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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Candlestick Pattern Finder for Amibroker (AFL)
This is an Amibroker exploration formula for finding various candlestick patterns. Here is a list of some of the different patterns it is able to find:
- Doji – Formed when opening and closing prices are virtually the same. The lengths of shadows can vary.
- Long-Legged Doji – Consists of a Doji with very long upper and lower shadows. Indicates strong forces balanced in opposition.
- Dragonfly Doji – Formed when the opening and the closing prices are at the highest of the day. If it has a longer lower shadow it signals a more bullish trend. When appearing at market bottoms it is considered to be a reversal signal.
- Gravestone Doji – Formed when the opening and closing prices are at the lowest of the day. If it has a longer upper shadow it signals a bearish trend. When it appears at market top it is considered a reversal signal.
- Hanging Man – A black or a white candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. The lower tail should be two or three times the height of the body. Considered a bearish pattern during an uptrend.
- Inverted Black Hammer – A black body in an upside-down hammer position. Usually considered a bottom reversal signal.
- Hammer – A black or a white candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. Considered a bullish pattern during a downtrend.
- Inverted Hammer – A black or a white candlestick in an upside-down hammer position.
- Long Lower Shadow – A black or a white candlestick is formed with a lower tail that has a length of 2/3 or more of the total range of the candlestick. Normally considered a bullish signal when it appears around price support levels.
- Long Upper Shadow – A black or a white candlestick with an upper shadow that has a length of 2/3 or more of the total range of the candlestick. Normally considered a bearish signal when it appears around price resistance levels.
- Marubozu – A long or a normal candlestick (black or white) with no shadow or tail. The high and the lows represent the opening and the closing prices. Considered a continuation pattern.
- Shooting Star – A black or a white candlestick that has a small body, a long upper shadow and a little or no lower tail. Considered a bearish
- Spinning Top – A black or a white candlestick with a small body. The size of shadows can vary. Interpreted as a neutral pattern but gains importance when it is part of other formations.
- Big Black Candle – Has an unusually long black body with a wide range between high and low. Prices open near the high and close near the low. Considered a bearish pattern.
- Big White Candle – Has an unusually long white body with a wide range between high and low of the day. Prices open near the low and close near the high. Considered a bullish pattern.
- Black Body – Formed when the opening price is higher than the closing price. Considered to be a bearish signal.
- White Body – Formed when the closing price is higher than the opening price and considered a bullish signal.
- Shaven Bottom – A black or a white candlestick with no lower tail.
- Shaven Head – A black or a white candlestick with no upper shadow.
List Sourced From Wikipedia
Screenshots
Similar Indicators / Formulas
Indicator / Formula
SetChartOptions(0,chartShowArrows|chartShowDates); /*Body Colors*/ whiteBody=C>=O; blackBody=O>C; /*Body Size*/ smallBodyMaximum=0.0025;//less than 0.25% LargeBodyMinimum=0.01;//greater than 1.0% smallBody=(O>=C*(1-smallBodyMaximum) AND whiteBody) OR (C>=O*(1-smallBodyMaximum) AND blackBody); largeBody=(C>=O*(1+largeBodyMinimum) AND whiteBody) OR C<=O*(1-largeBodyMinimum) AND blackBody; mediumBody=NOT LargeBody AND NOT smallBody; identicalBodies=abs(abs(Ref(O,-1)-Ref(C,-1))-abs(O-C)) < abs(O-C)*smallBodyMaximum; realBodySize=abs(O-C); /*Shadows*/ smallUpperShadow=(whiteBody AND H<=C*(1+smallBodyMaximum)) OR (blackBody AND H<=O*(1+smallBodyMaximum)); smallLowerShadow=(whiteBody AND L>=O*(1-smallBodyMaximum)) OR (blackBody AND L>=C*(1-smallBodyMaximum)); largeUpperShadow=(whiteBody AND H>=C*(1+largeBodyMinimum)) OR (blackBody AND H>=O*(1+largeBodyMinimum)); largeLowerShadow=(whiteBody AND L<=O*(1-largeBodyMinimum)) OR (blackBody AND L<=C*(1-largeBodyMinimum)); /*Gaps*/ upGap= IIf(Ref(blackBody,-1)AND whiteBody AND O>Ref(O,-1),1, IIf(Ref(blackbody,-1) AND blackBody AND C>Ref(O,-1),1, IIf(Ref(whiteBody,-1) AND whiteBody AND O>Ref(C,-1),1, IIf(Ref(whiteBody,-1) AND blackBody AND C>Ref(C,-1),1,0)))); downGap=IIf(Ref(blackBody,-1)AND whiteBody AND C<Ref(C,-1),1, IIf(Ref(blackbody,-1) AND blackBody AND O<Ref(C,-1),1, IIf(Ref(whiteBody,-1) AND whiteBody AND C<Ref(O,-1),1, IIf(Ref(whiteBody,-1) AND blackBody AND O<Ref(O,-1),1,0)))); /*Maximum High Today - (MHT) Today is the maximum High in the last 5 days*/ MHT= HHV(H,5)==H; /*Maximum High Yesterday - (MHY) Yesterday is the maximum High in the last 5 days*/ MHY= HHV(H,5)==Ref ( H, -1); /*Minimum Low Today - (MLT) Today is the minimum Low in the last 5 days*/ MLT= LLV(L,5)==L; /*Minimum Low Yesterday - (MLY) Yesterday is the minimum Low in the last 5 days*/ MLY= LLV(L,5)==Ref(L,-1); /*DOJI definitions*/ /*Doji Today - (DT)*/ DT = abs(C-O) <= (C*smallBodyMaximum) OR (abs(O-C)<=((H-L)*0.1)); /* Doji Yesterday - (DY)*/ DY = abs(Ref ( C, -1)-Ref(O,-1)) <= Ref ( C, -1) *smallBodyMaximum OR abs (Ref ( O, -1)-Ref(C,-1)) <= (Ref ( H, -1 ) - Ref ( L, -1 ) )*0.1; O1 = Ref(O,-1);O2 = Ref(O,-2); H1 = Ref(H,-1);H2 = Ref(H,-2); L1 = Ref(L,-1);L2 = Ref(L,-2); C1 = Ref(C,-1);C2 = Ref(C,-2); NearDoji = (abs(O-C)<= ((H-L)*0.1)); BlackCandle = (O>C); LongBlackCandle = (O>C AND (O-C)/(0.001+H-L)>0.6); SmallBlackCandle = ((O>C) AND ((H-L)>(3*(O-C)))); WhiteCandle = (C>O); LongWhiteCandle = ((C>O) AND ((C-O)/(0.001+H-L)>0.6)); SmallWhiteCandle = ((C>O) AND ((H-L)>(3*(C-O)))); BlackMaubozu = (O>C AND H==O AND C==L); WhiteMaubozu = (C>O AND H==C AND O==L); BlackClosingMarubozu = (O>C AND C==L); WhiteClosingMarubozu = (C>O AND C==H); BlackOpeningMarubozu = (O>C AND O==H); WhiteOpeningMarubozu = (C>O AND O==L); HangingMan = (((H-L)>4*(O-C)) AND ((C-L)/(0.001+H-L)>= 0.75) AND ((O-L)/(0.001+H-L)>= 0.75)); Hammer = (((H-L)>3*(O-C)) AND ((C-L)/(0.001+H-L)>0.6) AND ((O-L)/(0.001+H-L)>0.6)); InvertedHammer = (((H-L)>3*(O-C)) AND ((H-C)/(0.001+H-L)>0.6) AND ((H-O)/(0.001+H-L)>0.6)); ShootingStar = (((H-L)>4*(O-C)) AND ((H-C)/(0.001+H-L)>= 0.75) AND ((H-O)/(0.001+H-L)>= 0.75)); BlackSpinningTop = ((O>C) AND ((H-L)>(3*(O-C))) AND (((H-O)/(0.001+H-L))<0.4) AND (((C-L)/(0.001+H-L))<0.4)); WhiteSpinningTop = ((C>O) AND ((H-L)>(3*(C-O))) AND (((H-C)/(0.001+H-L))<0.4) AND (((O-L)/(0.001+H-L))<0.4)); BearishAbandonedBaby = ((C1 == O1) AND (C2>O2) AND (O>C) AND (L1>H2) AND (L1>H)); BearishEveningDojiStar = ((C2>O2) AND ((C2-O2)/(0.001+H2-L2)>0.6) AND (C2<O1) AND (C1>O1) AND ((H1-L1)>(3*(C1-O1))) AND (O>C) AND (O<O1)); DarkCloudCover = (C1>O1 AND ((C1+O1)/2)>C AND O>C AND O>C1 AND C>O1 AND (O-C)/(0.001+(H-L)>0.6)); BearishEngulfing = ((C1>O1) AND (O>C) AND (O>= C1) AND (O1>= C) AND ((O-C)>(C1-O1))); ThreeOutsideDownPattern = ((C2>O2) AND (O1>C1) AND (O1>= C2) AND (O2>= C1) AND ((O1-C1)>(C2-O2)) AND (O>C) AND (C<C1)); BullishAbandonedBaby = ((C1 == O1) AND (O2>C2) AND (C>O) AND (L2>H1) AND (L>H1)); BullishMorningDojiStar = ((O2>C2) AND ((O2-C2)/(0.001+H2-L2)>0.6) AND (C2>O1) AND (O1>C1) AND ((H1-L1)>(3*(C1-O1))) AND (C>O) AND (O>O1)); BullishEngulfing = ((O1>C1) AND (C>O) AND (C>= O1) AND (C1>= O) AND ((C-O)>(O1-C1))); ThreeOutsideUpPattern = ((O2>C2) AND (C1>O1) AND (C1>= O2) AND (C2>= O1) AND ((C1-O1)>(O2-C2)) AND (C>O) AND (C>C1)); BullishHarami = ((O1>C1) AND (C>O) AND (C<= O1) AND (C1<= O) AND ((C-O)<(O1-C1))); ThreeInsideUpPattern = ((O2>C2) AND (C1>O1) AND (C1<= O2) AND (C2<= O1) AND ((C1-O1)<(O2-C2)) AND (C>O) AND (C>C1) AND (O>O1)); PiercingLine = ((C1<O1) AND (((O1+C1)/2)<C) AND (O<C) AND (O<C1) AND (C<O1) AND ((C-O)/(0.001+(H-L))>0.6)); BearishHarami = ((C1>O1) AND (O>C) AND (O<= C1) AND (O1<= C) AND ((O-C)<(C1-O1))); ThreeInsideDownPattern = ((C2>O2) AND (O1>C1) AND (O1<= C2) AND (O2<= C1) AND ((O1-C1)<(C2-O2)) AND (O>C) AND (C<C1) AND (O<O1)); ThreeWhiteSoldiers = (C>O*1.01) AND (C1>O1*1.01) AND (C2>O2*1.01) AND (C>C1) AND (C1>C2) AND (O<C1) AND (O>O1) AND (O1<C2) AND (O1>O2) AND (((H-C)/(H-L))<0.2) AND (((H1-C1)/(H1-L1))<0.2) AND (((H2-C2)/(H2-L2))<0.2); DarkCloudCover = (C1>O1*1.01) AND (O>C) AND (O>H1) AND (C>O1) AND (((C1+O1)/2)>C) AND (C>O1) AND (MA(C,13)-Ref(MA(C,13),-4)>0); ThreeBlackCrows = (O>C*1.01) AND (O1>C1*1.01) AND (O2>C2*1.01) AND (C<C1) AND (C1<C2) AND (O>C1) AND (O<O1) AND (O1>C2) AND (O1<O2) AND (((C-L)/(H-L))<0.2) AND (((C1-L1)/(H1-L1))<0.2) AND (((C2-L2)/(H2-L2))<0.2); eveningStar=Ref(LargeBody,-2) AND Ref(whiteBody,-2) AND Ref(upGap,-1) AND NOT Ref(largeBody,-1) AND blackBody AND NOT smallBody AND (MHT OR MHY); morningStar =Ref(largeBody,-2) AND Ref(blackBody,-2) AND Ref(downGap,-1) AND whiteBody AND LargeBody AND C>Ref(C,-2) AND MLY; Doji = (O == C); MATCHLOW = LLV(Low,8)==LLV(Low,2) AND Ref(Close,-1)<=Ref(Open,-1)*.99 AND abs(Close-Ref(Close,-1))<=Close*.0025 AND Open>Ref(Close,-1) AND Open<=(High-((High-Low)*.5)); GapUpx = GapUp(); GapDownx = GapDown(); BigGapUp = L>1.01*H1; BigGapDown = H<0.99*L1; HugeGapUp = L>1.02*H1; HugeGapDown = H<0.98*L1; DoubleGapUp = GapUp() AND Ref(GapUp(),-1); DoubleGapDown = GapDown() AND Ref(GapDown(),-1); c_Status = WriteIf(HangingMan, "Hanging Man", WriteIf(ShootingStar, "Shooting Star", WriteIf(DarkCloudCover, "Dark Cloud Cover", WriteIf(BearishEngulfing, "Bearish Engulfing", WriteIf(BearishHarami, "Bearish Harami", WriteIf(eveningStar, "Evening Star", WriteIf(Hammer, "Hammer", WriteIf(InvertedHammer, "Inverted Hammer", WriteIf(PiercingLine, "Piercing Line", WriteIf(BullishEngulfing, "Bullish Engulfing", WriteIf(BullishHarami, "Bullish Harami", WriteIf(morningStar, "Morning Star", WriteIf(NearDoji, "Near Doji", WriteIf(Doji, "Doji", WriteIf(MATCHLOW,"MATCHING LOW", "Zilch" ))))))))))))))); P_status = WriteIf(GapUpx, "Gap Up", WriteIf(GapDownx, "Gap Down", WriteIf(BigGapUp, "Big Gap Up", WriteIf(BigGapDown, "Big Gap Down", WriteIf(HugeGapUp, "Huge Gap Up", WriteIf(HugeGapDown, "Huge Gap Down", WriteIf(DoubleGapUp, "Double Gap Up", WriteIf(DoubleGapDown, "DoubleGapDown", "Zilch" )))))))); /*Tweezer Top*/ TweezerTop=abs(H-Ref(H,-1))<=H*0.0025 AND O >C AND (Ref(C,-1) > Ref(O,-1))AND (MHT OR MHY); /*Tweezer Bottom*/ tweezerBottom= (abs(L-Ref(L,-1))/L<0.0025 OR abs(L-Ref(L,-2))/L<0.0025) AND O < C AND (Ref( O,-1) > Ref(C,-1)) AND (MLT OR MLY); PATTERN = WriteIf(tweezerTop, "Tweezer Top", WriteIf(tweezerBottom, "Tweezer Bottom","Zilch" )); Filter = tweezerTop OR tweezerBottom; /*Body Colors*/ whiteBody=C>=O; blackBody=O>C; /*Body Size*/ smallBodyMaximum=0.0025;//less than 0.25% LargeBodyMinimum=0.01;//greater than 1.0% smallBody=(O>=C*(1-smallBodyMaximum) AND whiteBody) OR (C>=O*(1-smallBodyMaximum) AND blackBody); largeBody=(C>=O*(1+largeBodyMinimum) AND whiteBody) OR C<=O*(1-largeBodyMinimum) AND blackBody; mediumBody=NOT LargeBody AND NOT smallBody; identicalBodies=abs(abs(Ref(O,-1)-Ref(C,-1))-abs(O-C)) < abs(O-C)*smallBodyMaximum; realBodySize=abs(O-C); /*Shadows*/ smallUpperShadow=(whiteBody AND H<=C*(1+smallBodyMaximum)) OR (blackBody AND H<=O*(1+smallBodyMaximum)); smallLowerShadow=(whiteBody AND L>=O*(1-smallBodyMaximum)) OR (blackBody AND L>=C*(1-smallBodyMaximum)); largeUpperShadow=(whiteBody AND H>=C*(1+largeBodyMinimum)) OR (blackBody AND H>=O*(1+largeBodyMinimum)); largeLowerShadow=(whiteBody AND L<=O*(1-largeBodyMinimum)) OR (blackBody AND L<=C*(1-largeBodyMinimum)); /*Gaps*/ upGap= IIf(Ref(blackBody,-1)AND whiteBody AND O>Ref(O,-1),1, IIf(Ref(blackbody,-1) AND blackBody AND C>Ref(O,-1),1, IIf(Ref(whiteBody,-1) AND whiteBody AND O>Ref(C,-1),1, IIf(Ref(whiteBody,-1) AND blackBody AND C>Ref(C,-1),1,0)))); downGap=IIf(Ref(blackBody,-1)AND whiteBody AND C<Ref(C,-1),1, IIf(Ref(blackbody,-1) AND blackBody AND O<Ref(C,-1),1, IIf(Ref(whiteBody,-1) AND whiteBody AND C<Ref(O,-1),1, IIf(Ref(whiteBody,-1) AND blackBody AND O<Ref(O,-1),1,0)))); /*Maximum High Today - (MHT) Today is the maximum High in the last 5 days*/ MHT= HHV(H,5)==H; /*Maximum High Yesterday - (MHY) Yesterday is the maximum High in the last 5 days*/ MHY= HHV(H,5)==Ref ( H, -1); /*Minimum Low Today - (MLT) Today is the minimum Low in the last 5 days*/ MLT= LLV(L,5)==L; /*Minimum Low Yesterday - (MLY) Yesterday is the minimum Low in the last 5 days*/ MLY= LLV(L,5)==Ref(L,-1); /*DOJI definitions*/ /*Doji Today - (DT)*/ DT = abs(C-O) <= (C*smallBodyMaximum) OR (abs(O-C)<=((H-L)*0.1)); /* Doji Yesterday - (DY)*/ DY = abs(Ref ( C, -1)-Ref(O,-1)) <= Ref ( C, -1) *smallBodyMaximum OR abs (Ref ( O, -1)-Ref(C,-1)) <= (Ref ( H, -1 ) - Ref ( L, -1 ) )*0.1; O1 = Ref(O,-1);O2 = Ref(O,-2); H1 = Ref(H,-1);H2 = Ref(H,-2); L1 = Ref(L,-1);L2 = Ref(L,-2); C1 = Ref(C,-1);C2 = Ref(C,-2); NearDoji = (abs(O-C)<= ((H-L)*0.1)); BlackCandle = (O>C); LongBlackCandle = (O>C AND (O-C)/(0.001+H-L)>0.6); SmallBlackCandle = ((O>C) AND ((H-L)>(3*(O-C)))); WhiteCandle = (C>O); LongWhiteCandle = ((C>O) AND ((C-O)/(0.001+H-L)>0.6)); SmallWhiteCandle = ((C>O) AND ((H-L)>(3*(C-O)))); BlackMaubozu = (O>C AND H==O AND C==L); WhiteMaubozu = (C>O AND H==C AND O==L); BlackClosingMarubozu = (O>C AND C==L); WhiteClosingMarubozu = (C>O AND C==H); BlackOpeningMarubozu = (O>C AND O==H); WhiteOpeningMarubozu = (C>O AND O==L); HangingMan = (((H-L)>4*(O-C)) AND ((C-L)/(0.001+H-L)>= 0.75) AND ((O-L)/(0.001+H-L)>= 0.75)); Hammer = (((H-L)>3*(O-C)) AND ((C-L)/(0.001+H-L)>0.6) AND ((O-L)/(0.001+H-L)>0.6)); InvertedHammer = (((H-L)>3*(O-C)) AND ((H-C)/(0.001+H-L)>0.6) AND ((H-O)/(0.001+H-L)>0.6)); ShootingStar = (((H-L)>4*(O-C)) AND ((H-C)/(0.001+H-L)>= 0.75) AND ((H-O)/(0.001+H-L)>= 0.75)); BlackSpinningTop = ((O>C) AND ((H-L)>(3*(O-C))) AND (((H-O)/(0.001+H-L))<0.4) AND (((C-L)/(0.001+H-L))<0.4)); WhiteSpinningTop = ((C>O) AND ((H-L)>(3*(C-O))) AND (((H-C)/(0.001+H-L))<0.4) AND (((O-L)/(0.001+H-L))<0.4)); BearishAbandonedBaby = ((C1 == O1) AND (C2>O2) AND (O>C) AND (L1>H2) AND (L1>H)); BearishEveningDojiStar = ((C2>O2) AND ((C2-O2)/(0.001+H2-L2)>0.6) AND (C2<O1) AND (C1>O1) AND ((H1-L1)>(3*(C1-O1))) AND (O>C) AND (O<O1)); DarkCloudCover = (C1>O1 AND ((C1+O1)/2)>C AND O>C AND O>C1 AND C>O1 AND (O-C)/(0.001+(H-L)>0.6)); BearishEngulfing = ((C1>O1) AND (O>C) AND (O>= C1) AND (O1>= C) AND ((O-C)>(C1-O1))); ThreeOutsideDownPattern = ((C2>O2) AND (O1>C1) AND (O1>= C2) AND (O2>= C1) AND ((O1-C1)>(C2-O2)) AND (O>C) AND (C<C1)); BullishAbandonedBaby = ((C1 == O1) AND (O2>C2) AND (C>O) AND (L2>H1) AND (L>H1)); BullishMorningDojiStar = ((O2>C2) AND ((O2-C2)/(0.001+H2-L2)>0.6) AND (C2>O1) AND (O1>C1) AND ((H1-L1)>(3*(C1-O1))) AND (C>O) AND (O>O1)); BullishEngulfing = ((O1>C1) AND (C>O) AND (C>= O1) AND (C1>= O) AND ((C-O)>(O1-C1))); ThreeOutsideUpPattern = ((O2>C2) AND (C1>O1) AND (C1>= O2) AND (C2>= O1) AND ((C1-O1)>(O2-C2)) AND (C>O) AND (C>C1)); BullishHarami = ((O1>C1) AND (C>O) AND (C<= O1) AND (C1<= O) AND ((C-O)<(O1-C1))); ThreeInsideUpPattern = ((O2>C2) AND (C1>O1) AND (C1<= O2) AND (C2<= O1) AND ((C1-O1)<(O2-C2)) AND (C>O) AND (C>C1) AND (O>O1)); PiercingLine = ((C1<O1) AND (((O1+C1)/2)<C) AND (O<C) AND (O<C1) AND (C<O1) AND ((C-O)/(0.001+(H-L))>0.6)); BearishHarami = ((C1>O1) AND (O>C) AND (O<= C1) AND (O1<= C) AND ((O-C)<(C1-O1))); ThreeInsideDownPattern = ((C2>O2) AND (O1>C1) AND (O1<= C2) AND (O2<= C1) AND ((O1-C1)<(C2-O2)) AND (O>C) AND (C<C1) AND (O<O1)); ThreeWhiteSoldiers = (C>O*1.01) AND (C1>O1*1.01) AND (C2>O2*1.01) AND (C>C1) AND (C1>C2) AND (O<C1) AND (O>O1) AND (O1<C2) AND (O1>O2) AND (((H-C)/(H-L))<0.2) AND (((H1-C1)/(H1-L1))<0.2) AND (((H2-C2)/(H2-L2))<0.2); DarkCloudCover = (C1>O1*1.01) AND (O>C) AND (O>H1) AND (C>O1) AND (((C1+O1)/2)>C) AND (C>O1) AND (MA(C,13)-Ref(MA(C,13),-4)>0); ThreeBlackCrows = (O>C*1.01) AND (O1>C1*1.01) AND (O2>C2*1.01) AND (C<C1) AND (C1<C2) AND (O>C1) AND (O<O1) AND (O1>C2) AND (O1<O2) AND (((C-L)/(H-L))<0.2) AND (((C1-L1)/(H1-L1))<0.2) AND (((C2-L2)/(H2-L2))<0.2); eveningStar=Ref(LargeBody,-2) AND Ref(whiteBody,-2) AND Ref(upGap,-1) AND NOT Ref(largeBody,-1) AND blackBody AND NOT smallBody AND (MHT OR MHY); morningStar =Ref(largeBody,-2) AND Ref(blackBody,-2) AND Ref(downGap,-1) AND whiteBody AND LargeBody AND C>Ref(C,-2) AND MLY; Doji = (O == C); MATCHLOW = LLV(Low,8)==LLV(Low,2) AND Ref(Close,-1)<=Ref(Open,-1)*.99 AND abs(Close-Ref(Close,-1))<=Close*.0025 AND Open>Ref(Close,-1) AND Open<=(High-((High-Low)*.5)); GapUpx = GapUp(); GapDownx = GapDown(); BigGapUp = L>1.01*H1; BigGapDown = H<0.99*L1; HugeGapUp = L>1.02*H1; HugeGapDown = H<0.98*L1; DoubleGapUp = GapUp() AND Ref(GapUp(),-1); DoubleGapDown = GapDown() AND Ref(GapDown(),-1); c_Status = WriteIf(HangingMan, "Hanging Man", WriteIf(ShootingStar, "Shooting