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Patterns

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

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

PRADIP · PRADIP · daily candles

110 candles on file from 2 Jan 2020 as of the close of 14 Oct 2021 last close ₹1.15 judged 10 candles after each hit the outlook for the coming hours and days →

The candles, with the hits marked

last 110 of 110 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named
1.200.301.15 last2 Jan 202031 Mar 202014 Oct 20212 Jan 2020 O 0.60 H 0.60 L 0.60 C 0.608 Jan 2020 O 0.55 H 0.60 L 0.55 C 0.609 Jan 2020 O 0.55 H 0.60 L 0.55 C 0.5510 Jan 2020 O 0.50 H 0.50 L 0.50 C 0.5013 Jan 2020 O 0.45 H 0.55 L 0.45 C 0.5514 Jan 2020 O 0.50 H 0.55 L 0.50 C 0.5515 Jan 2020 O 0.50 H 0.55 L 0.50 C 0.5016 Jan 2020 O 0.50 H 0.55 L 0.50 C 0.5517 Jan 2020 O 0.55 H 0.55 L 0.55 C 0.5520 Jan 2020 O 0.50 H 0.55 L 0.50 C 0.5021 Jan 2020 O 0.55 H 0.55 L 0.45 C 0.5022 Jan 2020 O 0.50 H 0.50 L 0.50 C 0.5023 Jan 2020 O 0.50 H 0.55 L 0.50 C 0.5524 Jan 2020 O 0.55 H 0.55 L 0.50 C 0.5028 Jan 2020 O 0.50 H 0.55 L 0.50 C 0.5529 Jan 2020 O 0.55 H 0.55 L 0.50 C 0.5030 Jan 2020 O 0.45 H 0.55 L 0.45 C 0.5531 Jan 2020 O 0.55 H 0.55 L 0.55 C 0.553 Feb 2020 O 0.55 H 0.55 L 0.45 C 0.554 Feb 2020 O 0.50 H 0.55 L 0.50 C 0.555 Feb 2020 O 0.50 H 0.50 L 0.50 C 0.506 Feb 2020 O 0.45 H 0.55 L 0.45 C 0.507 Feb 2020 O 0.45 H 0.45 L 0.45 C 0.4510 Feb 2020 O 0.45 H 0.50 L 0.45 C 0.4511 Feb 2020 O 0.45 H 0.45 L 0.45 C 0.4512 Feb 2020 O 0.45 H 0.45 L 0.45 C 0.4513 Feb 2020 O 0.45 H 0.45 L 0.40 C 0.4514 Feb 2020 O 0.40 H 0.50 L 0.40 C 0.5017 Feb 2020 O 0.45 H 0.45 L 0.45 C 0.4518 Feb 2020 O 0.40 H 0.40 L 0.40 C 0.4019 Feb 2020 O 0.45 H 0.45 L 0.40 C 0.4520 Feb 2020 O 0.45 H 0.45 L 0.40 C 0.4024 Feb 2020 O 0.40 H 0.45 L 0.40 C 0.4525 Feb 2020 O 0.40 H 0.45 L 0.40 C 0.4526 Feb 2020 O 0.40 H 0.45 L 0.40 C 0.4528 Feb 2020 O 0.40 H 0.45 L 0.40 C 0.402 Mar 2020 O 0.35 H 0.40 L 0.35 C 0.403 Mar 2020 O 0.45 H 0.45 L 0.35 C 0.454 Mar 2020 O 0.45 H 0.45 L 0.45 C 0.455 Mar 2020 O 0.40 H 0.45 L 0.40 C 0.406 Mar 2020 O 0.35 H 0.35 L 0.35 C 0.359 Mar 2020 O 0.30 H 0.35 L 0.30 C 0.3512 Mar 2020 O 0.35 H 0.35 L 0.35 C 0.3513 Mar 2020 O 0.30 H 0.40 L 0.30 C 0.3516 Mar 2020 O 0.30 H 0.35 L 0.30 C 0.3517 Mar 2020 O 0.30 H 0.35 L 0.30 C 0.3518 Mar 2020 O 0.30 H 0.40 L 0.30 C 0.3019 Mar 2020 O 0.30 H 0.35 L 0.30 C 0.3520 Mar 2020 O 0.35 H 0.35 L 0.35 C 0.3523 Mar 2020 O 0.40 H 0.40 