All Candlestick Patterns Screener

The All Candlestick Patterns Screener tool provides an advanced monitoring solution for tracking confirmed candlestick patterns across up to 40 different symbols simultaneously. It utilizes a log-style interface to present essential data including symbol names, signal prices, timestamps, and pattern types in an organized, easy-to-read table.

Usage

The screener can be used to monitor a wide variety of assets such as stocks, forex, or cryptocurrencies. By adding it to a chart of an active symbol (e.g., BTCUSDT or SPY), users can track multiple markets for specific candlestick formations without switching charts manually.

• Trend Filtering: You can enable SMA-based trend detection to filter patterns based on the current market direction.
• Directional Selection: The tool allows you to filter for Bullish, Bearish, or Both types of patterns to suit your trading bias.
• Active Monitoring: Use the log table to identify the most recent confirmed patterns, which helps in understanding market psychology and price action shifts.

Details

The script leverages dynamic requests to fetch data for multiple symbols. It integrates a comprehensive library of candlestick patterns, including common ones like Dojis, Hammers, and Engulfing patterns, as well as more complex formations like Three White Soldiers or Falling Three Methods. The implementation focuses on providing a clean visual log that updates as new patterns are confirmed on the selected symbols.

Settings

Table Setting

• Table Location: Determines the position of the screener table on the chart.
• Size: Adjusts the text size within the table.
• Timezone: Sets the timezone for the timestamp column in the log.
• № of Rows: Defines how many historical pattern detections are kept in the log.
• Colors: Customizable color inputs for table titles, bullish signals, bearish signals, and neutral patterns.

Technical

• Detect Trend Based on SMA: When enabled, the script uses a Simple Moving Average to filter patterns by trend.
• SMA Length: The lookback period used for the trend-detecting SMA.

Candle Patterns

• Pattern Type: Select between Bullish, Bearish, or All patterns.
• Individual Pattern Toggles: A comprehensive list of checkboxes to enable or disable specific candlestick patterns (e.g., Abandoned Baby, Shooting Star, Harami).

Symbols

• Symbol Inputs (1-40): Toggle buttons and symbol selectors to define which assets the screener should monitor.

FAQ

How do I access All Candlestick Patterns Screener? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Can I filter for specific patterns only? Yes, the script includes individual toggles for over 35 different candlestick patterns in the settings menu.

Does this indicator provide trade entries? The tool is designed to identify and log confirmed candlestick patterns; while these patterns reflect market psychology, they should be used in conjunction with other technical analysis methods for trade decisions.