Star", WriteIf(DarkCloudCover, "Dark Cloud Cover", WriteIf(BearishEngulfing, "Bearish Engulfing", WriteIf(BearishHarami, "Bearish Harami", WriteIf(eveningStar, "Evening Star", WriteIf(Hammer, "Hammer", WriteIf(InvertedHammer, "Inverted Hammer", WriteIf(PiercingLine, "Piercing Line", WriteIf(BullishEngulfing, "Bullish Engulfing", WriteIf(BullishHarami, "Bullish Harami", WriteIf(morningStar, "Morning Star", WriteIf(NearDoji, "Near Doji", WriteIf(Doji, "Doji", WriteIf(MATCHLOW,"MATCHING LOW", "Zilch" ))))))))))))))); P_status = WriteIf(GapUpx, "Gap Up", WriteIf(GapDownx, "Gap Down", WriteIf(BigGapUp, "Big Gap Up", WriteIf(BigGapDown, "Big Gap Down", WriteIf(HugeGapUp, "Huge Gap Up", WriteIf(HugeGapDown, "Huge Gap Down", WriteIf(DoubleGapUp, "Double Gap Up", WriteIf(DoubleGapDown, "DoubleGapDown", "Zilch" )))))))); /*Tweezer Top*/ TweezerTop=abs(H-Ref(H,-1))<=H*0.0025 AND O >C AND (Ref(C,-1) > Ref(O,-1)); /*Tweezer Bottom*/ tweezerBottom= (abs(L-Ref(L,-1))/L<0.0025 OR abs(L-Ref(L,-2))/L<0.0025) AND O < C AND (Ref( O,-1) > Ref(C,-1)); PATTERN = WriteIf(tweezerTop, "Tweezer Top", WriteIf(tweezerBottom, "Tweezer Bottom","Zilch" )); Filter = tweezerTop OR tweezerBottom; //AddTextColumn(PATTERN, "Tweezer Pattern", 5.6, colorWhite, IIf(TweezerTop, colorRed, //IIf(TweezerBottom, colorGreen, colorLightGrey))); //AddTextColumn(C_Status, "Candle Pattern", 5.6, colorWhite, IIf(HangingMan OR ShootingStar OR DarkCloudCover OR BearishEngulfing OR BearishHarami OR eveningStar, colorRed, //IIf(Hammer OR InvertedHammer OR PiercingLine OR BullishEngulfing OR BullishHarami OR morningStar OR MATCHLOW, colorGreen, IIf( NearDoji OR Doji, colorBlue, colorLightGrey)))); AddTextColumn(P_Status, "Price Pattern", 5.6, colorWhite, IIf(GapDownx OR BigGapDown OR HugeGapDown OR DoubleGapDown, colorRed, IIf(GapUpx OR BigGapUp OR HugeGapUp OR DoubleGapUp, colorGreen, colorLightGrey))); AddTextColumn(PATTERN + " And " + C_Status, "Tweezer Pattern" , 5.6, colorWhite, IIf(TweezerTop, colorRed, IIf(TweezerBottom, colorGreen, colorLightGrey))); AddColumn(C," CURRENT PRICE",1.2, IIf(C >Ref(C,-1),colorGreen,colorRed)); AddColumn(V," VOL TODAY ",1.2, IIf(V > MA(V,20),colorGreen, colorLightGrey)); /************************************************** ***** Candlestick Commentary Load this file into the Commentary Option of the Analysis tab. Green arrows indicate bullish candles. Red arrows indicate bearish candles. Scroll down the commentary for comments. This is a work in progress. Thanks to all on this forum whose code I may have incorporated into this file. Comments are from Steve Nison "Japanese Candlestick Charting Techniques" and the LitWick web site. ************************************************** ********/ /*Body Colors*/ whiteBody=C>=O; blackBody=O>C; /*Body Size*/ smallBodyMaximum=0.0025;//less than 0.25% LargeBodyMinimum=0.01;//greater than 1.0% smallBody=(O>=C*(1-smallBodyMaximum) AND whiteBody) OR (C>=O*(1-smallBodyMaximum) AND blackBody); largeBody=(C>=O*(1+largeBodyMinimum) AND whiteBody) OR C<=O*(1-largeBodyMinimum) AND blackBody; mediumBody=NOT LargeBody AND NOT smallBody; identicalBodies=abs(abs(Ref(O,-1)-Ref(C,-1))-abs(O-C)) < abs(O-C)*smallBodyMaximum; realBodySize=abs(O-C); /*Shadows*/ smallUpperShadow=(whiteBody AND H<=C*(1+smallBodyMaximum)) OR (blackBody AND H<=O*(1+smallBodyMaximum)); smallLowerShadow=(whiteBody AND L>=O*(1-smallBodyMaximum)) OR (blackBody AND L>=C*(1-smallBodyMaximum)); largeUpperShadow=(whiteBody AND H>=C*(1+largeBodyMinimum)) OR (blackBody AND H>=O*(1+largeBodyMinimum)); largeLowerShadow=(whiteBody AND L<=O*(1-largeBodyMinimum)) OR (blackBody AND L<=C*(1-largeBodyMinimum)); /*Gaps*/ upGap= IIf(Ref(blackBody,-1)AND whiteBody AND O>Ref(O,-1),1, IIf(Ref(blackbody,-1) AND blackBody AND C>Ref(O,-1),1, IIf(Ref(whiteBody,-1) AND whiteBody AND O>Ref(C,-1),1, IIf(Ref(whiteBody,-1) AND blackBody AND C>Ref(C,-1),1,0)))); downGap=IIf(Ref(blackBody,-1)AND whiteBody AND C<Ref(C,-1),1, IIf(Ref(blackbody,-1) AND blackBody AND O<Ref(C,-1),1, IIf(Ref(whiteBody,-1) AND whiteBody AND C<Ref(O,-1),1, IIf(Ref(whiteBody,-1) AND blackBody AND O<Ref(O,-1),1,0)))); /*Candle Definitions*/ spinningTop=mediumBody; doji=CdDoji(threshold=0.05);/*abs(C-O) <= (C*smallBodyMaximum) OR (abs(O-C)<=((H-L)*0.1));*/ dojiStar=doji AND (upgap OR downgap)AND Ref(LargeBody,-1); marabuzu=LargeBody AND smallUpperShadow AND smallLowerShadow; shootingStar=/*(NOT largeBody AND smallLowerShadow AND LargeUpperShadow) OR*/ smallLowerShadow AND NOT doji AND ((blackBody AND abs(O-H)>2*realBodySize) OR (whiteBody AND abs(H-C)>2*realBodySize)); Hammer=smallUpperShadow AND NOT doji AND ((blackBody AND abs(C-L)>2*realBodySize) OR (whiteBody AND abs(L-O)>2*realBodySize)); tweezerTop=abs(H-Ref(H,-1))<=H*0.0025; tweezerBottom=abs(L-Ref(L,-1))<=L*0.0025; engulfing= IIf(blackBody AND Ref(blackbody,-1) AND C<Ref(C,-1) AND O>Ref(O,-1),1, IIf(blackBody AND Ref(whiteBody,-1) AND O>Ref(C,-1) AND C<Ref(O,-1),1, IIf(whitebody AND Ref(whitebody,-1) AND C>Ref(C,-1) AND O<Ref(O,-1),1, IIf(whiteBody AND Ref(blackBody,-1) AND C>Ref(O,-1)AND O<Ref(C,-1),1,0)))); Harami= IIf(blackbody AND Ref(blackBody,-1) AND O<Ref(O,-1) AND C>Ref(C,-1),1, IIf(blackBody AND Ref(whiteBody,-1) AND C>Ref(O,-1) AND O<Ref(C,-1),1, IIf(whiteBody AND Ref(whiteBody,-1) AND C<Ref(C,-1) AND O>Ref(O,-1),1, IIf(whiteBody AND Ref(blackBody,-1) AND O>Ref(C,-1) AND C<Ref(O,-1),1,0)))); /*Maximum High Today - (MHT) Today is the maximum High in the last 5 days*/ MHT= HHV(H,5)==H; /*Maximum High Yesterday - (MHY) Yesterday is the maximum High in the last 5 days*/ MHY= HHV(H,5)==Ref ( H, -1); /*Minimum Low Today - (MLT) Today is the