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.

MEGH · MEGH · daily candles

341 candles on file from 1 Jan 2020 as of the close of 17 May 2021 last close ₹138.25 judged 10 candles after each hit the outlook for the coming hours and days →

In progress now Doji · neutral · Mon 17 May 2021 Just hit Gap at the open · up · Fri 14 May 2021 Just hit Move of X% within M candles · down · Wed 12 May 2021 Just hit Lower highs and lower lows · down · Fri 14 May 2021 Building Impulse wave (five swings, Elliott-style) · down · wave 3 under way

The candles, with the hits marked

last 160 of 341 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named

In progress now Doji · Single-candle shapes · reading neutral

35 hits in 341 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Mon 17 May 2021

Doji completed on the candle that closed at Mon 17 May 2021, a neutral reading. That is the newest candle on file, so this is in progress now.

What the candles did

Body 0.00 is 0% of the 8.25 range: open 138.25, close 138.25, high 141.50, low 133.25.

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 33 earlier hits on this name's daily candles, the close 10 sessions later was higher 24 times of 33 (73%). Median move +4.97%; best +36.28%, worst -29.72%.

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

The rule, exactly as checked · 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

Mon 17 May 2021 neutral Body 0.00 is 0% of the 8.25 range: open 138.25, close 138.25, high 141.50, low 133.25.
Fri 07 May 2021 neutral Body 0.10 is 2% of the 5.45 range: open 146.05, close 146.15, high 149.95, low 144.50.
Thu 08 Apr 2021 neutral Body 0.85 is 9% of the 9.35 range: open 136.00, close 136.85, high 142.90, low 133.55.
Wed 31 Mar 2021 neutral Body 0.10 is 3% of the 3.60 range: open 116.70, close 116.60, high 118.80, low 115.20.
Tue 30 Mar 2021 neutral Body 0.35 is 5% of the 6.70 range: open 116.40, close 116.75, high 121.55, low 114.85.
Thu 25 Mar 2021 neutral Body 0.65 is 7% of the 9.65 range: open 115.00, close 114.35, high 118.60, low 108.95.
Mon 08 Mar 2021 neutral Body 0.15 is 5% of the 3.00 range: open 86.00, close 85.85, high 88.60, low 85.60.
Tue 02 Mar 2021 neutral Body 0.20 is 8% of the 2.60 range: open 82.95, close 82.75, high 83.70, low 81.10.
Wed 24 Feb 2021 neutral Body 0.20 is 8% of the 2.65 range: open 78.00, close 77.80, high 79.65, low 77.00.
Tue 23 Feb 2021 neutral Body 0.10 is 5% of the 2.10 range: open 77.50, close 77.40, high 78.80, low 76.70.
Thu 18 Feb 2021 neutral Body 0.25 is 8% of the 3.15 range: open 78.25, close 78.50, high 80.60, low 77.45.
Wed 20 Jan 2021 neutral Body 0.10 is 9% of the 1.15 range: open 80.70, close 80.80, high 81.65, low 80.50.

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

108 hits in 341 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Fri 14 May 2021

Gap at the open completed on the daily candle of Fri 14 May 2021, an up reading, 1 session before the latest one (which closed at Mon 17 May 2021 at 138.25). Since the hit the close has moved +0.44%.

What the candles did

Opened at 140.50, +1.77% above the previous close of 138.05.

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 103 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) 55 times of 103 (53%). Median move in the hit's direction +0.81%; best +43.32%, worst -52.53%. Within the window the move typically reached +8.13% in the hit's favour and -6.38% 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 = 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

Fri 14 May 2021 up Opened at 140.50, +1.77% above the previous close of 138.05.
Wed 12 May 2021 up Opened at 139.30, +1.24% above the previous close of 137.60.
Tue 11 May 2021 down Opened at 134.85, -1.06% below the previous close of 136.30.
Fri 07 May 2021 up Opened at 146.05, +1.71% above the previous close of 143.60.
Wed 05 May 2021 up Opened at 150.50, +1.72% above the previous close of 147.95.
Fri 30 Apr 2021 down Opened at 139.50, -1.38% below the previous close of 141.45.
Thu 29 Apr 2021 up Opened at 131.20, +1.27% above the previous close of 129.55.
Tue 20 Apr 2021 up Opened at 116.65, +1.04% above the previous close of 115.45.
Mon 19 Apr 2021 down Opened at 116.15, -5.11% below the previous close of 122.40.
Thu 15 Apr 2021 down Opened at 119.90, -1.92% below the previous close of 122.25.
Tue 13 Apr 2021 up Opened at 120.40, +1.73% above the previous close of 118.35.
Mon 12 Apr 2021 down Opened at 129.50, -3.86% below the previous close of 134.70.

