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

Patterns

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

Test a name

Sign in to sweep your whole watchlist in one go.

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

TECHNOFAB · TECHNOFAB · daily candles

287 candles on file from 1 Jan 2020 as of the close of 2 Aug 2021 last close ₹6.15 judged 10 candles after each hit the outlook for the coming hours and days →

The candles, with the hits marked

last 160 of 287 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named
12.584.876.15 last8 Jul 202030 Oct 20202 Aug 20218 Jul 2020 O 8.55 H 9.35 L 8.55 C 9.359 Jul 2020 O 9.80 H 9.80 L 9.80 C 9.8010 Jul 2020 O 10.25 H 10.25 L 9.35 C 9.9513 Jul 2020 O 9.80 H 10.05 L 9.50 C 9.5014 Jul 2020 O 9.10 H 9.10 L 9.05 C 9.0515 Jul 2020 O 9.10 H 9.50 L 8.60 C 9.0516 Jul 2020 O 9.00 H 9.05 L 8.60 C 8.7017 Jul 2020 O 9.10 H 9.10 L 8.40 C 9.1020 Jul 2020 O 9.50 H 9.55 L 8.70 C 9.5521 Jul 2020 O 9.90 H 9.90 L 9.30 C 9.4522 Jul 2020 O 9.90 H 9.90 L 9.00 C 9.7523 Jul 2020 O 9.35 H 9.70 L 9.30 C 9.3524 Jul 2020 O 9.30 H 9.80 L 8.90 C 9.2027 Jul 2020 O 8.80 H 9.65 L 8.80 C 9.2028 Jul 2020 O 9.20 H 9.20 L 8.75 C 9.2029 Jul 2020 O 8.75 H 9.65 L 8.75 C 9.3030 Jul 2020 O 9.60 H 9.60 L 9.10 C 9.2531 Jul 2020 O 9.60 H 9.60 L 8.95 C 9.053 Aug 2020 O 9.15 H 9.45 L 8.80 C 9.404 Aug 2020 O 9.80 H 9.80 L 8.95 C 8.955 Aug 2020 O 9.30 H 9.30 L 8.55 C 9.206 Aug 2020 O 9.50 H 9.50 L 8.90 C 9.207 Aug 2020 O 8.75 H 9.20 L 8.75 C 9.0510 Aug 2020 O 9.20 H 9.30 L 8.80 C 8.9511 Aug 2020 O 8.80 H 9.25 L 8.55 C 8.6012 Aug 2020 O 8.60 H 9.00 L 8.50 C 9.0013 Aug 2020 O 8.60 H 9.45 L 8.55 C 9.2014 Aug 2020 O 9.65 H 9.65 L 8.75 C 8.9517 Aug 2020 O 9.30 H 9.30 L 8.55 C 8.9518 Aug 2020 O 8.55 H 9.35 L 8.55 C 9.1519 Aug 2020 O 9.55 H 9.55 L 8.85 C 9.0020 Aug 2020 O 9.35 H 9.40 L 8.70 C 9.1021 Aug 2020 O 9.50 H 9.50 L 8.75 C 9.1024 Aug 2020 O 9.50 H 9.55 L 9.40 C 9.5525 Aug 2020 O 10.00 H 10.00 L 9.70 C 10.0026 Aug 2020 O 10.50 H 10.50 L 10.50 C 10.5027 Aug 2020 O 11.00 H 11.00 L 10.50 C 11.0028 Aug 2020 O 11.55 H 11.55 L 11.55 C 11.5531 Aug 2020 O 12.10 H 12.10 L 12.10 C 12.101 Sep 2020 O 12.55 H 12.60 L 11.50 C 11.502 Sep 2020 O 10.95 H 10.95 L 10.95 C 10.953 Sep 2020 O 10.45 H 11.45 L 10.45 C 11.454 Sep 2020 O 11.90 H 11.90 L 10.90 C 11.407 Sep 2020 O 11.50 H 11.90 L 10.85 C 11.058 Sep 2020 O 10.50 H 11.50 L 10.50 C 10.859 Sep 2020 O 10.55 H 10.90 L 10.35 C 10.4010 Sep 2020 O 10.00 H 10.90 L 10.00 C 10.9011 Sep 2020 O 10.90 H 11.40 L 10.45 C 10.9514 Sep 2020 O 11.45 H 11.45 L 10.45 C 10.4515 Sep 2020 O 10.00 H 10.45 L 9.95 C 10.4016 Sep 2020 O 9.95 H 10.30 L 9.90 C 10.0017 Sep 2020 O 9.50 H 9.50 L 9.50 C 9.5018 Sep 2020 O 9.05 H 9.50 L 9.05 C 9.4521 Sep 2020 O 9.10 H 9.90 L 9.00 C 9.4022 Sep 2020 O 9.00 H 9.40 L 8.95 C 8.9523 Sep 2020 O 8.70 H 8.70 L 8.70 C 8.7024 Sep 2020 O 8.70 H 9.00 L 8.30 C 8.7525 Sep 2020 O 9.15 H 9.15 L 8.40 C 9.0029 Sep 2020 O 9.05 H 9.80 L 9.00 C 9.2530 Sep 2020 O 9.25 H 9.25 L 8.80 C 9.201 Oct 2020 O 9.20 H 9.65 L 9.00 C 9.555 Oct 2020 O 9.60 H 9.60 L 9.10 C 9.106 Oct 2020 O 9.10 H 9.45 L 8.85 C 9.207 Oct 2020 O 9.05 H 9.05 L 8.75 C 8.908 Oct 2020 O 8.80 H 9.30 L 8.65 C 9.159 Oct 2020 O 8.95 H 9.15 L 8.70 C 8.8512 Oct 2020 O 8.85 H 9.25 L 8.85 C 8.9013 Oct 2020 O 8.90 H 9.30 L 8.50 C 9.3014 Oct 2020 O 9.30 H 9.30 L 8.85 C 9.3015 Oct 2020 O 9.50 H 9.50 L 8.85 C 9.4516 Oct 2020 O 9.35 H 9.35 L 9.00 C 9.1519 Oct 2020 O 8.90 H 9.55 L 8.70 C 9.3020 Oct 2020 O 8.90 H 9.40 L 8.90 C 9.4021 Oct 2020 O 9.25 H 9.25 L 9.00 C 9.2022 Oct 2020 O 9.20 H 9.25 L 8.80 C 9.1523 Oct 2020 O 9.05 H 9.30 L 8.70 C 9.2026 Oct 2020 O 9.30 H 9.60 L 8.85 C 9.3027 Oct 2020 