L 0.30 C 0.3524 Mar 2020 O 0.30 H 0.35 L 0.30 C 0.3525 Mar 2020 O 0.35 H 0.35 L 0.30 C 0.3526 Mar 2020 O 0.30 H 0.40 L 0.30 C 0.3027 Mar 2020 O 0.30 H 0.35 L 0.30 C 0.3530 Mar 2020 O 0.35 H 0.40 L 0.30 C 0.3031 Mar 2020 O 0.35 H 0.35 L 0.30 C 0.351 Apr 2020 O 0.40 H 0.40 L 0.40 C 0.403 Apr 2020 O 0.45 H 0.45 L 0.45 C 0.457 Apr 2020 O 0.50 H 0.50 L 0.50 C 0.508 Apr 2020 O 0.55 H 0.55 L 0.55 C 0.559 Apr 2020 O 0.60 H 0.60 L 0.60 C 0.6013 Apr 2020 O 0.65 H 0.65 L 0.65 C 0.6511 Jan 2021 O 1.00 H 1.00 L 0.90 C 1.0012 Jan 2021 O 1.05 H 1.05 L 1.05 C 1.0513 Jan 2021 O 1.10 H 1.10 L 1.00 C 1.009 Mar 2021 O 0.95 H 1.05 L 0.95 C 1.0516 Mar 2021 O 1.00 H 1.00 L 1.00 C 1.0012 Apr 2021 O 0.95 H 0.95 L 0.95 C 0.9526 Apr 2021 O 0.90 H 0.90 L 0.90 C 0.903 May 2021 O 0.85 H 0.85 L 0.85 C 0.8510 May 2021 O 0.80 H 0.80 L 0.80 C 0.8011 May 2021 O 0.80 H 0.85 L 0.75 C 0.8512 May 2021 O 0.85 H 0.90 L 0.80 C 0.9014 May 2021 O 0.85 H 0.90 L 0.85 C 0.9017 May 2021 O 0.90 H 0.90 L 0.85 C 0.8518 May 2021 O 0.85 H 0.90 L 0.85 C 0.9019 May 2021 O 0.90 H 0.95 L 0.90 C 0.9520 May 2021 O 1.00 H 1.00 L 1.00 C 1.0021 May 2021 O 1.00 H 1.05 L 1.00 C 1.0524 May 2021 O 1.05 H 1.10 L 1.00 C 1.1025 May 2021 O 1.05 H 1.15 L 1.05 C 1.0531 May 2021 O 1.05 H 1.10 L 1.05 C 1.107 Jun 2021 O 1.10 H 1.15 L 1.05 C 1.1514 Jun 2021 O 1.10 H 1.10 L 1.10 C 1.1028 Jun 2021 O 1.05 H 1.05 L 1.05 C 1.055 Jul 2021 O 1.05 H 1.05 L 1.05 C 1.0512 Jul 2021 O 1.10 H 1.10 L 1.05 C 1.0513 Jul 2021 O 1.00 H 1.10 L 1.00 C 1.1014 Jul 2021 O 1.10 H 1.15 L 1.05 C 1.1515 Jul 2021 O 1.20 H 1.20 L 1.10 C 1.1019 Jul 2021 O 1.10 H 1.10 L 1.05 C 1.0526 Jul 2021 O 1.00 H 1.00 L 1.00 C 1.002 Aug 2021 O 0.95 H 1.00 L 0.95 C 1.009 Aug 2021 O 0.95 H 1.00 L 0.95 C 0.9530 Aug 2021 O 0.90 H 1.00 L 0.90 C 0.9515 Sep 2021 O 0.95 H 1.00 L 0.90 C 0.9516 Sep 2021 O 0.95 H 0.95 L 0.90 C 0.9522 Sep 2021 O 0.95 H 1.00 L 0.95 C 1.0023 Sep 2021 O 1.00 H 1.00 L 0.95 C 1.0024 Sep 2021 O 1.00 H 1.00 L 1.00 C 1.0027 Sep 2021 O 1.00 H 1.00 L 1.00 C 1.0029 Sep 2021 O 0.95 H 0.95 L 0.95 C 0.9530 Sep 2021 O 0.90 H 1.00 L 0.90 C 0.954 Oct 2021 O 0.90 H 1.00 L 0.90 C 0.955 Oct 2021 O 1.00 H 1.00 L 1.00 C 1.006 Oct 2021 O 1.00 H 1.00 L 1.00 C 1.0011 Oct 2021 O 1.00 H 1.05 L 1.00 C 1.0012 Oct 2021 O 1.05 H 1.05 L 1.05 C 1.0513 Oct 2021 O 1.10 H 1.10 L 1.10 C 1.1014 Oct 2021 O 1.10 H 1.15 L 1.05 C 1.15Tue 05 Oct 2021Thu 14 Oct 2021Wed 13 Oct 2021Mon 11 Oct 2021Wed 13 Oct 2021Wed 13 Oct 2021Mon 24 May 2021