minimum Low in the last 5 days*/ MLT= LLV(L,5)==L; /*Minimum Low Yesterday - (MLY) Yesterday is the minimum Low in the last 5 days*/ MLY= LLV(L,5)==Ref(L,-1); /*DOJI definitions*/ /*Doji Today - (DT)*/ DT = abs(C-O) <= (C*smallBodyMaximum) OR (abs(O-C)<=((H-L)*0.1)); /* Doji Yesterday - (DY)*/ DY = abs(Ref ( C, -1)-Ref(O,-1)) <= Ref ( C, -1) *smallBodyMaximum OR abs (Ref ( O, -1)-Ref(C,-1)) <= (Ref ( H, -1 ) - Ref ( L, -1 ) )*0.1; /************************************************** BULLISH CANDLESTICKS ************************************************** * */ /* Abandoned Baby Bullish*/ abandonedBabybullish =Ref(largeBody,-2) AND Ref(blackBody,-2)//Large black candle AND Ref(GapDown(),-1) AND whiteBody AND LargeBody AND GapUp();//Large white candle /* Belt Hold*///Bad formula beltHoldBullish = largeBody AND smallLowerShadow AND whiteBody AND MLT; /*BreakAway Bullish*/ breakAwayBullish=Ref(Largebody,-4) AND Ref(blackBody,-4) AND Ref(blackBody,-3) AND Ref(O,-3)<Ref(C,-4) AND Ref(smallbody,-2) AND Ref(C,-2)<Ref(C,-3) AND Ref(C,-1)<Ref(C,-2) AND LargeBody AND whiteBody AND C>Ref(O, -3) AND C<Ref(C,-4); /*Concealing Baby Swallow only one trade */ ConcealingBabySwallow=Ref(marabuzu,-3) AND Ref(blackbody,-3) AND Ref(MArabuzu,-2) AND Ref(blackBody,-2) AND Ref(blackBody,-1) AND Ref(downGap,-1) AND Ref(H,-1)>Ref(C,-2)AND Ref(blackbody,-1)AND blackBody AND engulfing; /*Doji Star Bullish*/ dojiStarBullish=(dojiStar AND (MLT OR MLY))OR (doji AND (C<Ref(C,-1) OR O<Ref(C,-1))AND Ref(blackBody,-1) AND Ref(LargeBody,-1)); /*Engulfing Bullish*/ engulfingBullish = engulfing AND largeBody AND whiteBody AND (Ref(blackbody,-1) OR Ref(Doji,-1)) AND MLT; /*Hammer Bullish*/ hammerBullish=Hammer AND (MLT OR MLY); /*Dragonfly Doji Bullish*/ dragonflyDoji=smallBody AND LargeLowerShadow AND smallUpperShadow AND MLT; /* Harami Bullish*/ haramiBullish = harami AND Ref (LargeBody,-1) AND Ref(blackBody,-1) AND NOT LargeBody AND whiteBody; /*Harami Cross*/ HaramiCross=harami AND Ref(LargeBody,-1) AND Ref(blackBody,-1) AND doji; /* Homing Pigeon*/ homingPigeon = Ref(largeBody,-1) AND Ref(blackBody,-1) AND H<= Ref ( O, -1 ) AND L>=Ref( C, -1) AND C<O AND MLY; /*Inverted Hammer*/ invertedHammer=shootingStar AND (MLT OR MLY); /* Meeting LinesBullish*/ meetingLinesbullish= Ref(LargeBody,-1) AND Ref(blackBody,-1) AND LargeBody AND whiteBody AND C>Ref(C,-1)*0.9975 AND C< Ref(C,-1)*1.0025; /*Morning Doji Star*/ morningDojiStar= Ref(LargeBody,-2) AND Ref(blackBody,-2) AND Ref(doji,-1) AND Ref(O,-1)<Ref(C,-2) AND whiteBody AND C>Ref(C,-2) AND MLY; /* Morning Star*/ morningStar =Ref(largeBody,-2) AND Ref(blackBody,-2)//Large black candle AND Ref(downGap,-1)//Gap down yesterday AND whiteBody AND LargeBody AND C>Ref(C,-2)//Large white candle today AND MLY; //Yesterday was the low /* Piercing Line*/ piercingLine= Ref(largeBody,-1) AND Ref(blackBody,-1)AND O<Ref(L,-1) AND C>=(Ref(O,-1)+Ref(C,-1))/2 AND C<Ref(O,-1) AND MLT; /* Stick Sandwich*/ stickSandwich=Ref(largeBody,-2) AND Ref(blackbody,-2) AND Ref(largeBody,-1) AND Ref(whiteBody,-1) AND Ref(O,-1)>=Ref(C,-2) AND O>=Ref(C,-1) AND abs(C-Ref(C,-2))<=C*0.0025; /*Three Inside Up harami confirming*/ threeInsideUp =Ref(Haramibullish,-1) AND whiteBody AND largeBody AND C>Ref(C,-1); /* Three Outside Up Engulfing confirmation*/ threeOutsideUp =Ref(engulfingBullish,-1) AND whiteBody AND C>Ref(C,-1); /* Three Stars in the South*///Rewrite??? threeStarsInTheSouth= Ref(LargeBody,-2) AND Ref(blackBody,-2) AND Ref(largelowerShadow,-2) AND Ref(blackBody,-1) AND Ref(largeLowerShadow,-1) AND Ref(L,-1)>Ref(L,-2) AND blackBody AND smallUpperShadow AND smallLowerShadow AND L>Ref(L,-1) AND H<Ref(H,-1); /* Tri-Star Bullish*/ triStarBullish=Ref(doji,-2) AND Ref(doji,-1) AND doji AND MLY AND Ref(downgap,-1) AND upGap; /* Three River Bottom Bad formula*/ threeriverBottom=Ref(largeBody,-2) AND Ref(blackBody,-2) AND Ref(blackbody,-1) AND Ref(Largelowershadow,-1) AND Ref(O,-1)<Ref(O,-2) AND Ref(C,-1)>Ref(C,-2) AND whiteBody AND C<Ref(C,-1) AND MLY; /* Mat Hold Bullish*/ MAtHoldBullish=Ref(LargeBody,-4) AND Ref(whiteBody,-4)//1st day AND Ref(blackBody,-3) AND Ref(upGap,-3) AND NOT Ref(LargeBody,-3) AND NOT Ref(LargeBody,-2) AND Ref(C,-2)<Ref(C,-3) AND Ref (O,-2)<Ref(O,-3) AND Ref(C,-2)>Ref(O,-4) AND NOT Ref(LargeBody,-1) AND Ref(C,-1)<Ref(C,-2) AND LargeBody AND whiteBody AND C>Ref(C,-4); /*RisingThreeMethods*/ risingThreeMethods=Ref(LargeBody,-4) AND Ref(whiteBody,-4) AND NOT Ref(LargeBody,-3) AND NOT Ref(LargeBody,-2)AND NOT Ref(LargeBody,-1) AND Ref(C,-3)<Ref(C,-4) AND Ref(C,-2)<Ref(C,-3) AND Ref(C,-1)<Ref(C,-2) AND LargeBody AND whitebody AND C>Ref(C,-4); /* Seperating Lines Bullish*/ separatingLinesBullish=Ref(blackBody,-1) AND whiteBody AND LargeBody AND smallLowerShadow AND MHT AND abs(O-Ref(O,-1))<=O*0.0025; /*Side by Side White Lines*/ sideBySideWhiteLines=NOT Ref(smallBody,-2) AND Ref(whiteBody,-2) AND Ref(upGap,-1) AND Ref(whitebody,-1)AND whiteBody AND identicalBodies AND abs(O-Ref(O,-1))<O*0.0025; /*Three White Soldiers*/ threeWhiteSoldiers=NOT Ref(smallbody,-2) AND Ref(whiteBody,-2) AND NOT Ref(smallBody,-1) AND Ref(whiteBody,-1) AND NOT smallBody AND whiteBody AND C>Ref(C,-1) AND Ref(C,-1)>Ref(C,-2) AND Ref(O,-1)>Ref(O,-2) AND Ref(O,-1)<Ref(C,-2) AND O<Ref(C,-1) AND O>Ref(O,-1) AND Ref(smallUpperShadow,-2) AND Ref(smallUpperShadow,-1) AND smallUppershadow AND LLV(L,12)==Ref(L,-2); /*Upside Gap Three Methods not very good*/ upsideGapThreeMethods=Ref(Largebody,-2) AND Ref(whiteBody,-2) AND Ref(LargeBody,-1) AND Ref(whiteBody,-1) AND Ref(upGap,-1) AND blackBody AND O>Ref(O,-1) AND C<Ref(C,-2)AND C>Ref(O,-2) AND MHY; /*Three