O 8.85 H 9.20 L 8.85 C 8.8528 Oct 2020 O 8.85 H 9.15 L 8.80 C 8.9029 Oct 2020 O 8.80 H 9.20 L 8.50 C 9.2030 Oct 2020 O 9.20 H 9.50 L 8.75 C 9.202 Nov 2020 O 9.25 H 9.25 L 8.90 C 9.253 Nov 2020 O 8.90 H 9.60 L 8.80 C 9.204 Nov 2020 O 8.75 H 9.40 L 8.75 C 9.105 Nov 2020 O 9.10 H 9.50 L 9.10 C 9.106 Nov 2020 O 9.00 H 9.20 L 8.65 C 9.109 Nov 2020 O 9.40 H 9.40 L 8.65 C 8.8010 Nov 2020 O 8.75 H 9.20 L 8.40 C 8.5011 Nov 2020 O 8.85 H 8.90 L 8.50 C 8.5512 Nov 2020 O 8.90 H 8.95 L 8.55 C 8.8513 Nov 2020 O 8.80 H 9.10 L 8.45 C 8.6514 Nov 2020 O 9.05 H 9.05 L 8.35 C 8.5017 Nov 2020 O 8.50 H 8.85 L 8.20 C 8.5018 Nov 2020 O 8.80 H 8.80 L 8.20 C 8.7519 Nov 2020 O 8.55 H 9.05 L 8.40 C 8.8520 Nov 2020 O 9.10 H 9.10 L 8.70 C 8.8523 Nov 2020 O 9.05 H 9.10 L 8.45 C 8.5524 Nov 2020 O 8.55 H 8.95 L 8.25 C 8.9025 Nov 2020 O 9.15 H 9.15 L 8.65 C 9.0026 Nov 2020 O 9.15 H 9.15 L 8.75 C 8.8527 Nov 2020 O 9.25 H 9.25 L 8.70 C 9.151 Dec 2020 O 9.20 H 9.60 L 8.75 C 8.852 Dec 2020 O 8.65 H 9.25 L 8.65 C 9.253 Dec 2020 O 9.65 H 9.70 L 8.80 C 9.704 Dec 2020 O 10.00 H 10.15 L 9.25 C 10.107 Dec 2020 O 10.10 H 10.60 L 9.60 C 10.108 Dec 2020 O 10.60 H 10.60 L 10.00 C 10.009 Dec 2020 O 10.50 H 10.50 L 9.60 C 10.3010 Dec 2020 O 10.70 H 10.70 L 9.80 C 9.9511 Dec 2020 O 9.75 H 10.40 L 9.75 C 9.9514 Dec 2020 O 10.10 H 10.40 L 9.50 C 10.4015 Dec 2020 O 10.90 H 10.90 L 10.10 C 10.4516 Dec 2020 O 10.50 H 10.70 L 9.95 C 10.4517 Dec 2020 O 9.95 H 10.45 L 9.95 C 10.4018 Dec 2020 O 10.40 H 10.60 L 9.90 C 9.9021 Dec 2020 O 10.10 H 10.30 L 9.45 C 9.4522 Dec 2020 O 9.00 H 9.90 L 9.00 C 9.9023 Dec 2020 O 9.50 H 10.20 L 9.45 C 9.7024 Dec 2020 O 10.10 H 10.10 L 9.30 C 9.8028 Dec 2020 O 9.35 H 10.20 L 9.35 C 10.2029 Dec 2020 O 10.70 H 10.70 L 9.80 C 10.5030 Dec 2020 O 10.20 H 10.20 L 10.00 C 10.0031 Dec 2020 O 10.50 H 10.50 L 9.50 C 10.201 Jan 2021 O 10.20 H 10.70 L 9.70 C 10.404 Jan 2021 O 10.65 H 10.70 L 9.90 C 10.005 Jan 2021 O 10.05 H 10.50 L 10.05 C 10.506 Jan 2021 O 10.70 H 10.70 L 10.00 C 10.507 Jan 2021 O 11.00 H 11.00 L 10.00 C 10.958 Jan 2021 O 11.40 H 11.45 L 10.45 C 11.3011 Jan 2021 O 11.25 H 11.85 L 10.75 C 10.8512 Jan 2021 O 11.35 H 11.35 L 10.35 C 10.8513 Jan 2021 O 11.00 H 11.00 L 10.35 C 10.3514 Jan 2021 O 10.35 H 10.85 L 9.85 C 10.8515 Jan 2021 O 11.00 H 11.00 L 10.35 C 10.408 Feb 2021 O 10.05 H 10.05 L 9.90 C 9.9015 Feb 2021 O 9.45 H 9.45 L 9.45 C 9.4522 Feb 2021 O 9.00 H 9.00 L 9.00 C 9.001 Mar 2021 O 9.00 H 9.00 L 8.55 C 8.558 Mar 2021 O 8.15 H 8.15 L 8.15 C 8.1515 Mar 2021 O 7.75 H 7.75 L 7.75 C 7.7522 Mar 2021 O 7.40 H 7.40 L 7.40 C 7.4030 Mar 2021 O 7.40 H 7.40 L 7.05 C 7.055 Apr 2021 O 7.05 H 7.05 L 6.70 C 7.0512 Apr 2021 O 7.05 H 7.05 L 6.70 C 6.7019 Apr 2021 O 6.70 H 6.70 L 6.40 C 6.4026 Apr 2021 O 6.10 H 6.10 L 6.10 C 6.103 May 2021 O 5.80 H 5.80 L 5.80 C 5.8010 May 2021 O 5.80 H 5.80 L 5.55 C 5.5517 May 2021 O 5.30 H 5.30 L 5.30 C 5.3024 May 2021 O 5.30 H 5.55 L 5.05 C 5.1031 May 2021 O 5.10 H 5.35 L 4.85 C 5.357 Jun 2021 O 5.35 H 5.60 L 5.30 C 5.6014 Jun 2021 O 5.70 H 5.85 L 5.35 C 5.8521 Jun 2021 O 6.10 H 6.10 L 6.10 C 6.1028 Jun 2021 O 5.80 H 6.40 L 5.80 C 6.105 Jul 2021 O 6.15 H 6.40 L 6.15 C 6.4012 Jul 2021 O 6.45 H 6.70 L 6.10 C 6.2519 Jul 2021 O 6.25 H 6.25 L 5.95 C 6.2026 Jul 2021 O 6.20 H 6.50 L 5.90 C 6.402 Aug 2021 O 6.50 H 6.60 L 6.15 C 6.156.40 previous closeMon 02 Aug 2021Mon 02 Aug 2021Mon 07 Jun 2021Mon 26 Jul 2021

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

211 hits in 287 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Mon 02 Aug 2021

Gap at the open completed on the candle that closed at Mon 02 Aug 2021, an up reading. That is the newest candle on file, so this is in progress now.