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

29 hits in 110 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Thu 14 Oct 2021

Move of X% within M candles has held from the candle of Tue 05 Oct 2021 through the newest one on file (6 sessions), an up reading. It is in progress now.

What the candles did

+5.26% in the last 3 candles, 0.95 to 1.00.

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 27 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 27 (41%). Median move in the hit's direction -0.00%; best +200.00%, worst -233.33%. Within the window the move typically reached +10.00% in the hit's favour and -14.29% against it. On this name it has more often gone the other way.

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

The rule, exactly as checked · pct = 2, candles = 3
  1. For each candle, take the close M candles earlier.
  2. Move % = close now / close then − 1.
  3. The pattern completes when |move %| ≥ pct; direction is the sign.
  4. Consecutive candles that all qualify in the same direction count once, at the first of them.
The last 12 hits on this name
  • Tue 05 Oct 2021 up +5.26% in the last 3 candles, 0.95 to 1.00.
  • Wed 29 Sep 2021 down -5.00% in the last 3 candles, 1.00 to 0.95.
  • Wed 22 Sep 2021 up +5.26% in the last 3 candles, 0.95 to 1.00.
  • Mon 19 Jul 2021 down -4.55% in the last 3 candles, 1.10 to 1.05.
  • Tue 13 Jul 2021 up +4.76% in the last 3 candles, 1.05 to 1.10.
  • Mon 28 Jun 2021 down -4.55% in the last 3 candles, 1.10 to 1.05.
  • Wed 19 May 2021 up +5.56% in the last 3 candles, 0.90 to 0.95.
  • Wed 12 May 2021 up +5.88% in the last 3 candles, 0.85 to 0.90.
  • Tue 16 Mar 2021 down -4.76% in the last 3 candles, 1.05 to 1.00.
  • Tue 31 Mar 2020 up +16.67% in the last 3 candles, 0.30 to 0.35.
  • Mon 30 Mar 2020 down -14.29% in the last 3 candles, 0.35 to 0.30.
  • Thu 26 Mar 2020 down -14.29% in the last 3 candles, 0.35 to 0.30.

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

3 hits in 110 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Thu 14 Oct 2021

Moving-average cross completed on the candle that closed at Thu 14 Oct 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 (1.02) crossed above the 21-candle average (1.00).

What this pattern is taken to mean

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

What followed on this name's own record

Only 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 +42.63%.

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

The rule, exactly as checked · fast = 9, slow = 21
  1. Compute SMA(fast) and SMA(slow) of the closes.
  2. The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
  3. fast must be smaller than slow, else nothing is reported.
The last 3 hits on this name
  • Thu 14 Oct 2021 up The 9-candle average (1.02) crossed above the 21-candle average (1.00).
  • Wed 15 Sep 2021 down The 9-candle average (1.03) crossed below the 21-candle average (1.04).
  • Tue 07 Apr 2020 up The 9-candle average (0.37) crossed above the 21-candle average (0.36).

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

66 hits in 110 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Wed 13 Oct 2021

Gap at the open completed on the daily candle of Wed 13 Oct 2021, an up reading, 1 session before the latest one (which closed at Thu 14 Oct 2021 at 1.15). Since the hit the close has moved +4.55%.