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

80 hits in 341 candles · test this one alone Sign in to be alerted

Hit 2 sessions ago — Wed 12 May 2021

Move of X% within M candles completed on the daily candle of Mon 10 May 2021, a down reading, 2 sessions before the latest one (which closed at Mon 17 May 2021 at 138.25). It held for 3 sessions, through Wed 12 May 2021. Since the hit the close has moved +0.14%.

What the candles did

-8.00% in the last 3 candles, 148.15 to 136.30.

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 78 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) 44 times of 78 (56%). Median move in the hit's direction +0.91%; best +29.72%, worst -34.82%. Within the window the move typically reached +8.41% in the hit's favour and -6.44% 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 = 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

Mon 10 May 2021 down -8.00% in the last 3 candles, 148.15 to 136.30.
Thu 06 May 2021 down -3.04% in the last 3 candles, 148.10 to 143.60.
Wed 28 Apr 2021 up +5.15% in the last 3 candles, 123.20 to 129.55.
Thu 22 Apr 2021 up +4.66% in the last 3 candles, 122.40 to 128.10.
Mon 19 Apr 2021 down -5.56% in the last 3 candles, 122.25 to 115.45.
Fri 16 Apr 2021 up +3.42% in the last 3 candles, 118.35 to 122.40.
Mon 12 Apr 2021 down -11.38% in the last 3 candles, 133.55 to 118.35.
Tue 06 Apr 2021 up +9.61% in the last 3 candles, 116.60 to 127.80.
Thu 01 Apr 2021 up +3.89% in the last 3 candles, 114.40 to 118.85.
Tue 30 Mar 2021 up +2.91% in the last 3 candles, 113.45 to 116.75.
Thu 25 Mar 2021 down -3.83% in the last 3 candles, 118.90 to 114.35.
Mon 22 Mar 2021 up +8.63% in the last 3 candles, 109.45 to 118.90.

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

30 hits in 341 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Fri 14 May 2021

Lower highs and lower lows completed on the daily candle of Fri 14 May 2021, a down reading, 1 session before the latest one (which closed at Mon 17 May 2021 at 138.25). Since the hit the close has moved +0.44%.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 142.70, 130.05; highs 153.95, 149.95, 143.50.

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 29 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 9 times of 29 (31%). Median move in the hit's direction -6.56%; best +29.72%, worst -31.56%. Within the window the move typically reached +6.76% in the hit's favour and -10.96% 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

Fri 14 May 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 142.70, 130.05; highs 153.95, 149.95, 143.50.
Tue 23 Feb 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 80.10, 77.10, 76.40; highs 83.60, 80.60.
Fri 19 Feb 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 80.10, 77.10; highs 86.80, 83.60, 80.60.
Wed 27 Jan 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 80.00, 79.00, 76.10; highs 85.30, 82.05.
Thu 21 Jan 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 80.00, 79.00; highs 87.95, 85.30, 82.05.
Tue 19 Jan 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 81.00, 80.00, 79.00; highs 87.95, 85.30.
Tue 22 Dec 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 81.25, 78.50, 71.00; highs 84.50, 82.70.
Tue 15 Dec 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 81.25, 78.50; highs 86.80, 84.50, 82.70.
Fri 11 Dec 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 83.20, 81.25, 78.50; highs 86.80, 84.50.
Thu 10 Dec 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 83.20, 81.25; highs 87.95, 86.80, 84.50.
Thu 05 Nov 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 73.10, 70.75, 66.00; highs 78.50, 75.95.
Mon 26 Oct 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 73.10, 70.75; highs 82.30, 78.50, 75.95.

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

3 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Mon 24 Aug 2020

The most recent hit of Impulse wave (five swings, Elliott-style) on the daily candles completed at Mon 24 Aug 2020, 180 sessions ago, an up reading. It is not in progress now. Since then the close has moved +82.03% to 138.25.

What the candles did

Five swings up: 1 62.60→72.40, 2 back to 68.60 (above where 1 began), 3 to 78.20, 4 back to 73.15 (above the top of 1), 5 to 80.90; wave 3 is not the shortest.

Where it stands on the latest candle

Counting down: waves 1–2 confirmed, wave 3 under way (the current swing has not yet reversed by 4%). Pivots so far 149.95, 130.05, 143.50, 133.25.

What this pattern is taken to mean

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

What followed on this name's own record

Only 3 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 1 of 3 times, median move -8.95%.