What the candles did

Opened at 6.50, +1.56% above the previous close of 6.40.

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 207 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) 118 times of 207 (57%). Median move in the hit's direction +3.33%; best +58.33%, worst -57.27%. Within the window the move typically reached +12.63% in the hit's favour and -4.99% against it.

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

The rule, exactly as checked · pct = 1
  1. At the first candle of each session, compare its open with the last close of the previous session.
  2. Gap % = open / previous close − 1.
  3. The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
  4. On daily candles this is simply open vs the previous day's close.
The last 12 hits on this name
  • Mon 02 Aug 2021 up Opened at 6.50, +1.56% above the previous close of 6.40.
  • Mon 28 Jun 2021 down Opened at 5.80, -4.92% below the previous close of 6.10.
  • Mon 21 Jun 2021 up Opened at 6.10, +4.27% above the previous close of 5.85.
  • Mon 14 Jun 2021 up Opened at 5.70, +1.79% above the previous close of 5.60.
  • Mon 17 May 2021 down Opened at 5.30, -4.50% below the previous close of 5.55.
  • Mon 03 May 2021 down Opened at 5.80, -4.92% below the previous close of 6.10.
  • Mon 26 Apr 2021 down Opened at 6.10, -4.69% below the previous close of 6.40.
  • Mon 22 Mar 2021 down Opened at 7.40, -4.52% below the previous close of 7.75.
  • Mon 15 Mar 2021 down Opened at 7.75, -4.91% below the previous close of 8.15.
  • Mon 08 Mar 2021 down Opened at 8.15, -4.68% below the previous close of 8.55.
  • Mon 22 Feb 2021 down Opened at 9.00, -4.76% below the previous close of 9.45.
  • Mon 15 Feb 2021 down Opened at 9.45, -4.55% below the previous close of 9.90.

In progress now Bearish engulfing · Multi-candle shapes · reading down

4 hits in 287 candles · test this one alone Sign in to be alerted

Hit on the latest daily candle — Mon 02 Aug 2021

Bearish engulfing completed on the candle that closed at Mon 02 Aug 2021, a down reading. That is the newest candle on file, so this is in progress now.

What the candles did

An up candle (6.20→6.40) followed by a down candle (6.50→6.15) whose body covers it, after +1.64% over the 5 candles before.

What this pattern is taken to mean

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

What followed on this name's own record

Only 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 +1.01%.

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

The rule, exactly as checked · context = 5
  1. Take two consecutive candles.
  2. First closes above its open; second closes below its open.
  3. Second's open ≥ first's close and second's close ≤ first's open.
  4. Context: the net move over the `context` candles before the pair is positive (set 0 to skip).
The last 4 hits on this name
  • Mon 02 Aug 2021 down An up candle (6.20→6.40) followed by a down candle (6.50→6.15) whose body covers it, after +1.64% over the 5 candles before.
  • Mon 04 Jan 2021 down An up candle (10.20→10.40) followed by a down candle (10.65→10.00) whose body covers it, after +4.08% over the 5 candles before.
  • Fri 18 Dec 2020 down An up candle (9.95→10.40) followed by a down candle (10.40→9.90) whose body covers it, after +5.03% over the 5 candles before.
  • Mon 05 Oct 2020 down An up candle (9.20→9.55) followed by a down candle (9.60→9.10) whose body covers it, after +5.75% over the 5 candles before.

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

51 hits in 287 candles · test this one alone Sign in to be alerted

Hit 3 sessions ago — Mon 12 Jul 2021

Move of X% within M candles completed on the daily candle of Mon 07 Jun 2021, an up reading, 3 sessions before the latest one (which closed at Mon 02 Aug 2021 at 6.15). It held for 6 sessions, through Mon 12 Jul 2021. Since the hit the close has moved -1.60%.

What the candles did

+5.66% in the last 3 candles, 5.30 to 5.60.

What this pattern is taken to mean

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

What followed on this name's own record

After 50 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) 28 times of 50 (56%). Median move in the hit's direction +1.35%; best +57.14%, worst -46.94%. Within the window the move typically reached +8.35% in the hit's favour and -7.18% 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
  1. For each candle, take the close M candles earlier.
  2. Move % = close now / close then − 1.
  3. The pattern completes when |move %| ≥ pct; direction is the sign.
  4. Consecutive candles that all qualify in the same direction count once, at the first of them.
The last 12 hits on this name
  • Mon 07 Jun 2021 up +5.66% in the last 3 candles, 5.30 to 5.60.
  • Fri 15 Jan 2021 down -4.15% in the last 3 candles, 10.85 to 10.40.
  • Wed 13 Jan 2021 down -8.41% in the last 3 candles, 11.30 to 10.35.
  • Thu 07 Jan 2021 up +9.50% in the last 3 candles, 10.00 to 10.95.
  • Tue 05 Jan 2021 up +2.94% in the last 3 candles, 10.20 to 10.50.
  • Thu 24 Dec 2020 up +3.70% in the last 3 candles, 9.45 to 9.80.
  • Fri 18 Dec 2020 down -5.26% in the last 3 candles, 10.45 to 9.90.
  • Tue 15 Dec 2020 up +5.03% in the last 3 candles, 9.95 to 10.45.
  • Wed 02 Dec 2020 up +4.52% in the last 3 candles, 8.85 to 9.25.
  • Thu 26 Nov 2020 up +3.51% in the last 3 candles, 8.55 to 8.85.
  • Mon 23 Nov 2020 down -2.29% in the last 3 candles, 8.75 to 8.55.
  • Thu 19 Nov 2020 up +4.12% in the last 3 candles, 8.50 to 8.85.

Just hit Morning star · Multi-candle shapes · reading up

3 hits in 287 candles · test this one alone Sign in to be alerted

Hit 1 session ago — Mon 26 Jul 2021

Morning star completed on the daily candle of Mon 26 Jul 2021, an up reading, 1 session before the latest one (which closed at Mon 02 Aug 2021 at 6.15). Since the hit the close has moved -3.91%.