What the candles did

Opened at 1.10, +4.76% above the previous close of 1.05.

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 60 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 29 times of 60 (48%). Median move in the hit's direction -0.00%; best +200.00%, worst -233.33%. Within the window the move typically reached +14.29% in the hit's favour and -10.00% 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
  1. At the first candle of each session, compare its open with the last close of the previous session.
  2. Gap % = open / previous close − 1.
  3. The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
  4. On daily candles this is simply open vs the previous day's close.
The last 12 hits on this name
  • Wed 13 Oct 2021 up Opened at 1.10, +4.76% above the previous close of 1.05.
  • Tue 12 Oct 2021 up Opened at 1.05, +5.00% above the previous close of 1.00.
  • Tue 05 Oct 2021 up Opened at 1.00, +5.26% above the previous close of 0.95.
  • Mon 04 Oct 2021 down Opened at 0.90, -5.26% below the previous close of 0.95.
  • Thu 30 Sep 2021 down Opened at 0.90, -5.26% below the previous close of 0.95.
  • Wed 29 Sep 2021 down Opened at 0.95, -5.00% below the previous close of 1.00.
  • Mon 30 Aug 2021 down Opened at 0.90, -5.26% below the previous close of 0.95.
  • Mon 09 Aug 2021 down Opened at 0.95, -5.00% below the previous close of 1.00.
  • Mon 02 Aug 2021 down Opened at 0.95, -5.00% below the previous close of 1.00.
  • Mon 26 Jul 2021 down Opened at 1.00, -4.76% below the previous close of 1.05.
  • Thu 15 Jul 2021 up Opened at 1.20, +4.35% above the previous close of 1.15.
  • Tue 13 Jul 2021 down Opened at 1.00, -4.76% below the previous close of 1.05.

Just hit Doji · Single-candle shapes · reading neutral

21 hits in 110 candles · test this one alone Sign in to be alerted

Hit 3 sessions ago — Mon 11 Oct 2021

Doji completed on the daily candle of Mon 11 Oct 2021, a neutral reading, 3 sessions before the latest one (which closed at Thu 14 Oct 2021 at 1.15). Since the hit the close has moved +15.00%.

What the candles did

Body 0.00 is 0% of the 0.05 range: open 1.00, close 1.00, high 1.05, low 1.00.

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 20 earlier hits on this name's daily candles, the close 10 sessions later was higher 9 times of 20 (45%). Median move +0.00%; best +233.33%, worst -22.22%. 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 · body_pct = 10
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≤ body_pct of the range.
The last 12 hits on this name
  • Mon 11 Oct 2021 neutral Body 0.00 is 0% of the 0.05 range: open 1.00, close 1.00, high 1.05, low 1.00.
  • Thu 23 Sep 2021 neutral Body 0.00 is 0% of the 0.05 range: open 1.00, close 1.00, high 1.00, low 0.95.
  • Thu 16 Sep 2021 neutral Body 0.00 is 0% of the 0.05 range: open 0.95, close 0.95, high 0.95, low 0.90.
  • Wed 15 Sep 2021 neutral Body 0.00 is 0% of the 0.10 range: open 0.95, close 0.95, high 1.00, low 0.90.
  • Mon 09 Aug 2021 neutral Body 0.00 is 0% of the 0.05 range: open 0.95, close 0.95, high 1.00, low 0.95.
  • Tue 25 May 2021 neutral Body 0.00 is 0% of the 0.10 range: open 1.05, close 1.05, high 1.15, low 1.05.
  • Mon 11 Jan 2021 neutral Body 0.00 is 0% of the 0.10 range: open 1.00, close 1.00, high 1.00, low 0.90.
  • Tue 31 Mar 2020 neutral Body 0.00 is 0% of the 0.05 range: open 0.35, close 0.35, high 0.35, low 0.30.
  • Thu 26 Mar 2020 neutral Body 0.00 is 0% of the 0.10 range: open 0.30, close 0.30, high 0.40, low 0.30.
  • Wed 25 Mar 2020 neutral Body 0.00 is 0% of the 0.05 range: open 0.35, close 0.35, high 0.35, low 0.30.
  • Wed 18 Mar 2020 neutral Body 0.00 is 0% of the 0.10 range: open 0.30, close 0.30, high 0.40, low 0.30.
  • Thu 05 Mar 2020 neutral Body 0.00 is 0% of the 0.05 range: open 0.40, close 0.40, high 0.45, low 0.40.