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

The rule, exactly as checked · 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 3 hits on this name

Mon 24 Aug 2020 up Five swings up: 1 62.60→72.40, 2 back to 68.60 (above where 1 began), 3 to 78.20, 4 back to 73.15 (above the top of 1), 5 to 80.90; wave 3 is not the shortest.
Fri 20 Mar 2020 down Five swings down: 1 53.15→47.10, 2 back to 50.40 (below where 1 began), 3 to 39.00, 4 back to 44.90 (below the bottom of 1), 5 to 35.00; wave 3 is not the shortest.
Wed 11 Mar 2020 down Five swings down: 1 61.65→55.90, 2 back to 59.00 (below where 1 began), 3 to 50.70, 4 back to 53.15 (below the bottom of 1), 5 to 47.10; wave 3 is not the shortest.

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

31 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Fri 07 May 2021

The most recent hit of Higher highs and higher lows on the daily candles completed at Fri 07 May 2021, 5 sessions ago, an up reading. It is not in progress now. Since then the close has moved -5.41% to 138.25.

What the candles did

2 higher highs and higher lows on swings of at least 3%: lows 111.70, 123.55, 142.70; highs 133.60, 153.95.

What this pattern is taken to mean

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

What followed on this name's own record

After 29 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 12 times of 29 (41%). Median move in the hit's direction -4.23%; best +19.32%, worst -13.67%. Within the window the move typically reached +8.26% in the hit's favour and -6.55% 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: 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

Fri 07 May 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 111.70, 123.55, 142.70; highs 133.60, 153.95.
Thu 06 May 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 111.70, 123.55; highs 126.70, 133.60, 153.95.
Thu 07 Jan 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 71.00, 81.00; highs 82.70, 86.40, 87.95.
Mon 07 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 74.25, 79.25, 83.20; highs 82.50, 87.95.
Fri 04 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 74.25, 79.25; highs 77.70, 82.50, 87.95.
Wed 02 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 73.50, 74.25, 79.25; highs 77.70, 82.50.
Mon 23 Nov 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 66.00, 71.50, 73.50; highs 77.90, 79.25.
Wed 18 Nov 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 66.00, 71.50; highs 75.95, 77.90, 79.25.
Tue 06 Oct 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 73.85, 75.75, 79.60; highs 80.20, 83.80.
Wed 26 Aug 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 68.60, 73.15, 75.10; highs 78.20, 80.90.
Mon 24 Aug 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 68.60, 73.15; highs 72.40, 78.20, 80.90.
Fri 21 Aug 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 62.60, 68.60, 73.15; highs 72.40, 78.20.

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

23 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Wed 28 Apr 2021

The most recent hit of Inside bar, then a breakout on the daily candles completed at Wed 28 Apr 2021, 12 sessions ago, an up reading. It is not in progress now. Since then the close has moved +6.72% to 138.25.

What the candles did

An inside candle (124.60–129.30) within the one before it (123.55–129.50), then a close at 129.55 above that range.

What this pattern is taken to mean

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

What followed on this name's own record

After 23 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) 12 times of 23 (52%). Median move in the hit's direction +1.02%; best +29.72%, worst -16.10%. Within the window the move typically reached +7.36% in the hit's favour and -6.33% 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

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

Wed 28 Apr 2021 up An inside candle (124.60–129.30) within the one before it (123.55–129.50), then a close at 129.55 above that range.
Mon 08 Feb 2021 down An inside candle (84.00–86.60) within the one before it (84.00–86.80), then a close at 83.25 below that range.
Thu 21 Jan 2021 down An inside candle (80.50–81.65) within the one before it (80.05–82.05), then a close at 79.35 below that range.
Wed 13 Jan 2021 down An inside candle (81.45–83.80) within the one before it (81.40–84.60), then a close at 81.25 below that range.
Thu 17 Dec 2020 down An inside candle (80.25–81.40) within the one before it (80.10–81.90), then a close at 79.75 below that range.
Thu 10 Dec 2020 down An inside candle (81.70–84.50) within the one before it (81.25–86.05), then a close at 80.10 below that range.
Tue 08 Dec 2020 down An inside candle (84.60–86.80) within the one before it (83.20–87.05), then a close at 82.25 below that range.
Wed 02 Dec 2020 up An inside candle (79.25–81.75) within the one before it (79.15–82.50), then a close at 84.00 above that range.
Fri 23 Oct 2020 up An inside candle (71.05–74.00) within the one before it (70.75–74.50), then a close at 75.10 above that range.
Thu 20 Aug 2020 up An inside candle (74.20–77.25) within the one before it (72.00–78.20), then a close at 78.35 above that range.
Tue 18 Aug 2020 up An inside candle (68.60–71.90) within the one before it (67.55–72.40), then a close at 75.25 above that range.
Thu 13 Aug 2020 up An inside candle (63.75–65.60) within the one before it (62.60–65.85), then a close at 67.55 above that range.