What the candles did

A long down candle (6.45→6.25), a small-bodied candle, then an up candle closing at 6.40, above the first candle's midpoint 6.35.

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 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 -0.30%.

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 3 hits on this name
  • Mon 26 Jul 2021 up A long down candle (6.45→6.25), a small-bodied candle, then an up candle closing at 6.40, above the first candle's midpoint 6.35.
  • Mon 14 Dec 2020 up A long down candle (10.70→9.95), a small-bodied candle, then an up candle closing at 10.40, above the first candle's midpoint 10.32.
  • Mon 20 Jul 2020 up A long down candle (9.00→8.70), a small-bodied candle, then an up candle closing at 9.55, above the first candle's midpoint 8.85.

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

2 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Tue 31 Mar 2020

The most recent hit of Impulse wave (five swings, Elliott-style) on the daily candles completed at Tue 31 Mar 2020, 224 sessions ago, a down reading. It is not in progress now. Since then the close has moved +35.16% to 6.15.

What the candles did

Five swings down: 1 21.95→17.15, 2 back to 18.10 (below where 1 began), 3 to 4.60, 4 back to 5.25 (below the bottom of 1), 5 to 4.55; wave 3 is not the shortest.

Where it stands on the latest candle

Counting up: waves 1–2 confirmed, wave 3 under way (the current swing has not yet reversed by 4%). Pivots so far 4.85, 6.70, 5.90, 6.60.

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 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 +20.60%.

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

The rule, exactly as checked · swing_pct = 4
  1. Find swings with the zigzag at swing_pct.
  2. Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
  3. Rule 1: wave 2 does not retrace past the start of wave 1.
  4. Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
  5. Rule 3: wave 4 does not enter the price territory of wave 1.
  6. Each wave must make progress: 3 beyond 1, 5 beyond 3.
  7. The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.
The last 2 hits on this name
  • Tue 31 Mar 2020 down Five swings down: 1 21.95→17.15, 2 back to 18.10 (below where 1 began), 3 to 4.60, 4 back to 5.25 (below the bottom of 1), 5 to 4.55; wave 3 is not the shortest.
  • Fri 27 Mar 2020 down Five swings down: 1 22.20→20.20, 2 back to 21.95 (below where 1 began), 3 to 17.15, 4 back to 18.10 (below the bottom of 1), 5 to 4.60; wave 3 is not the shortest.

Quiet Marubozu · Single-candle shapes · reading up

49 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 05 Jul 2021

The most recent hit of Marubozu on the daily candles completed at Mon 05 Jul 2021, 4 sessions ago, an up reading. It is not in progress now. Since then the close has moved -3.91% to 6.15.

What the candles did

Body 0.25 is 100% of the range: opened near the low and closed near the high (6.15→6.40).

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 48 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) 35 times of 48 (73%). Median move in the hit's direction +9.54%; best +57.27%, worst -37.20%. Within the window the move typically reached +17.01% in the hit's favour and -4.95% against it.

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

The rule, exactly as checked · body_pct = 90
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≥ body_pct of the range.
  3. Direction is the candle's colour.
The last 12 hits on this name
  • Mon 05 Jul 2021 up Body 0.25 is 100% of the range: opened near the low and closed near the high (6.15→6.40).
  • Mon 10 May 2021 down Body 0.25 is 100% of the range: opened near the high and closed near the low (5.80→5.55).
  • Mon 19 Apr 2021 down Body 0.30 is 100% of the range: opened near the high and closed near the low (6.70→6.40).
  • Mon 12 Apr 2021 down Body 0.35 is 100% of the range: opened near the high and closed near the low (7.05→6.70).
  • Tue 30 Mar 2021 down Body 0.35 is 100% of the range: opened near the high and closed near the low (7.40→7.05).
  • Mon 01 Mar 2021 down Body 0.45 is 100% of the range: opened near the high and closed near the low (9.00→8.55).
  • Mon 08 Feb 2021 down Body 0.15 is 100% of the range: opened near the high and closed near the low (10.05→9.90).
  • Fri 15 Jan 2021 down Body 0.60 is 92% of the range: opened near the high and closed near the low (11.00→10.40).
  • Wed 13 Jan 2021 down Body 0.65 is 100% of the range: opened near the high and closed near the low (11.00→10.35).
  • Tue 05 Jan 2021 up Body 0.45 is 100% of the range: opened near the low and closed near the high (10.05→10.50).
  • Wed 30 Dec 2020 down Body 0.20 is 100% of the range: opened near the high and closed near the low (10.20→10.00).
  • Mon 28 Dec 2020 up Body 0.85 is 100% of the range: opened near the low and closed near the high (9.35→10.20).

Quiet Doji · Single-candle shapes · reading neutral

44 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 05 Apr 2021

The most recent hit of Doji on the daily candles completed at Mon 05 Apr 2021, 17 sessions ago, a neutral reading. It is not in progress now. Since then the close has moved -12.77% to 6.15.

What the candles did

Body 0.00 is 0% of the 0.35 range: open 7.05, close 7.05, high 7.05, low 6.70.

What this pattern is taken to mean

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

What followed on this name's own record

After 44 earlier hits on this name's daily candles, the close 10 sessions later was higher 16 times of 44 (36%). Median move -2.52%; best +58.33%, worst -32.35%. 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 = 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 05 Apr 2021 neutral Body 0.00 is 0% of the 0.35 range: open 7.05, close 7.05, high 7.05, low 6.70.
  • Fri 08 Jan 2021 neutral Body 0.10 is 10% of the 1.00 range: open 11.40, close 11.30, high 11.45, low 10.45.
  • Thu 07 Jan 2021 neutral Body 0.05 is 5% of the 1.00 range: open 11.00, close 10.95, high 11.00, low 10.00.
  • Wed 16 Dec 2020 neutral Body 0.05 is 7% of the 0.75 range: open 10.50, close 10.45, high 10.70, low 9.95.
  • Mon 07 Dec 2020 neutral Body 0.00 is 0% of the 1.00 range: open 10.10, close 10.10, high 10.60, low 9.60.
  • Thu 03 Dec 2020 neutral Body 0.05 is 6% of the 0.90 range: open 9.65, close 9.70, high 9.70, low 8.80.
  • Wed 18 Nov 2020 neutral Body 0.05 is 8% of the 0.60 range: open 8.80, close 8.75, high 8.80, low 8.20.
  • Tue 17 Nov 2020 neutral Body 0.00 is 0% of the 0.65 range: open 8.50, close 8.50, high 8.85, low 8.20.
  • Thu 05 Nov 2020 neutral Body 0.00 is 0% of the 0.40 range: open 9.10, close 9.10, high 9.50, low 9.10.
  • Mon 02 Nov 2020 neutral Body 0.00 is 0% of the 0.35 range: open 9.25, close 9.25, high 9.25, low 8.90.
  • Fri 30 Oct 2020 neutral Body 0.00 is 0% of the 0.75 range: open 9.20, close 9.20, high 9.50, low 8.75.
  • Tue 27 Oct 2020 neutral Body 0.00 is 0% of the 0.35 range: open 8.85, close 8.85, high 9.20, low 8.85.