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

4 hits in 110 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Wed 13 Oct 2021

Inside bar, then a breakout completed on the daily candle of Wed 13 Oct 2021, an up reading, 1 session before the latest one (which closed at Thu 14 Oct 2021 at 1.15). Since the hit the close has moved +4.55%.

What the candles did

An inside candle (1.05–1.05) within the one before it (1.00–1.05), then a close at 1.10 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

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 +5.26%.

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

The rule, exactly as checked
  1. Take three consecutive candles: mother, inside, break.
  2. Inside: its high ≤ mother high and its low ≥ mother low.
  3. The pattern completes when the third candle closes above the mother high (up) or below the mother low (down).
The last 4 hits on this name
  • Wed 13 Oct 2021 up An inside candle (1.05–1.05) within the one before it (1.00–1.05), then a close at 1.10 above that range.
  • Wed 29 Sep 2021 down An inside candle (1.00–1.00) within the one before it (1.00–1.00), then a close at 0.95 below that range.
  • Wed 19 May 2021 up An inside candle (0.85–0.90) within the one before it (0.85–0.90), then a close at 0.95 above that range.
  • Fri 10 Jan 2020 down An inside candle (0.55–0.60) within the one before it (0.55–0.60), then a close at 0.50 below that range.

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

1 hit in 110 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Wed 13 Oct 2021

Bollinger squeeze, then a break completed on the daily candle of Wed 13 Oct 2021, an up reading, 1 session before the latest one (which closed at Thu 14 Oct 2021 at 1.15). Since the hit the close has moved +4.55%.

What the candles did

Closed at 1.10, above the upper band (1.09) after the bands had narrowed to their tightest in 60 candles.

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · n = 20, k = 2, squeeze = 60
  1. Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
  2. Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
  3. The pattern completes on a candle that closes above the upper band having been at or below it the candle before (up), or the mirror below the lower band (down), while squeezed.
The last 1 hit on this name
  • Wed 13 Oct 2021 up Closed at 1.10, above the upper band (1.09) after the bands had narrowed to their tightest in 60 candles.

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

2 hits in 110 candles · test this one alone Sign in to be alerted

Last seen Mon 24 May 2021

The most recent hit of N consecutive rising candles on the daily candles completed at Mon 24 May 2021, 30 sessions ago, an up reading. It is not in progress now. Since then the close has moved +4.55% to 1.15.

What the candles did

5 consecutive rising closes, from 0.85 to 1.10 (+29.41%).

Where it stands on the latest candle

3 rising closes in a row so far (+15.00%); 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 +27.27%.

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

The rule, exactly as checked · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: how long the current streak is against N, and whether the last close is still rising.
The last 2 hits on this name
  • Mon 24 May 2021 up 5 consecutive rising closes, from 0.85 to 1.10 (+29.41%).
  • Wed 08 Apr 2020 up 5 consecutive rising closes, from 0.30 to 0.55 (+83.33%).

Quiet Marubozu · Single-candle shapes · reading up

36 hits in 110 candles · test this one alone Sign in to be alerted

Last seen Wed 22 Sep 2021

The most recent hit of Marubozu on the daily candles completed at Wed 22 Sep 2021, 12 sessions ago, an up reading. It is not in progress now. Since then the close has moved +15.00% to 1.15.

What the candles did

Body 0.05 is 100% of the range: opened near the low and closed near the high (0.95→1.00).

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 36 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) 15 times of 36 (42%). Median move in the hit's direction +0.00%; best +200.00%, worst -27.27%. Within the window the move typically reached +9.31% in the hit's favour and -14.29% against it. On this name it has more often gone the other way.