Line Strike not good signals*/ threeLineStrike=NOT Ref(smallBody,-3) AND NOT Ref(smallBody,-2) AND NOT Ref(smallBody,-1) AND Ref(whiteBody,-3) AND Ref(whiteBody,-2) AND Ref(whiteBody,-1) AND Ref(C,-1)>Ref(C,-2) AND Ref(C,-2)>Ref(C,-3) AND blackBody AND O>Ref(C,-1) AND C<Ref(O,-3); /*Tweezer Bottom*/ tweezerBottom= (abs(L-Ref(L,-1))/L<0.0025 OR abs(L-Ref(L,-2))/L<0.0025) AND O < C AND (Ref( O,-1) > Ref(C,-1)); /*Upside Tasuki Gap*/ upsideTasukiGap=Ref(largeBody,-2) AND Ref(largeBody,1) AND Ref(whiteBody,-2) AND Ref(whiteBody,-1) AND Ref(upGap,-1) AND blackBody AND O>Ref(O,-1) AND C<Ref(O,-1) AND C>Ref(C,-2) AND identicalBodies AND O<Ref(C,-1); //AND HHV(H,5)==Ref(H,-1); Do not use this line /***************************************** BEARISH CANDLESTICKS ******************************************/ /*Abandoned Baby Bearish*/ AbandonedBabyBearish=Ref(LargeBody,-2) AND Ref(whiteBody,-2) AND Ref(smallBody,-1) AND Ref(GapUp(),-1) AND GapDown() AND NOT smallBody AND blackBody AND MHY; /*Advance Block Bearish*/ AdvanceBlockBearish=Ref(LargeBody,-2) AND Ref(whiteBody,-2) AND Ref(whiteBody,-1) AND whiteBody AND Ref(O,-1)>Ref(O,-2) AND Ref(O,-1)<Ref(C,-2) AND Ref(C,-1)>Ref(C,-2) AND C>Ref(C,-1) AND O<Ref(C,-1) AND O>Ref(O,-1) AND Ref(LargeUpperShadow,-1) AND LargeUpperShadow AND C-O<Ref(C,-1)-Ref(O,-1) AND Ref(C,-1)-Ref(O,-1) < Ref(C,-2)-Ref(O,-2); /*Belt Hold Bearish*/ beltHoldBearish=LargeBody AND BlackBody AND smalluppershadow AND MHT; /*Breakaway Bearish*/ breakAwayBearish=Ref(LargeBody,-4) AND Ref(whiteBody,-4) AND Ref(GapUp(),-3) AND Ref(whiteBody,-3) AND Ref(smallbody,-2) AND Ref(smallBody,-1) AND blackBody AND O>Ref(O,-3) AND C<Ref(C,-4); /*Dark Cloud Cover*/ darkCloudCover=Ref(LargeBody,-1) AND Ref(whiteBody,-1) AND blackBody AND O>Ref(H,-1) AND C>Ref(O,-1) AND C<(Ref(O,-1)+Ref(C,-1))/2 AND MHT; /*Deliberation Bearish: needs confirmation*/ deliberationBearish=Ref(LargeBody,-2) AND Ref(whiteBody,-2) AND Ref(LargeBody,-1) AND Ref(whiteBody,-1) AND Ref(C,-1)>Ref(C,-2) AND smallbody AND upGap; /*CounterAttackBearish*/ CounterAttackBearish=MHT AND LargeBody AND blackbody AND Ref(largeBody,-1) AND Ref(whiteBody,-1) AND C<Ref(C,-1)*1.0025 AND C>Ref(C,-1)*0.9975;; /*Doji Star Bearish*/ dojiStarBearish=(dojiStar AND (MHT OR MHY))OR (doji AND (C>Ref(C,-1) OR O>Ref(C,-1))AND Ref(whiteBody,-1) AND Ref(LargeBody,-1)); /*Engulfing Bearish*/ engulfingBearish=engulfing AND largeBody AND blackBody AND (Ref(whitebody,-1) OR Ref(Doji,-1))AND (MHT OR MHY); /*Evening Doji Star check formula???*/ eveningDojiStar=Ref(LargeBody,-2) AND Ref(whiteBody,-2) AND Ref(dojiStar,-1) AND Ref(GapUp(),-1) AND (MHY OR MHT); /*Evening Star*/ eveningStar=Ref(LargeBody,-2) AND Ref(whiteBody,-2) AND Ref(upGap,-1) AND NOT Ref(largeBody,-1) AND blackBody AND NOT smallBody AND (MHT OR MHY); /*Hammer Bearish*/ HammerBearish=Hammer AND HHV(H,8)==H; /*hangingMan*/ HangingMan=NOT largeBody AND smallUpperShadow AND LargeLowerShadow AND MHT; /*dragonfly Doji Bearish*/ dragonflyDojiBearish=doji AND smallUpperShadow AND LargeLowerShadow AND MHT; /*Harami Bearish-*/ HaramiBearish=harami AND Ref(Largebody,-1) AND Ref(whiteBody,-1)AND blackBody AND (MHY OR MHT); /*HaramiCross Bearish*/ HaramiCrossBearish=harami AND doji AND Ref(whiteBody,-1) AND Ref(Largebody,-1); /*Identical three black crows*/ idendicalThreeBlackCrows=Ref(blackBody,-2) AND Ref(blackBody,-1) AND blackBody AND abs(Ref(C,-2)-Ref(O,-1))<Ref(C,-1)*0.0025 AND abs(Ref(C,-1)-O)<O*0.0025 AND HHV(H,20)==Ref(H,-2) AND NOT Ref(doji,-2) AND NOT Ref(doji,-1) AND NOT doji AND Ref(smallLowerShadow,-2) AND Ref(smallLowerShadow,-1) AND smallLowerShadow; /*Kicking Bearish No trades*/ kickingBearish=Ref(whiteBody,-1) AND Ref(MArabuzu,-1) AND blackBody AND MArabuzu AND GapDown(); /*Meeting Lines Bearish*/ MeetingLinesBearish=Ref(LargeBody,-1) AND Ref(whiteBody,-1) AND HHV(C,8)==Ref(C,-1) AND LargeBody AND blackBody AND abs(C-Ref(C,-1))<C*0.0025; /*ShootingStar*/ shootingStarGap=shootingStar AND GapUp() AND MHT; /*Gravestone Doji*/ gravestoneDoji=doji AND largeUpperShadow AND smallLowerShadow AND GapUp()AND MHT; /*Three Inside Down Bearish*/ threeInsideDownBearish=Ref(HaramiBearish,-1) AND blackBody AND C<Ref(C,-1)AND smallUpperShadow; /*Three Outside Down Bearish*/ threeoutsideDownBearish=Ref(engulfingBearish,-1) AND blackBody AND C<Ref(C,-1)AND NOT LargeUpperShadow; /*Tri Star Bearish*/ triStarBearish=Ref(doji,-2) AND Ref(doji,-1) AND doji AND MHY AND Ref(upGap,-1)AND downGap; /*Two Crows Bearish*/ twoCrows=Ref(whiteBody,-2) AND Ref(LargeBody,-2) //first day AND Ref(blackBody,-1) AND Ref(upGap,-1)//Second Day AND blackBody AND O<Ref(O,-1) AND O>Ref(C,-1)AND C<Ref(C,-2) AND C>Ref(O,-2) AND MHY;//Third day /*Upside Gap Two Crows*/ upsideGapTwoCrows= Ref(whiteBody,-2) AND Ref(LargeBody,-2)// first day AND Ref(upGap,-1) AND Ref(blackBody,-1) // 2nd day AND blackbody AND O>Ref(O,-1) AND C<Ref(C,-1) AND C>Ref(C,-2); /*Doji Star Bearish needs confirmation dojiStarBearish=Ref(LargeBody,-1) AND Ref(whiteBody,-1) // first day AND doji AND upGap AND MHT;*/ /* Downside Gap Three Methods*/ downsideGapThreeMethods= Ref(LargeBody,-2) AND Ref(blackBody,-2) AND Ref(downGap,-2) //first day AND Ref(LargeBody,-1) AND Ref(blackBody,-1)//2nd day AND whitebody AND O<Ref(O,-1) AND C>Ref(C,-2) AND LLV(L,8)==Ref(L,-1); /*Downside Tasuki Gap*/ downsideTasukiGap= Ref(blackBody,-2)//first day AND Ref(blackbody,-1) AND Ref(downgap,-1) //2nd day AND whiteBody AND O<Ref(O,-1) AND O>Ref(C,-1) AND C>Ref(O,-1) AND C<Ref(C,-2) AND Ref(identicalBodies,-1) AND LLV(L,15)==Ref(L,-1); /*Falling Three Meothods*/ fallingThreeMethods=Ref(LargeBody,-4) AND