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

27 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 05 Jul 2021

The most recent hit of Lower highs and lower lows on the daily candles completed at Mon 05 Jul 2021, 4 sessions ago, a down reading. It is not in progress now. Since then the close has moved -3.91% to 6.15.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 6.70, 4.85; highs 11.00, 7.05, 6.40.

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 25 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 12 times of 25 (48%). Median move in the hit's direction -2.72%; best +37.21%, worst -48.04%. Within the window the move typically reached +6.86% in the hit's favour and -7.02% against it. On this name that is a coin toss.

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

The rule, exactly as checked · swings = 2, swing_pct = 3
  1. Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high below the previous swing high, and each swing low below the previous swing low.
  4. The pattern completes on the candle where the last pivot was confirmed.
  5. The last swing high is reported as the level the structure hangs from.
The last 12 hits on this name
  • Mon 05 Jul 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 6.70, 4.85; highs 11.00, 7.05, 6.40.
  • Mon 07 Jun 2021 down 2 lower highs and lower lows on swings of at least 3%: lows 9.85, 6.70, 4.85; highs 11.00, 7.05.
  • Thu 24 Dec 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 9.95, 9.00; highs 10.90, 10.60, 10.20.
  • Wed 18 Nov 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 8.65, 8.40, 8.20; highs 9.40, 9.10.
  • Sat 14 Nov 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 8.65, 8.40; highs 9.50, 9.40, 9.10.
  • Wed 11 Nov 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 8.75, 8.65, 8.40; highs 9.50, 9.40.
  • Wed 14 Oct 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 8.80, 8.65; highs 9.80, 9.65, 9.30.
  • Wed 30 Sep 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 10.00, 8.30; highs 11.90, 11.45, 9.80.
  • Fri 25 Sep 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 10.45, 10.00, 8.30; highs 11.90, 11.45.
  • Tue 15 Sep 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 10.45, 10.00; highs 12.60, 11.90, 11.45.
  • Thu 30 Jul 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 9.00, 8.75; highs 9.90, 9.80, 9.65.
  • Mon 01 Jun 2020 down 2 lower highs and lower lows on swings of at least 3%: lows 5.05, 4.85, 4.75; highs 5.30, 5.20.

Quiet Volume spike · Indicator-based · reading down

17 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 24 May 2021

The most recent hit of Volume spike on the daily candles completed at Mon 24 May 2021, 10 sessions ago, a down reading. It is not in progress now. Since then the close has moved +20.59% to 6.15.

What the candles did

Volume 8.9× the average of the previous 20 candles (50,132 vs 5,628), on a down candle.

What this pattern is taken to mean

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

What followed on this name's own record

After 17 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 8 times of 17 (47%). Median move in the hit's direction -4.71%; best +58.33%, worst -58.00%. Within the window the move typically reached +12.94% in the hit's favour and -7.06% against it. On this name that is a coin toss.

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

The rule, exactly as checked · times = 3, candles = 20
  1. Average the volume of the previous M candles (those that reported one).
  2. The pattern completes when this candle's volume ≥ times × that average.
  3. Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.
The last 12 hits on this name
  • Mon 24 May 2021 down Volume 8.9× the average of the previous 20 candles (50,132 vs 5,628), on a down candle.
  • Fri 08 Jan 2021 down Volume 3.6× the average of the previous 20 candles (27,609 vs 7,710), on a down candle.
  • Mon 23 Nov 2020 down Volume 3.1× the average of the previous 20 candles (15,498 vs 5,077), on a down candle.
  • Tue 17 Nov 2020 neutral Volume 3.7× the average of the previous 20 candles (14,615 vs 3,954), on a flat candle.
  • Fri 13 Nov 2020 down Volume 3.5× the average of the previous 20 candles (12,674 vs 3,648), on a down candle.
  • Tue 10 Nov 2020 down Volume 3.7× the average of the previous 20 candles (13,140 vs 3,512), on a down candle.
  • Fri 30 Oct 2020 neutral Volume 3.3× the average of the previous 20 candles (10,272 vs 3,101), on a flat candle.
  • Tue 18 Aug 2020 up Volume 4.3× the average of the previous 20 candles (30,772 vs 7,216), on an up candle.
  • Fri 12 Jun 2020 up Volume 4.9× the average of the previous 20 candles (82,345 vs 16,756), on an up candle.
  • Tue 02 Jun 2020 down Volume 3.2× the average of the previous 20 candles (43,503 vs 13,481), on a down candle.
  • Wed 22 Apr 2020 down Volume 5.7× the average of the previous 20 candles (69,694 vs 12,148), on a down candle.
  • Mon 20 Apr 2020 neutral Volume 4.0× the average of the previous 20 candles (45,099 vs 11,198), on a flat candle.

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

13 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 01 Mar 2021

The most recent hit of Moving-average cross on the daily candles completed at Mon 01 Mar 2021, 22 sessions ago, a down reading. It is not in progress now. Since then the close has moved -28.07% to 6.15.

What the candles did

The 9-candle average (10.02) crossed below the 21-candle average (10.20).

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 13 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 8 times of 13 (62%). Median move in the hit's direction +3.93%; best +58.33%, worst -11.48%. Within the window the move typically reached +12.86% in the hit's favour and -6.60% against it.