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

The rule, exactly as checked · body_pct = 90
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≥ body_pct of the range.
  3. Direction is the candle's colour.
The last 12 hits on this name
  • Wed 22 Sep 2021 up Body 0.05 is 100% of the range: opened near the low and closed near the high (0.95→1.00).
  • Mon 02 Aug 2021 up Body 0.05 is 100% of the range: opened near the low and closed near the high (0.95→1.00).
  • Mon 19 Jul 2021 down Body 0.05 is 100% of the range: opened near the high and closed near the low (1.10→1.05).
  • Thu 15 Jul 2021 down Body 0.10 is 100% of the range: opened near the high and closed near the low (1.20→1.10).
  • Tue 13 Jul 2021 up Body 0.10 is 100% of the range: opened near the low and closed near the high (1.00→1.10).
  • Mon 12 Jul 2021 down Body 0.05 is 100% of the range: opened near the high and closed near the low (1.10→1.05).
  • Mon 31 May 2021 up Body 0.05 is 100% of the range: opened near the low and closed near the high (1.05→1.10).
  • Fri 21 May 2021 up Body 0.05 is 100% of the range: opened near the low and closed near the high (1.00→1.05).
  • Wed 19 May 2021 up Body 0.05 is 100% of the range: opened near the low and closed near the high (0.90→0.95).
  • Tue 18 May 2021 up Body 0.05 is 100% of the range: opened near the low and closed near the high (0.85→0.90).
  • Mon 17 May 2021 down Body 0.05 is 100% of the range: opened near the high and closed near the low (0.90→0.85).
  • Fri 14 May 2021 up Body 0.05 is 100% of the range: opened near the low and closed near the high (0.85→0.90).

Quiet Volume spike · Indicator-based · reading neutral

8 hits in 110 candles · test this one alone Sign in to be alerted

Last seen Thu 16 Sep 2021

The most recent hit of Volume spike on the daily candles completed at Thu 16 Sep 2021, 13 sessions ago, a neutral reading. It is not in progress now. Since then the close has moved +21.05% to 1.15.

What the candles did

Volume 4.4× the average of the previous 20 candles (57,296 vs 13,119), on a flat 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 8 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 4 times of 8 (50%). Median move in the hit's direction +2.63%; best +233.33%, worst -22.22%. Within the window the move typically reached +7.89% in the hit's favour and -8.19% against it. On this name that is a coin toss.

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

The rule, exactly as checked · times = 3, candles = 20
  1. Average the volume of the previous M candles (those that reported one).
  2. The pattern completes when this candle's volume ≥ times × that average.
  3. Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.
The last 8 hits on this name
  • Thu 16 Sep 2021 neutral Volume 4.4× the average of the previous 20 candles (57,296 vs 13,119), on a flat candle.
  • Wed 15 Sep 2021 neutral Volume 5.2× the average of the previous 20 candles (55,616 vs 10,693), on a flat candle.
  • Mon 30 Aug 2021 up Volume 3.3× the average of the previous 20 candles (30,801 vs 9,253), on an up candle.
  • Tue 16 Mar 2021 neutral Volume 9.5× the average of the previous 20 candles (84,700 vs 8,896), on a flat candle.
  • Thu 26 Mar 2020 neutral Volume 4.6× the average of the previous 20 candles (24,715 vs 5,413), on a flat candle.
  • Fri 13 Mar 2020 up Volume 4.2× the average of the previous 20 candles (21,960 vs 5,259), on an up candle.
  • Mon 24 Feb 2020 up Volume 3.8× the average of the previous 20 candles (12,681 vs 3,378), on an up candle.
  • Mon 10 Feb 2020 neutral Volume 14.1× the average of the previous 20 candles (29,797 vs 2,119), on a flat candle.

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

4 hits in 110 candles · test this one alone Sign in to be alerted

Last seen Mon 07 Jun 2021

The most recent hit of RSI into overbought / oversold on the daily candles completed at Mon 07 Jun 2021, 27 sessions ago, a down reading. It is not in progress now. Since then the close has moved +0.00% to 1.15.

What the candles did

RSI(14) rose to 71, into the overbought zone above 70.

What this pattern is taken to mean

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

What followed on this name's own record

Only 4 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 2 of 4 times, median move +16.67%.