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

16 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Tue 27 Apr 2021

The most recent hit of Moving-average cross on the daily candles completed at Tue 27 Apr 2021, 13 sessions ago, an up reading. It is not in progress now. Since then the close has moved +8.26% to 138.25.

What the candles did

The 9-candle average (122.38) crossed above the 21-candle average (122.06).

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) 6 times of 16 (38%). Median move in the hit's direction -2.82%; best +26.10%, worst -16.25%. Within the window the move typically reached +4.84% in the hit's favour and -7.83% against it. On this name it has more often gone the other way.

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

The rule, exactly as checked · fast = 9, slow = 21

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

Tue 27 Apr 2021 up The 9-candle average (122.38) crossed above the 21-candle average (122.06).
Mon 26 Apr 2021 down The 9-candle average (121.34) crossed below the 21-candle average (121.55).
Thu 04 Mar 2021 up The 9-candle average (81.16) crossed above the 21-candle average (80.99).
Thu 18 Feb 2021 down The 9-candle average (80.22) crossed below the 21-candle average (80.58).
Mon 08 Feb 2021 up The 9-candle average (81.89) crossed above the 21-candle average (81.35).
Wed 20 Jan 2021 down The 9-candle average (81.74) crossed below the 21-candle average (82.06).
Mon 04 Jan 2021 up The 9-candle average (81.55) crossed above the 21-candle average (81.35).
Mon 21 Dec 2020 down The 9-candle average (80.22) crossed below the 21-candle average (80.36).
Sat 14 Nov 2020 up The 9-candle average (73.67) crossed above the 21-candle average (73.00).
Tue 13 Oct 2020 down The 9-candle average (78.51) crossed below the 21-candle average (79.09).
Thu 17 Sep 2020 up The 9-candle average (74.62) crossed above the 21-candle average (74.05).
Tue 08 Sep 2020 down The 9-candle average (70.62) crossed below the 21-candle average (71.82).

Quiet Volume spike · Indicator-based · reading up

15 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Thu 29 Apr 2021

The most recent hit of Volume spike on the daily candles completed at Thu 29 Apr 2021, 11 sessions ago, an up reading. It is not in progress now. Since then the close has moved -2.26% to 138.25.

What the candles did

Volume 4.5× the average of the previous 20 candles (16,406,728 vs 3,625,047), on an up 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 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) 9 times of 15 (60%). Median move in the hit's direction +2.21%; best +26.10%, worst -11.58%. Within the window the move typically reached +8.23% in the hit's favour and -6.33% 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 · 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

Thu 29 Apr 2021 up Volume 4.5× the average of the previous 20 candles (16,406,728 vs 3,625,047), on an up candle.
Mon 15 Mar 2021 up Volume 13.7× the average of the previous 20 candles (42,283,610 vs 3,082,310), on an up candle.
Fri 12 Mar 2021 up Volume 11.0× the average of the previous 20 candles (22,161,628 vs 2,016,517), on an up candle.
Wed 10 Mar 2021 up Volume 7.1× the average of the previous 20 candles (10,833,597 vs 1,518,522), on an up candle.
Thu 04 Mar 2021 up Volume 5.1× the average of the previous 20 candles (7,072,293 vs 1,393,046), on an up candle.
Mon 08 Feb 2021 down Volume 6.7× the average of the previous 20 candles (6,072,960 vs 911,258), on a down candle.
Thu 26 Nov 2020 up Volume 4.1× the average of the previous 20 candles (3,911,987 vs 953,795), on an up candle.
Wed 29 Jul 2020 up Volume 4.0× the average of the previous 20 candles (11,917,267 vs 3,007,010), on an up candle.
Wed 08 Jul 2020 up Volume 3.5× the average of the previous 20 candles (8,424,517 vs 2,421,950), on an up candle.
Thu 18 Jun 2020 up Volume 3.5× the average of the previous 20 candles (6,125,592 vs 1,761,133), on an up candle.
Thu 11 Jun 2020 up Volume 4.3× the average of the previous 20 candles (5,641,010 vs 1,318,607), on an up candle.
Thu 28 May 2020 down Volume 4.1× the average of the previous 20 candles (4,045,390 vs 987,593), on a down candle.

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

12 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Wed 05 May 2021

The most recent hit of RSI into overbought / oversold on the daily candles completed at Wed 05 May 2021, 7 sessions ago, a down reading. It is not in progress now. Since then the close has moved -6.68% to 138.25.