Ref(blackBody,-4) AND /*Ref(doji,-3) AND Ref(doji,-2) AND Ref(doji,-1) AND*/ Ref(C,-1)>Ref(C,-2) AND Ref(C,-2)>Ref(C,-3) AND LargeBody AND blackBody AND O>Ref(C,-4) AND O<Ref(O,-4) AND C<Ref(O,-4)AND C<Ref(C,-4); /*In Neck Bearish not good*/ inNeckBearish=Ref(LargeBody,-1) AND Ref(blackBody,-1) AND whiteBody AND O<Ref(L,-1) AND C<Ref(C,-1)*1.0005 AND C>=Ref(C,-1); /*On Neck Bearish not good*/ OnNeckBearish=Ref(LargeBody,-1) AND Ref(blackBody,-1) AND whiteBody AND O<Ref(L,-1) AND C<Ref(L,-1)*1.0025 AND C>=Ref(L,-1)*0.9975; /*separating Lines Bearish*/ separatingLinesBearish=Ref(LargeBody,-1) AND Ref(whiteBody,-1) AND blackBody AND O>Ref(O,-1)*0.9975 AND O<=Ref(O,-1)*1.0025; /*Side By Side White Lines Bearish*/ sideBySideWhiteLinesBearish=NOT Ref(smallBody,-2) AND Ref(blackBody,-2) AND Ref(whiteBody,-1) AND whiteBody AND Ref(downGap,-1) AND identicalBodies AND abs(C-Ref(C,-1)<C*0.0025); /*Three Black Crows*/ threeBlackCrows=Ref(blackBody,-2) AND Ref(blackBody,-1) AND blackBody AND Ref(C,-1)<Ref(C,-2) AND C<Ref(C,-1) AND HHV(H,8)==Ref(H,-2) AND NOT Ref(doji,-2) AND NOT Ref(doji,-1) AND NOT doji;; /*Three Line Strike no trades*/ threeLineStrike=threeBlackCrows AND whiteBody AND O<Ref(C,-1) AND C>Ref(O,-3); /*Thrusting Bearish*/ thrustingBearish=Ref(blackBody,-1) AND Ref(LargeBody,-1) AND LargeBody AND whitebody AND O<Ref(L,-1) AND C<(Ref(O,-1)+Ref(C,-1))/2 AND C>Ref(C,-1); /*Tweezer Top*/ TweezerTop=abs(H-Ref(H,-1))<=H*0.0025 AND O >C AND (Ref(C,-1) > Ref(O,-1)); /* *********************************************** Buy Rules **************************************************/ Buy= abandonedBabybullish OR beltHoldBullish OR breakAwayBullish OR ConcealingBabySwallow OR engulfingBullish OR hammerBullish OR dragonflyDoji OR dojiStarBullish OR haramiBullish OR HaramiCross OR homingPigeon OR invertedHammer OR meetingLinesbullish OR morningDojiStar OR morningStar OR piercingLine OR stickSandwich OR threeInsideUp OR threeOutsideUp OR threeStarsInTheSouth OR triStarBullish OR threeriverBottom OR MAtHoldBullish OR risingThreeMethods OR separatingLinesBullish OR sideBySideWhiteLines OR threeWhiteSoldiers OR upsideGapThreeMethods OR threeLineStrike OR tweezerBottom OR upsideTasukiGap; /************************************ Sell Rules *************************************/ Sell= AbandonedBabyBearish OR advanceBlockBearish OR beltHoldBearish OR breakAwayBearish OR darkCloudCover OR deliberationBearish OR CounterAttackBearish OR engulfingBearish OR eveningDojiStar OR eveningStar OR HangingMan OR dragonflyDojiBearish OR HammerBearish OR HaramiBearish OR HaramiCrossBearish OR idendicalThreeBlackCrows OR kickingBearish OR MeetingLinesBearish OR shootingStarGap OR gravestoneDoji OR threeInsideDownBearish OR threeoutsideDownBearish OR triStarBearish OR twoCrows OR upsideGapTwoCrows OR dojiStarBearish OR downsideGapThreeMethods OR downsideTasukiGap OR fallingThreeMethods OR inNeckBearish OR OnNeckBearish OR separatingLinesBearish OR sideBySideWhiteLinesBearish OR threeBlackCrows OR threeLineStrike OR thrustingBearish OR tweezerTop; /*************************************** Commentary *************************************** Bullish Candles ****************************************/ C_sta = WriteIf(abandonedBabybullish,"Abandoned Baby Bullish. A reversal pattern.\nLiWick reliability : High.", WriteIf(beltHoldBullish,"Belt Hold Bullish. A reversal pattern.\nNison:The larger the candlestick, the more significant it is.\nLitWick Reliability: Low.", WriteIf(breakAwayBullish,"Break Away Bullish. A reversal pattern.\nLitWick reliability: moderate.", WriteIf(ConcealingBabySwallow,"Concealing Baby Swallow. A reversal pattern.\n LitWick reliability: high.", WriteIf(dojiStarBullish,"Bullish doji Star. A reversal pattern.\nNison: Needs confirmation. Better at calling tops.\nLitWick reliability: moderate.", WriteIf(engulfingBullish,"Bullish Engulfing. a reversal pattern.\nNison: Factors increasing the pattern's effectiveness are\n1) The first day has a small real body and the second day has a large real body.\n2) Pattern appears after protracted or very fast move.\n3) Heavy volume on second real body.\n4) The second day engulfs more than one real body.\nLitWick reliability: moderate", WriteIf(hammerBullish,"Bullish Hammer. A reversal pattern.\nNison: The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern.White real body more bullish than black body.\nLitWick reliability: low.", WriteIf(dragonflyDoji,"Dragonfly Doji. LitWick reliability: moderate.", WriteIf(haramiBullish, "Harami Bullish. A reversal pattern.\nNison: Less significant. Pattern needs confirmation.\nLitWick reliability: low.", WriteIf(HaramiCross,"Harami Cross. A reversal pattern.\nNison: Better indicator than Harami. Better at calling tops than bottoms.\nLitWick reliability: low.", WriteIf(homingPigeon,"Homing Pigeon. A reversal pattern.\nLitWick reliability: moderate.", WriteIf(invertedHammer,"Inverted Hammer. A reversal pattern.\nNison:Needs bullish verification.\nLitWick reliability: low.", WriteIf(meetingLinesbullish,"Meeting Lines bullish. A reversal pattern.\nLitWick reliability: moderate.", WriteIf(morningDojiStar,"Morning Doji Star. A reversal pattern.\nImportant reversal signal.\nLitWick reliability: high.", WriteIf(morningStar,"Morning Star. A reversal pattern.\nNison: The stronger the white third body the better.\nLitWick reliability: high.", WriteIf(piercingLine,"Piercing Line. A reversal pattern.\nNison: A stron reversal pattern.\nLitWick reliability: moderate.", WriteIf(stickSandwich,"Stick Sandwich. A reversal pattern.\nLitWick reliability: moderate.", WriteIf(threeInsideUp,"3 Inside Up. A reversal pattern.