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

The rule, exactly as checked · n = 14, high = 70, low = 30
  1. Compute RSI(n) from the closes (Wilder smoothing).
  2. The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
  3. Only the crossing candle is a hit, not every candle spent inside the zone.
The last 4 hits on this name
  • Mon 07 Jun 2021 down RSI(14) rose to 71, into the overbought zone above 70.
  • Mon 24 May 2021 down RSI(14) rose to 72, into the overbought zone above 70.
  • Thu 09 Apr 2020 down RSI(14) rose to 71, into the overbought zone above 70.
  • Wed 18 Mar 2020 up RSI(14) fell to 30, into the oversold zone below 30.

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

2 hits in 110 candles · test this one alone Sign in to be alerted

Last seen Wed 15 Sep 2021

The most recent hit of Lower highs and lower lows on the daily candles completed at Wed 15 Sep 2021, 14 sessions ago, a down reading. It is not in progress now. Since then the close has moved +21.05% to 1.15.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 1.00, 0.95, 0.90; highs 1.20, 1.00.

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

Only 2 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 0 of 2 times, median move +13.74%.

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

The rule, exactly as checked · swings = 2, swing_pct = 3
  1. Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high below the previous swing high, and each swing low below the previous swing low.
  4. The pattern completes on the candle where the last pivot was confirmed.
  5. The last swing high is reported as the level the structure hangs from.
The last 2 hits on this name
  • Wed 15 Sep 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 1.00, 0.95, 0.90; highs 1.20, 1.00.
  • Fri 14 May 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 0.95, 0.75; highs 1.10, 1.00, 0.90.

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

1 hit in 110 candles · test this one alone Sign in to be alerted

Last seen Mon 10 May 2021

The most recent hit of N consecutive falling candles on the daily candles completed at Mon 10 May 2021, 39 sessions ago, a down reading. It is not in progress now. Since then the close has moved +43.75% to 1.15.

What the candles did

5 consecutive falling closes, from 1.05 to 0.80 (-23.81%).

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 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 +31.25%.

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

The rule, exactly as checked · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: the current streak against N.
The last 1 hit on this name
  • Mon 10 May 2021 down 5 consecutive falling closes, from 1.05 to 0.80 (-23.81%).

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

1 hit in 110 candles · test this one alone Sign in to be alerted

Last seen Mon 12 Apr 2021

The most recent hit of Trend line: slope, length, strength on the daily candles completed at Mon 12 Apr 2021, 40 sessions ago, an up reading. It held for 3 sessions, through Mon 03 May 2021. It is not in progress now. Since then the close has moved +35.29% to 1.15.

What the candles did

Over the last 20 candles the fitted line rises 7.54% per candle with R² 0.82; 15 candles since the low of the window, +216.67% from it, but the last close has slipped from the line.

Where it stands on the latest candle

Slope +0.42% per candle (up), R² 0.21 (choppy), 16 candles from the window's low, +21.05% from it; the last close is with the line.

What this pattern is taken to mean

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

What followed on this name's own record

Only 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 +5.26%.

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

The rule, exactly as checked · n = 20, min_slope_pct = 0.25, min_r2 = 0.8
  1. Fit a least-squares line through the last N closes (x = candle index).
  2. Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
  3. Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
  4. Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
  5. The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
  6. Progress always reports the current slope, R², length, magnitude and whether it is continuing.
The last 1 hit on this name
  • Mon 12 Apr 2021 up Over the last 20 candles the fitted line rises 7.54% per candle with R² 0.82; 15 candles since the low of the window, +216.67% from it, but the last close has slipped from the line.

Quiet Bullish engulfing · Multi-candle shapes · reading up

1 hit in 110 candles · test this one alone Sign in to be alerted

Last seen Tue 13 Jul 2021

The most recent hit of Bullish engulfing on the daily candles completed at Tue 13 Jul 2021, 22 sessions ago, an up reading. It is not in progress now. Since then the close has moved +4.55% to 1.15.

What the candles did

A down candle (1.10→1.05) followed by an up candle (1.00→1.10) whose body covers it, after -4.55% over the 5 candles before.

What this pattern is taken to mean

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

What followed on this name's own record

Only 1 earlier hit on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 0 of 1 times, median move -9.09%.