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

The rule, exactly as checked · fast = 9, slow = 21
  1. Compute SMA(fast) and SMA(slow) of the closes.
  2. The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
  3. fast must be smaller than slow, else nothing is reported.
The last 12 hits on this name
  • Mon 01 Mar 2021 down The 9-candle average (10.02) crossed below the 21-candle average (10.20).
  • Tue 05 Jan 2021 up The 9-candle average (10.14) crossed above the 21-candle average (10.12).
  • Thu 31 Dec 2020 down The 9-candle average (9.96) crossed below the 21-candle average (10.03).
  • Tue 01 Dec 2020 up The 9-candle average (8.86) crossed above the 21-candle average (8.85).
  • Wed 28 Oct 2020 down The 9-candle average (9.16) crossed below the 21-candle average (9.17).
  • Tue 20 Oct 2020 up The 9-candle average (9.20) crossed above the 21-candle average (9.15).
  • Thu 17 Sep 2020 down The 9-candle average (10.50) crossed below the 21-candle average (10.60).
  • Tue 25 Aug 2020 up The 9-candle average (9.22) crossed above the 21-candle average (9.15).
  • Tue 14 Jul 2020 down The 9-candle average (9.58) crossed below the 21-candle average (9.83).
  • Mon 08 Jun 2020 up The 9-candle average (5.28) crossed above the 21-candle average (5.26).
  • Mon 11 May 2020 down The 9-candle average (5.57) crossed below the 21-candle average (5.61).
  • Tue 21 Apr 2020 up The 9-candle average (5.23) crossed above the 21-candle average (5.14).

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

11 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 19 Apr 2021

The most recent hit of Inside bar, then a breakout on the daily candles completed at Mon 19 Apr 2021, 15 sessions ago, a down reading. It is not in progress now. Since then the close has moved -3.91% to 6.15.

What the candles did

An inside candle (6.70–7.05) within the one before it (6.70–7.05), then a close at 6.40 below that range.

What this pattern is taken to mean

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

What followed on this name's own record

After 11 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 11 (54%). Median move in the hit's direction +4.69%; best +42.53%, worst -46.94%. Within the window the move typically reached +22.88% in the hit's favour and -4.95% against it. On this name that is a coin toss.

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

The rule, exactly as checked
  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 11 hits on this name
  • Mon 19 Apr 2021 down An inside candle (6.70–7.05) within the one before it (6.70–7.05), then a close at 6.40 below that range.
  • Fri 18 Dec 2020 down An inside candle (9.95–10.45) within the one before it (9.95–10.70), then a close at 9.90 below that range.
  • Thu 15 Oct 2020 up An inside candle (8.85–9.30) within the one before it (8.50–9.30), then a close at 9.45 above that range.
  • Tue 14 Jul 2020 down An inside candle (9.50–10.05) within the one before it (9.35–10.25), then a close at 9.05 below that range.
  • Fri 29 May 2020 down An inside candle (4.95–5.00) within the one before it (4.95–5.20), then a close at 4.90 below that range.
  • Fri 22 May 2020 down An inside candle (5.05–5.25) within the one before it (5.05–5.40), then a close at 5.00 below that range.
  • Wed 15 Apr 2020 up An inside candle (4.75–4.90) within the one before it (4.55–4.95), then a close at 5.10 above that range.
  • Mon 16 Mar 2020 down An inside candle (6.65–6.90) within the one before it (6.65–7.35), then a close at 6.55 below that range.
  • Mon 03 Feb 2020 down An inside candle (20.20–21.95) within the one before it (20.20–22.25), then a close at 20.00 below that range.
  • Wed 29 Jan 2020 down An inside candle (21.25–22.00) within the one before it (21.25–22.20), then a close at 21.20 below that range.
  • Wed 08 Jan 2020 up An inside candle (14.20–15.05) within the one before it (14.10–15.35), then a close at 15.40 above that range.

Quiet Hammer · Single-candle shapes · reading up

10 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Wed 18 Nov 2020

The most recent hit of Hammer on the daily candles completed at Wed 18 Nov 2020, 66 sessions ago, an up reading. It is not in progress now. Since then the close has moved -29.71% to 6.15.

What the candles did

Lower wick 0.55 is 11.0× the body, the upper wick is 0% of the range, after -0.58% over the 5 candles before; low 8.20, close 8.75.

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

After 10 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 3 times of 10 (30%). Median move in the hit's direction -1.06%; best +22.33%, worst -30.48%. Within the window the move typically reached +4.84% in the hit's favour and -7.69% against it. On this name it has more often gone the other way.

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

The rule, exactly as checked · wick_times = 2, other_wick_pct = 15, context = 5
  1. Lower wick ≥ wick_times × body.
  2. Upper wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is negative (set 0 to skip).
  4. The wick's low is reported as the level rejected.
The last 10 hits on this name
  • Wed 18 Nov 2020 up Lower wick 0.55 is 11.0× the body, the upper wick is 0% of the range, after -0.58% over the 5 candles before; low 8.20, close 8.75.
  • Thu 12 Nov 2020 up Lower wick 0.30 is 6.0× the body, the upper wick is 12% of the range, after -6.04% over the 5 candles before; low 8.55, close 8.85.
  • Thu 22 Oct 2020 up Lower wick 0.35 is 7.0× the body, the upper wick is 11% of the range, after -2.65% over the 5 candles before; low 8.80, close 9.15.
  • Fri 25 Sep 2020 up Lower wick 0.60 is 4.0× the body, the upper wick is 0% of the range, after -7.41% over the 5 candles before; low 8.40, close 9.00.
  • Wed 05 Aug 2020 up Lower wick 0.65 is 6.5× the body, the upper wick is 0% of the range, after -3.76% over the 5 candles before; low 8.55, close 9.20.
  • Mon 20 Jul 2020 up Lower wick 0.80 is 16.0× the body, the upper wick is 0% of the range, after -4.21% over the 5 candles before; low 8.70, close 9.55.
  • Tue 26 May 2020 up Lower wick 0.30 is 6.0× the body, the upper wick is 12% of the range, after -4.76% over the 5 candles before; low 4.85, close 5.15.
  • Fri 08 May 2020 up Lower wick 0.35 is 7.0× the body, the upper wick is 11% of the range, after -6.14% over the 5 candles before; low 5.15, close 5.50.
  • Tue 04 Feb 2020 up Lower wick 0.85 is 5.7× the body, the upper wick is 0% of the range, after -8.68% over the 5 candles before; low 19.00, close 19.85.
  • Tue 28 Jan 2020 up Lower wick 0.65 is 6.5× the body, the upper wick is 0% of the range, after -0.70% over the 5 candles before; low 21.25, close 21.90.

