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 318 daily candles stored for this name (from Wed 01 Jan 2020 to Fri 09 Apr 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

Take three consecutive candles, all closing above their opens.
Each close above the previous close.
Each open inside the previous candle's body.
Each upper wick no more than wick_pct of its body.

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

0 hits in 318 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 318 daily candles stored for this name (from Wed 01 Jan 2020 to Fri 09 Apr 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

Take three consecutive candles, all closing below their opens.
Each close below the previous close.
Each open inside the previous candle's body.
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.

Walk the candles in order.
Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
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.

Walk the candles in order.
Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
The pattern completes on the candle where the streak first reaches N.
Report the move from the close before the run to the close that completed it.
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.

Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
The pattern completes on the candle where the last pivot in the window was confirmed.
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.

Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
Take every window of 2×swings+1 consecutive confirmed pivots.
Require each swing high below the previous swing high, and each swing low below the previous swing low.
The pattern completes on the candle where the last pivot was confirmed.
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.

At the first candle of each session, compare its open with the last close of the previous session.
Gap % = open / previous close − 1.
The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
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.

For each candle, take the close M candles earlier.
Move % = close now / close then − 1.
The pattern completes when |move %| ≥ pct; direction is the sign.
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.

Take the level you entered.
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).
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.

Take three consecutive candles: mother, inside, break.
Inside: its high ≤ mother high and its low ≥ mother low.
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.

Compute SMA(fast) and SMA(slow) of the closes.
The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
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.

Average the volume of the previous M candles (those that reported one).
The pattern completes when this candle's volume ≥ times × that average.
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).

Compute RSI(n) from the closes (Wilder smoothing).
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).
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.

Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
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.

Fit a least-squares line through the last N closes (x = candle index).
Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
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.

Find swings with the zigzag at swing_pct.
Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
Rule 1: wave 2 does not retrace past the start of wave 1.
Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
Rule 3: wave 4 does not enter the price territory of wave 1.
Each wave must make progress: 3 beyond 1, 5 beyond 3.
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.

Take two consecutive candles.
First closes below its open; second closes above its open.
Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
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.

Take two consecutive candles.
First closes above its open; second closes below its open.
Second's open ≥ first's close and second's close ≤ first's open.
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.

Take three consecutive candles.
First: a down candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
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.

Take three consecutive candles.
First: an up candle with a body at least the average body of the ten candles before it.
Second: a body no bigger than small_pct of the first's body.
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.

Take three consecutive candles, all closing above their opens.
Each close above the previous close.
Each open inside the previous candle's body.
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.

Take three consecutive candles, all closing below their opens.
Each close below the previous close.
Each open inside the previous candle's body.
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.

Body = |close − open|; range = high − low.
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.

Lower wick ≥ wick_times × body.
Upper wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is negative (set 0 to skip).
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.

Upper wick ≥ wick_times × body.
Lower wick ≤ other_wick_pct of the range.
Context: the net move over the `context` candles before is positive (set 0 to skip).
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.

Body = |close − open|; range = high − low.
The pattern completes when range > 0 and body ≥ body_pct of the range.
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.