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 10 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 4 times of 10 (40%). Median move in the hit's direction -1.52%; best +17.76%, worst -22.30%. Within the window the move typically reached +10.48% in the hit's favour and -9.83% 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 12 hits on this name

Wed 05 May 2021 down RSI(14) rose to 70, into the overbought zone above 70.
Mon 03 May 2021 down RSI(14) rose to 70, into the overbought zone above 70.
Tue 06 Apr 2021 down RSI(14) rose to 72, into the overbought zone above 70.
Mon 22 Mar 2021 down RSI(14) rose to 71, into the overbought zone above 70.
Wed 10 Mar 2021 down RSI(14) rose to 72, into the overbought zone above 70.
Wed 04 Nov 2020 up RSI(14) fell to 29, into the oversold zone below 30.
Wed 26 Aug 2020 down RSI(14) rose to 71, into the overbought zone above 70.
Tue 18 Aug 2020 down RSI(14) rose to 74, into the overbought zone above 70.
Wed 08 Jul 2020 down RSI(14) rose to 70, into the overbought zone above 70.
Mon 16 Mar 2020 up RSI(14) fell to 27, into the oversold zone below 30.
Thu 12 Mar 2020 up RSI(14) fell to 28, into the oversold zone below 30.
Mon 27 Jan 2020 down RSI(14) rose to 70, into the overbought zone above 70.

Quiet Shooting star · Single-candle shapes · reading down

10 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Fri 30 Apr 2021

The most recent hit of Shooting star on the daily candles completed at Fri 30 Apr 2021, 10 sessions ago, a down reading. It is not in progress now. Since then the close has moved -2.05% to 138.25.

What the candles did

Upper wick 7.20 is 4.4× the body, the lower wick is 12% of the range, after +14.81% over the 5 candles before; high 148.35, close 141.15.

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 2 times of 10 (20%). Median move in the hit's direction -8.35%; best +16.31%, worst -36.28%. Within the window the move typically reached +4.43% in the hit's favour and -13.81% 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

Fri 30 Apr 2021 down Upper wick 7.20 is 4.4× the body, the lower wick is 12% of the range, after +14.81% over the 5 candles before; high 148.35, close 141.15.
Wed 28 Apr 2021 down Upper wick 4.10 is 6.3× the body, the lower wick is 4% of the range, after +12.31% over the 5 candles before; high 133.65, close 129.55.
Mon 26 Apr 2021 down Upper wick 4.75 is 4.0× the body, the lower wick is 0% of the range, after +0.65% over the 5 candles before; high 129.50, close 124.75.
Tue 23 Mar 2021 down Upper wick 4.10 is 2.3× the body, the lower wick is 14% of the range, after +3.84% over the 5 candles before; high 122.90, close 117.00.
Mon 08 Mar 2021 down Upper wick 2.60 is 17.3× the body, the lower wick is 8% of the range, after +4.01% over the 5 candles before; high 88.60, close 85.85.
Thu 23 Jul 2020 down Upper wick 1.05 is 3.0× the body, the lower wick is 10% of the range, after +3.79% over the 5 candles before; high 61.30, close 59.90.
Wed 15 Jul 2020 down Upper wick 2.85 is 2.1× the body, the lower wick is 13% of the range, after +0.60% over the 5 candles before; high 62.35, close 58.15.
Thu 28 May 2020 down Upper wick 2.15 is 2.5× the body, the lower wick is 14% of the range, after +10.67% over the 5 candles before; high 52.70, close 49.70.
Thu 09 Apr 2020 down Upper wick 3.70 is 2.2× the body, the lower wick is 0% of the range, after +17.54% over the 5 candles before; high 50.40, close 46.70.
Mon 24 Feb 2020 down Upper wick 1.60 is 3.2× the body, the lower wick is 11% of the range, after +6.11% over the 5 candles before; high 60.35, close 58.25.

Quiet Evening star · Multi-candle shapes · reading down

9 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Wed 24 Mar 2021

The most recent hit of Evening star on the daily candles completed at Wed 24 Mar 2021, 33 sessions ago, a down reading. It is not in progress now. Since then the close has moved +21.86% to 138.25.

What the candles did

A long up candle (110.00→118.90), a small-bodied candle, then a down candle closing at 113.45, below the first candle's midpoint 114.45.