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

9 hits in 287 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, 6 sessions ago, a down reading. It held for 11 sessions, through Mon 21 Jun 2021. It is not in progress now. Since then the close has moved +0.82% to 6.15.

What the candles did

Over the last 20 candles the fitted line falls 2.49% per candle with R² 0.81; 15 candles since the high of the window, -40.71% from it, and the last close is still with the line.

Where it stands on the latest candle

Slope -0.60% per candle (down), R² 0.13 (choppy), 19 candles from the window's high, -16.89% 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 9 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 9 (44%). Median move in the hit's direction -0.00%; best +38.94%, worst -22.33%. Within the window the move typically reached +9.52% in the hit's favour and -9.55% 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 · 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 9 hits on this name
  • Mon 12 Apr 2021 down Over the last 20 candles the fitted line falls 2.49% per candle with R² 0.81; 15 candles since the high of the window, -40.71% from it, and the last close is still with the line.
  • Fri 11 Dec 2020 up Over the last 20 candles the fitted line rises 1.04% per candle with R² 0.83; 18 candles since the low of the window, +17.06% from it, but the last close has slipped from the line.
  • Wed 23 Sep 2020 down Over the last 20 candles the fitted line falls 1.38% per candle with R² 0.84; 17 candles since the high of the window, -28.10% from it, and the last close is still with the line.
  • Fri 04 Sep 2020 up Over the last 20 candles the fitted line rises 1.77% per candle with R² 0.81; 18 candles since the low of the window, +32.56% from it, but the last close has slipped from the line.
  • Wed 17 Jun 2020 up Over the last 20 candles the fitted line rises 2.80% per candle with R² 0.81; 13 candles since the low of the window, +68.37% from it, and the last close is still with the line.
  • Tue 26 May 2020 down Over the last 20 candles the fitted line falls 0.77% per candle with R² 0.81; 19 candles since the high of the window, -14.88% from it, but the last close has slipped from the line.
  • Tue 19 May 2020 down Over the last 20 candles the fitted line falls 1.16% per candle with R² 0.80; 17 candles since the high of the window, -21.05% from it, but the last close has slipped from the line.
  • Thu 13 Feb 2020 down Over the last 20 candles the fitted line falls 1.48% per candle with R² 0.82; 18 candles since the high of the window, -28.67% from it, and the last close is still with the line.
  • Tue 28 Jan 2020 up Over the last 20 candles the fitted line rises 2.66% per candle with R² 0.89; 18 candles since the low of the window, +53.68% from it, but the last close has slipped from the line.

Quiet Bullish engulfing · Multi-candle shapes · reading up

9 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 31 May 2021

The most recent hit of Bullish engulfing on the daily candles completed at Mon 31 May 2021, 9 sessions ago, an up reading. It is not in progress now. Since then the close has moved +14.95% to 6.15.

What the candles did

A down candle (5.30→5.10) followed by an up candle (5.10→5.35) whose body covers it, after -17.19% 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 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 +1.00%; best +48.04%, worst -37.20%. Within the window the move typically reached +5.02% in the hit's favour and -7.36% 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 · 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 9 hits on this name
  • Mon 31 May 2021 up A down candle (5.30→5.10) followed by an up candle (5.10→5.35) whose body covers it, after -17.19% over the 5 candles before.
  • Mon 28 Dec 2020 up A down candle (10.10→9.80) followed by an up candle (9.35→10.20) whose body covers it, after -6.73% over the 5 candles before.
  • Thu 19 Nov 2020 up A down candle (8.80→8.75) followed by an up candle (8.55→8.85) whose body covers it, after -0.58% over the 5 candles before.
  • Fri 23 Oct 2020 up A down candle (9.20→9.15) followed by an up candle (9.05→9.20) whose body covers it, after -2.65% over the 5 candles before.
  • Thu 08 Oct 2020 up A down candle (9.05→8.90) followed by an up candle (8.80→9.15) whose body covers it, after -0.54% over the 5 candles before.
  • Thu 10 Sep 2020 up A down candle (10.55→10.40) followed by an up candle (10.00→10.90) whose body covers it, after -0.91% over the 5 candles before.
  • Mon 01 Jun 2020 up A down candle (5.00→4.90) followed by an up candle (4.90→5.10) whose body covers it, after -4.76% over the 5 candles before.
  • Thu 26 Mar 2020 up A down candle (4.90→4.80) followed by an up candle (4.80→5.00) whose body covers it, after -16.53% over the 5 candles before.
  • Fri 07 Feb 2020 up A down candle (18.10→18.05) followed by an up candle (17.15→18.95) whose body covers it, after -9.76% over the 5 candles before.

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

8 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Wed 13 Jan 2021

The most recent hit of Higher highs and higher lows on the daily candles completed at Wed 13 Jan 2021, 28 sessions ago, an up reading. It is not in progress now. Since then the close has moved -40.58% to 6.15.

What the candles did

2 higher highs and higher lows on swings of at least 3%: lows 9.50, 9.90, 10.35; highs 10.70, 11.85.

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 8 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 3 times of 8 (38%). Median move in the hit's direction -2.63%; best +18.08%, worst -31.88%. Within the window the move typically reached +9.42% in the hit's favour and -10.91% against it. On this name it has more often gone the other way.

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

The rule, exactly as checked · swings = 2, swing_pct = 3
  1. Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
  4. The pattern completes on the candle where the last pivot in the window was confirmed.
  5. The last swing low is reported as the level the structure stands on.
The last 8 hits on this name
  • Wed 13 Jan 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 9.50, 9.90, 10.35; highs 10.70, 11.85.
  • Fri 01 Jan 2021 up 2 higher highs and higher lows on swings of at least 3%: lows 9.00, 9.30, 9.50; highs 10.20, 10.70.
  • Fri 11 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 8.65, 9.60; highs 9.60, 10.60, 10.70.
  • Wed 02 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 8.25, 8.70; highs 9.10, 9.15, 9.60.
  • Tue 01 Dec 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 8.20, 8.25, 8.70; highs 9.10, 9.15.
  • Fri 04 Sep 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 8.55, 8.70, 10.45; highs 9.55, 12.60.
  • Thu 30 Apr 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 4.50, 4.75, 5.50; highs 4.95, 6.90.
  • Thu 23 Jan 2020 up 2 higher highs and higher lows on swings of at least 3%: lows 13.75, 14.20, 20.35; highs 15.35, 23.60.