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

The rule, exactly as checked · context = 5
  1. Take two consecutive candles.
  2. First closes below its open; second closes above its open.
  3. Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
  4. Context: the net move over the `context` candles before the pair is negative (set 0 to skip).
The last 1 hit on this name
  • Tue 13 Jul 2021 up A down candle (1.10→1.05) followed by an up candle (1.00→1.10) whose body covers it, after -4.55% over the 5 candles before.

Quiet Morning star · Multi-candle shapes · reading up

1 hit in 110 candles · test this one alone Sign in to be alerted

Last seen Thu 23 Jan 2020

The most recent hit of Morning star on the daily candles completed at Thu 23 Jan 2020, 97 sessions ago, an up reading. It is not in progress now. Since then the close has moved +109.09% to 1.15.

What the candles did

A long down candle (0.55→0.50), a small-bodied candle, then an up candle closing at 0.55, above the first candle's midpoint 0.53.

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

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 -18.18%.

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

The rule, exactly as checked · small_pct = 30
  1. Take three consecutive candles.
  2. First: a down candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: an up candle closing above the midpoint of the first candle's body.
The last 1 hit on this name
  • Thu 23 Jan 2020 up A long down candle (0.55→0.50), a small-bodied candle, then an up candle closing at 0.55, above the first candle's midpoint 0.53.

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

0 hits in 110 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Higher highs and higher lows did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · swings = 2, swing_pct = 3
  1. Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
  4. The pattern completes on the candle where the last pivot in the window was confirmed.
  5. The last swing low is reported as the level the structure stands on.

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

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Not seen on the daily candles on file

Cross of a level you set did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

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

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

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Not seen on the daily candles on file

Impulse wave (five swings, Elliott-style) did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

Where it stands on the latest candle

One swing up under way from 0.90; nothing to count as an impulse yet.

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · swing_pct = 4
  1. Find swings with the zigzag at swing_pct.
  2. Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
  3. Rule 1: wave 2 does not retrace past the start of wave 1.
  4. Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
  5. Rule 3: wave 4 does not enter the price territory of wave 1.
  6. Each wave must make progress: 3 beyond 1, 5 beyond 3.
  7. The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.

Quiet Bearish engulfing · Multi-candle shapes · reading down

0 hits in 110 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Bearish engulfing did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · context = 5
  1. Take two consecutive candles.
  2. First closes above its open; second closes below its open.
  3. Second's open ≥ first's close and second's close ≤ first's open.
  4. Context: the net move over the `context` candles before the pair is positive (set 0 to skip).

Quiet Evening star · Multi-candle shapes · reading down

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Not seen on the daily candles on file

Evening star did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · small_pct = 30
  1. Take three consecutive candles.
  2. First: an up candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: a down candle closing below the midpoint of the first candle's body.

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

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Not seen on the daily candles on file

Three white soldiers did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

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

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

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Not seen on the daily candles on file

Three black crows did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

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

Quiet Hammer · Single-candle shapes · reading up

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Not seen on the daily candles on file

Hammer did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

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

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

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

The rule, exactly as checked · wick_times = 2, other_wick_pct = 15, context = 5
  1. Lower wick ≥ wick_times × body.
  2. Upper wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is negative (set 0 to skip).
  4. The wick's low is reported as the level rejected.

Quiet Shooting star · Single-candle shapes · reading down

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Not seen on the daily candles on file

Shooting star did not complete anywhere in the 110 daily candles stored for this name (from Thu 02 Jan 2020 to Thu 14 Oct 2021).

What this pattern is taken to mean

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

What followed on this name's own record

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

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

The rule, exactly as checked · wick_times = 2, other_wick_pct = 15, context = 5
  1. Upper wick ≥ wick_times × body.
  2. Lower wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is positive (set 0 to skip).
  4. The wick's high is reported as the level rejected.

The library, rule by rule

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

Runs, breaks and structure

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

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

Indicator-based

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

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

Test this pattern on PRADIP

Trend and waves

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

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

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Multi-candle shapes

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

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

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

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

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

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

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Single-candle shapes

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

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

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

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

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