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 9 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 4 times of 9 (44%). Median move in the hit's direction -0.69%; best +8.95%, worst -18.73%. Within the window the move typically reached +6.58% in the hit's favour and -10.67% 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: 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 9 hits on this name

Wed 24 Mar 2021 down A long up candle (110.00→118.90), a small-bodied candle, then a down candle closing at 113.45, below the first candle's midpoint 114.45.
Mon 21 Sep 2020 down A long up candle (80.90→82.85), a small-bodied candle, then a down candle closing at 78.25, below the first candle's midpoint 81.88.
Mon 24 Aug 2020 down A long up candle (74.00→78.35), a small-bodied candle, then a down candle closing at 75.95, below the first candle's midpoint 76.17.
Fri 10 Jul 2020 down A long up candle (56.75→58.65), a small-bodied candle, then a down candle closing at 56.45, below the first candle's midpoint 57.70.
Mon 15 Jun 2020 down A long up candle (49.95→52.90), a small-bodied candle, then a down candle closing at 50.55, below the first candle's midpoint 51.42.
Fri 15 May 2020 down A long up candle (48.10→49.30), a small-bodied candle, then a down candle closing at 47.10, below the first candle's midpoint 48.70.
Wed 22 Apr 2020 down A long up candle (47.50→53.10), a small-bodied candle, then a down candle closing at 49.20, below the first candle's midpoint 50.30.
Tue 17 Mar 2020 down A long up candle (40.10→46.35), a small-bodied candle, then a down candle closing at 40.55, below the first candle's midpoint 43.23.
Tue 28 Jan 2020 down A long up candle (62.85→65.05), a small-bodied candle, then a down candle closing at 63.10, below the first candle's midpoint 63.95.

Quiet Morning star · Multi-candle shapes · reading up

8 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Tue 27 Apr 2021

The most recent hit of Morning star on the daily candles completed at Tue 27 Apr 2021, 13 sessions ago, an up reading. It is not in progress now. Since then the close has moved +8.26% to 138.25.

What the candles did

A long down candle (128.90→123.20), a small-bodied candle, then an up candle closing at 127.70, above the first candle's midpoint 126.05.

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 8 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 5 times of 8 (62%). Median move in the hit's direction +1.66%; best +13.17%, worst -7.96%. Within the window the move typically reached +9.28% in the hit's favour and -7.58% against it.

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

The rule, exactly as checked · 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 8 hits on this name

Tue 27 Apr 2021 up A long down candle (128.90→123.20), a small-bodied candle, then an up candle closing at 127.70, above the first candle's midpoint 126.05.
Thu 11 Feb 2021 up A long down candle (84.00→81.00), a small-bodied candle, then an up candle closing at 82.70, above the first candle's midpoint 82.50.
Wed 02 Sep 2020 up A long down candle (73.15→68.05), a small-bodied candle, then an up candle closing at 71.35, above the first candle's midpoint 70.60.
Wed 29 Jul 2020 up A long down candle (59.35→56.95), a small-bodied candle, then an up candle closing at 63.40, above the first candle's midpoint 58.15.
Fri 17 Jul 2020 up A long down candle (59.50→58.15), a small-bodied candle, then an up candle closing at 59.55, above the first candle's midpoint 58.83.
Tue 23 Jun 2020 up A long down candle (54.10→52.05), a small-bodied candle, then an up candle closing at 54.40, above the first candle's midpoint 53.08.
Thu 21 May 2020 up A long down candle (45.70→44.15), a small-bodied candle, then an up candle closing at 45.20, above the first candle's midpoint 44.92.
Wed 22 Jan 2020 up A long down candle (63.20→61.10), a small-bodied candle, then an up candle closing at 62.85, above the first candle's midpoint 62.15.

Quiet Bearish engulfing · Multi-candle shapes · reading down

7 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Fri 09 Apr 2021

The most recent hit of Bearish engulfing on the daily candles completed at Fri 09 Apr 2021, 23 sessions ago, a down reading. It is not in progress now. Since then the close has moved +2.64% to 138.25.

What the candles did

An up candle (136.00→136.85) followed by a down candle (136.90→134.70) whose body covers it, after +14.54% over the 5 candles before.

What this pattern is taken to mean

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

What followed on this name's own record

After 7 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 3 times of 7 (43%). Median move in the hit's direction -8.25%; best +8.48%, worst -19.32%. Within the window the move typically reached +5.18% in the hit's favour and -9.34% 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 · 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 7 hits on this name

Fri 09 Apr 2021 down An up candle (136.00→136.85) followed by a down candle (136.90→134.70) whose body covers it, after +14.54% over the 5 candles before.
Tue 17 Nov 2020 down An up candle (77.80→78.35) followed by a down candle (78.95→77.60) whose body covers it, after +2.25% over the 5 candles before.
Mon 10 Aug 2020 down An up candle (64.80→67.80) followed by a down candle (68.45→63.75) whose body covers it, after +8.49% over the 5 candles before.
Wed 24 Jun 2020 down An up candle (52.15→54.40) followed by a down candle (55.05→51.75) whose body covers it, after +8.55% over the 5 candles before.
Wed 03 Jun 2020 down An up candle (49.35→50.05) followed by a down candle (50.40→49.25) whose body covers it, after +9.67% over the 5 candles before.
Mon 13 Apr 2020 down An up candle (45.00→46.70) followed by a down candle (46.90→44.25) whose body covers it, after +17.54% over the 5 candles before.
Tue 28 Jan 2020 down An up candle (65.50→65.80) followed by a down candle (66.40→63.10) whose body covers it, after +6.46% over the 5 candles before.