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

7 hits in 287 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, 12 sessions ago, a down reading. It is not in progress now. Since then the close has moved +10.81% to 6.15.

What the candles did

5 consecutive falling closes, from 7.05 to 5.55 (-21.28%).

Where it stands on the latest candle

1 falling close in a row so far (-3.91%); the rule wants 5.

What this pattern is taken to mean

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

What followed on this name's own record

After 7 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 5 times of 7 (71%). Median move in the hit's direction +2.65%; best +38.69%, worst -11.71%. Within the window the move typically reached +12.61% in the hit's favour and -4.76% against it.

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

The rule, exactly as checked · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: the current streak against N.
The last 7 hits on this name
  • Mon 10 May 2021 down 5 consecutive falling closes, from 7.05 to 5.55 (-21.28%).
  • Mon 01 Mar 2021 down 5 consecutive falling closes, from 10.85 to 8.55 (-21.20%).
  • Fri 18 Sep 2020 down 5 consecutive falling closes, from 10.95 to 9.45 (-13.70%).
  • Mon 06 Jul 2020 down 5 consecutive falling closes, from 11.95 to 9.40 (-21.34%).
  • Thu 07 May 2020 down 5 consecutive falling closes, from 5.95 to 5.35 (-10.08%).
  • Thu 19 Mar 2020 down 5 consecutive falling closes, from 7.00 to 5.75 (-17.86%).
  • Fri 14 Feb 2020 down 5 consecutive falling closes, from 18.95 to 15.25 (-19.53%).

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

4 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Fri 28 Aug 2020

The most recent hit of N consecutive rising candles on the daily candles completed at Fri 28 Aug 2020, 122 sessions ago, an up reading. It is not in progress now. Since then the close has moved -46.75% to 6.15.

What the candles did

5 consecutive rising closes, from 9.10 to 11.55 (+26.92%).

Where it stands on the latest candle

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

What this pattern is taken to mean

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

What followed on this name's own record

Only 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 +7.30%.

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

The rule, exactly as checked · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: how long the current streak is against N, and whether the last close is still rising.
The last 4 hits on this name
  • Fri 28 Aug 2020 up 5 consecutive rising closes, from 9.10 to 11.55 (+26.92%).
  • Tue 09 Jun 2020 up 5 consecutive rising closes, from 5.00 to 6.30 (+26.00%).
  • Mon 20 Apr 2020 up 5 consecutive rising closes, from 4.70 to 5.85 (+24.47%).
  • Mon 13 Jan 2020 up 5 consecutive rising closes, from 14.35 to 17.75 (+23.69%).

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

4 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 15 Mar 2021

The most recent hit of RSI into overbought / oversold on the daily candles completed at Mon 15 Mar 2021, 20 sessions ago, an up reading. It is not in progress now. Since then the close has moved -20.65% to 6.15.

What the candles did

RSI(14) fell to 29, into the oversold zone below 30.

What this pattern is taken to mean

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

What followed on this name's own record

Only 4 earlier hits on this name's daily candles with 10 sessions after them — too few to say what usually follows. For what it is worth: the close 10 sessions later went the hit's way 1 of 4 times, median move -17.55%.

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 15 Mar 2021 up RSI(14) fell to 29, into the oversold zone below 30.
  • Thu 27 Aug 2020 down RSI(14) rose to 73, into the overbought zone above 70.
  • Wed 10 Jun 2020 down RSI(14) rose to 70, into the overbought zone above 70.
  • Wed 19 Feb 2020 up RSI(14) fell to 30, into the oversold zone below 30.

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

4 hits in 287 candles · test this one alone Sign in to be alerted

Last seen Mon 09 Nov 2020

The most recent hit of Bollinger squeeze, then a break on the daily candles completed at Mon 09 Nov 2020, 73 sessions ago, a down reading. It is not in progress now. Since then the close has moved -30.11% to 6.15.

What the candles did

Closed at 8.80, below the lower band (8.84) 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 +15.99%.

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 4 hits on this name
  • Mon 09 Nov 2020 down Closed at 8.80, below the lower band (8.84) after the bands had narrowed to their tightest in 60 candles.
  • Mon 24 Aug 2020 up Closed at 9.55, above the upper band (9.50) after the bands had narrowed to their tightest in 60 candles.
  • Tue 11 Aug 2020 down Closed at 8.60, below the lower band (8.65) after the bands had narrowed to their tightest in 60 candles.
  • Fri 05 Jun 2020 up Closed at 5.75, above the upper band (5.63) after the bands had narrowed to their tightest in 60 candles.

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

1 hit in 287 candles · test this one alone Sign in to be alerted

Last seen Tue 28 Apr 2020

The most recent hit of Three black crows on the daily candles completed at Tue 28 Apr 2020, 208 sessions ago, a down reading. It is not in progress now. Since then the close has moved +6.96% to 6.15.

What the candles did

Three down candles in a row, each opening inside the last body and closing lower (6.35, 6.05, 5.75) with short lower wicks.

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

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 -7.83%.

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

The rule, exactly as checked · wick_pct = 30
  1. Take three consecutive candles, all closing below their opens.
  2. Each close below the previous close.
  3. Each open inside the previous candle's body.
  4. Each lower wick no more than wick_pct of its body.
The last 1 hit on this name
  • Tue 28 Apr 2020 down Three down candles in a row, each opening inside the last body and closing lower (6.35, 6.05, 5.75) with short lower wicks.

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

0 hits in 287 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 287 daily candles stored for this name (from Wed 01 Jan 2020 to Mon 02 Aug 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 Evening star · Multi-candle shapes · reading down

0 hits in 287 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Evening star did not complete anywhere in the 287 daily candles stored for this name (from Wed 01 Jan 2020 to Mon 02 Aug 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

0 hits in 287 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Three white soldiers did not complete anywhere in the 287 daily candles stored for this name (from Wed 01 Jan 2020 to Mon 02 Aug 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 Shooting star · Single-candle shapes · reading down

0 hits in 287 candles · test this one alone Sign in to be alerted

Not seen on the daily candles on file

Shooting star did not complete anywhere in the 287 daily candles stored for this name (from Wed 01 Jan 2020 to Mon 02 Aug 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.

Test this pattern on TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

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 TECHNOFAB

Trend and waves

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

Multi-candle shapes

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

Single-candle shapes

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

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

Test this pattern on TECHNOFAB

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.