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

6 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Tue 23 Mar 2021

The most recent hit of Trend line: slope, length, strength on the daily candles completed at Tue 23 Mar 2021, 33 sessions ago, an up reading. It held for 2 sessions, through Wed 24 Mar 2021. It is not in progress now. Since then the close has moved +21.86% to 138.25.

What the candles did

Over the last 20 candles the fitted line rises 2.50% per candle with R² 0.81; 19 candles since the low of the window, +51.16% from it, but the last close has slipped from the line.

Where it stands on the latest candle

Slope +0.97% per candle (up), R² 0.52 (choppy), 17 candles from the window's low, +21.59% from it; the last close is off the line.

What this pattern is taken to mean

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

What followed on this name's own record

After 6 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 3 times of 6 (50%). Median move in the hit's direction -1.33%; best +18.99%, worst -7.02%. Within the window the move typically reached +9.02% in the hit's favour and -7.17% 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

Tue 23 Mar 2021 up Over the last 20 candles the fitted line rises 2.50% per candle with R² 0.81; 19 candles since the low of the window, +51.16% from it, but the last close has slipped from the line.
Mon 26 Oct 2020 down Over the last 20 candles the fitted line falls 0.65% per candle with R² 0.88; 18 candles since the high of the window, -11.09% from it, but the last close has slipped from the line.
Wed 19 Aug 2020 up Over the last 20 candles the fitted line rises 1.25% per candle with R² 0.82; 17 candles since the low of the window, +31.52% from it, and the last close is still with the line.
Tue 21 Jul 2020 up Over the last 20 candles the fitted line rises 0.98% per candle with R² 0.86; 16 candles since the low of the window, +19.74% from it, and the last close is still with the line.
Tue 21 Apr 2020 up Over the last 20 candles the fitted line rises 2.02% per candle with R² 0.82; 15 candles since the low of the window, +44.22% from it, and the last close is still with the line.
Fri 13 Mar 2020 down Over the last 20 candles the fitted line falls 1.20% per candle with R² 0.80; 14 candles since the high of the window, -22.69% from it, and the last close is still with the line.

Quiet Marubozu · Single-candle shapes · reading down

6 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Mon 10 May 2021

The most recent hit of Marubozu on the daily candles completed at Mon 10 May 2021, 4 sessions ago, a down reading. It is not in progress now. Since then the close has moved +1.43% to 138.25.

What the candles did

Body 8.70 is 91% of the range: opened near the high and closed near the low (145.00→136.30).

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 5 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 1 times of 5 (20%). Median move in the hit's direction -5.50%; best +4.28%, worst -10.61%. Within the window the move typically reached +3.05% in the hit's favour and -8.23% 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 6 hits on this name

Mon 10 May 2021 down Body 8.70 is 91% of the range: opened near the high and closed near the low (145.00→136.30).
Mon 15 Mar 2021 up Body 15.95 is 94% of the range: opened near the low and closed near the high (107.60→123.55).
Mon 15 Feb 2021 down Body 2.75 is 96% of the range: opened near the high and closed near the low (81.55→78.80).
Thu 12 Nov 2020 up Body 4.20 is 98% of the range: opened near the low and closed near the high (71.70→75.90).
Mon 28 Sep 2020 up Body 3.50 is 91% of the range: opened near the low and closed near the high (77.90→81.40).
Mon 18 May 2020 down Body 2.25 is 94% of the range: opened near the high and closed near the low (47.50→45.25).

Quiet Bullish engulfing · Multi-candle shapes · reading up

5 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Thu 22 Apr 2021

The most recent hit of Bullish engulfing on the daily candles completed at Thu 22 Apr 2021, 16 sessions ago, an up reading. It is not in progress now. Since then the close has moved +7.92% to 138.25.

What the candles did

A down candle (116.65→113.70) followed by an up candle (113.00→128.10) whose body covers it, after -2.45% 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 5 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 2 times of 5 (40%). Median move in the hit's direction -5.47%; best +12.10%, worst -18.99%. Within the window the move typically reached +6.02% in the hit's favour and -6.72% 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 · 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 5 hits on this name

Thu 22 Apr 2021 up A down candle (116.65→113.70) followed by an up candle (113.00→128.10) whose body covers it, after -2.45% over the 5 candles before.
Thu 15 Oct 2020 up A down candle (75.25→74.90) followed by an up candle (74.90→75.85) whose body covers it, after -4.08% over the 5 candles before.
Tue 12 May 2020 up A down candle (46.25→45.50) followed by an up candle (45.10→46.30) whose body covers it, after -3.37% over the 5 candles before.
Fri 13 Mar 2020 up A down candle (46.30→45.50) followed by an up candle (40.10→46.35) whose body covers it, after -3.21% over the 5 candles before.
Tue 18 Feb 2020 up A down candle (56.90→55.75) followed by an up candle (55.45→58.15) whose body covers it, after -3.91% over the 5 candles before.

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

4 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Fri 22 Jan 2021

The most recent hit of Bollinger squeeze, then a break on the daily candles completed at Fri 22 Jan 2021, 74 sessions ago, a down reading. It is not in progress now. Since then the close has moved +76.56% to 138.25.

What the candles did

Closed at 78.30, below the lower band (78.49) 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 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 3 of 4 times, median move +4.57%.

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 4 hits on this name

Fri 22 Jan 2021 down Closed at 78.30, below the lower band (78.49) after the bands had narrowed to their tightest in 60 candles.
Fri 07 Aug 2020 up Closed at 67.80, above the upper band (66.12) after the bands had narrowed to their tightest in 60 candles.
Wed 08 Jul 2020 up Closed at 58.65, above the upper band (56.83) after the bands had narrowed to their tightest in 60 candles.
Tue 23 Jun 2020 up Closed at 54.40, above the upper band (53.91) after the bands had narrowed to their tightest in 60 candles.

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

3 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Fri 30 Oct 2020

The most recent hit of N consecutive falling candles on the daily candles completed at Fri 30 Oct 2020, 132 sessions ago, a down reading. It is not in progress now. Since then the close has moved +93.90% to 138.25.

What the candles did

5 consecutive falling closes, from 75.10 to 71.30 (-5.06%).

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

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 3 hits on this name

Fri 30 Oct 2020 down 5 consecutive falling closes, from 75.10 to 71.30 (-5.06%).
Mon 12 Oct 2020 down 5 consecutive falling closes, from 81.15 to 75.85 (-6.53%).
Mon 27 Jul 2020 down 5 consecutive falling closes, from 61.55 to 56.95 (-7.47%).

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

2 hits in 341 candles · test this one alone Sign in to be alerted

Last seen Mon 17 Aug 2020

The most recent hit of N consecutive rising candles on the daily candles completed at Mon 17 Aug 2020, 185 sessions ago, an up reading. It is not in progress now. Since then the close has moved +94.31% to 138.25.

What the candles did

5 consecutive rising closes, from 63.75 to 71.15 (+11.61%).

Where it stands on the latest candle

1 rising close in a row so far (+0.44%); 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 2 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 1 of 2 times, median move +5.08%.

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 2 hits on this name

Mon 17 Aug 2020 up 5 consecutive rising closes, from 63.75 to 71.15 (+11.61%).
Mon 06 Jul 2020 up 5 consecutive rising closes, from 50.90 to 53.75 (+5.60%).

Quiet Hammer · Single-candle shapes · reading up

1 hit in 341 candles · test this one alone Sign in to be alerted

Last seen Mon 25 Jan 2021

The most recent hit of Hammer on the daily candles completed at Mon 25 Jan 2021, 73 sessions ago, an up reading. It is not in progress now. Since then the close has moved +77.13% to 138.25.

What the candles did

Lower wick 1.95 is 2.1× the body, the upper wick is 12% of the range, after -2.37% over the 5 candles before; low 76.10, close 78.05.

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 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 +3.78%.

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 1 hit on this name

Mon 25 Jan 2021 up Lower wick 1.95 is 2.1× the body, the upper wick is 12% of the range, after -2.37% over the 5 candles before; low 76.10, close 78.05.

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

0 hits in 341 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 341 daily candles stored for this name (from Wed 01 Jan 2020 to Mon 17 May 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · level = 0

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

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Not seen on the daily candles on file

Three white soldiers did not complete anywhere in the 341 daily candles stored for this name (from Wed 01 Jan 2020 to Mon 17 May 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · wick_pct = 30

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 341 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 341 daily candles stored for this name (from Wed 01 Jan 2020 to Mon 17 May 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · wick_pct = 30

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.