\nLitWick reliability: high.", WriteIf(threeOutsideUp,"3 Outside Up. A reversal pattern.\nLitWick reliability: high.", WriteIf(threeStarsInTheSouth,"3 Stars in the South. A reversal pattern.\nLitWick reliability: moderate.", WriteIf(triStarBullish,"Tri-Star Bullish. A reversal pattern.\nNison: Significant reversal pattern.\nLitWick reliability: moderate.", WriteIf(threeriverBottom,"3 River Bottom. A reversal pattern.\nNison: Selling pressure drying up.\nLit Wick reliability: moderate.", WriteIf(MAtHoldBullish,"Mat Hold Bullish. A continuation pattern.\nNison: May have 2-4 black candles.\nLitWick reliability: high. ", WriteIf(risingThreeMethods,"Rising Three Methods. A continuation pattern>\nNison: Has more significance if volume of white candle sticks is greater than on black candlesticks.\nLitWick reliability: high.", WriteIf(separatingLinesBullish,"Separating Lines Bullish. A continuation pattern.\nNison: \nLitWick reliability: low.", WriteIf(sideBySideWhiteLines,"Side by Side White Lines. A continuation pattern.\nNison: If occurring during a downtrend may only be short covering.\nLitWick reliability: high.", WriteIf(threeWhiteSoldiers,"3 White Soldiers. A continuation pattern.\nNison: Positive, but be aware of negative similar stalled pattern and advance block pattern.\nLitWick reliability: high.", WriteIf(upsideGapThreeMethods,"Upside Gap 3 Methods. A continuation pattern.\nLitWick reliability: moderate.", WriteIf(threeLineStrike,"3 Line Strike. A continuation pattern.\nLitWick reliability: low.", WriteIf(tweezerBottom,"Tweezer Bottom.a reversal pattern. With other reversal candles it could indicate a support level.\nNison: Needs confirmation.", WriteIf(upsideTasukiGap,"Upside Tasuki Gap. A continuation pattern.\nNison: the real bodies of the two candlesticks in the gap should be about the same size.\nLitWick reliability: moderate.", "No Commentary..." ))))))))))))))))))))))))))))))); /*************************************** Bearish Candles ********************************************/ C_be = WriteIf(AbandonedBabyBearish,"Abandoned Baby Bearish. A reversal pattern.\nNison: Extremely rare.\nLitWick reliability: high.", WriteIf(advanceBlockBearish,"Advancing Block Bearish. A reversal pattern.\nNison: Rally is in trouble. Signs of weakening could be progressively smaller white read bodies or relatibvely long upper shadows on the last two white candlesticks.Not necessarily a reversal pattern.\nLitWick Reliability: moderate.", WriteIf(beltHoldBearish,"Belt Hold Bearish. A reversal pattern.\nNison: The longer the height of the belt-hold candle the more significant the pattern.\nLitWick reliability: low.", WriteIf(breakAwayBearish,"Break Away Bearish. A reversal pattern.\nLitWick reliability: moderate.", WriteIf(darkCloudCover,"Dark Cloud Cover. A reversal pattern.\nNison: Factors indicating the importance of this signal are/n1)The greater the penetration of the first candle by the second.\n2)Both candles are marabozus.\n3)The second body opens above a major resistance level.\n4)High volume on the second day.\nLitWick Reliability: high.", WriteIf(deliberationBearish,"Deliberation Bearish. A reversal pattern.\nNison: Not a reversal pattern, but a sign the rally is weakening.\nLitWick reliability: moderate.", WriteIf(CounterAttackBearish,"Counter Attack Bearish.\nNison: A potential stalling of the rally.", WriteIf(engulfingBearish,"Engulfing Bearish. A reversal pattern.\nNison: Major reversal signal. Factors increasing patterns importance are\n1) The first day has a very small real body and the second day a very large real body.\n2) The pattern apears after a protracted or very fast move.\n3) Heavy volume on the second day.\n4) The second day engulfs more than one real body.\nLitWick reliability: moderate.", WriteIf(eveningDojiStar,"Evening Doji Star A reversal pattern.\nNison: Must be confirmed by long black candle.\nLit Wick reliability: high", WriteIf(eveningStar,"Evening Star. a reversal pattern.\nNison: Gap between second and third bodies does not always occur.\nLitWick reliability: high.", WriteIf(HammerBearish,"Bearish Hammer. a reversal pattern.\nNison: More bearish if hammer is black. Needs bearish confirmation. A large gap down on the following day would be a good confirmation.", WriteIf(HangingMan,"Hanging Man. A reversal pattern.\nNison: Same as bearish hammer with a large gap down the following day.\nLitWick reliability: low.", WriteIf(dragonflyDojiBearish,"Dragonfly Bearish. A reversal pattern.\nNison: Same as Hanging Man.\nLitWick reliability: moderate.", WriteIf(HaramiBearish,"Harami Bearish. A reversal pattern.\nNison: Not as significant a reversal pattern as hanging man or engulfing.\nLitWick reliability: low.", WriteIf(HaramiCrossBearish,"Harami Cross Bearish. A reversal pattern.\nNison: More significant reversal pattern than Harami. Second day can be white or black.\nLitWick reliability: moderate.", WriteIf(idendicalThreeBlackCrows,"Identical 3 Black Crows. A reversal pattern in an uptrend.\nNison:Very bearish.\nLitWick reliability: high. ", WriteIf(kickingBearish,"Kicking Bearish. A reversal pattern.\nLitWick reliability: high.", WriteIf(MeetingLinesBearish,"Meeting Lines Bearish. A reversal pattern.\nNison: \nLitWick reliability: moderate, but not as strong as Dark cloud Cover.", WriteIf(shootingStarGap,"Shooting Star. a reversal pattern.\nNison:Not major reversal signal as evening star. Ideally real body would gap away from previous body. Needs to appear after an uptrend.\nLitWick reliability: low.", WriteIf(gravestoneDoji,"Gravestone Doji A reversal pattern.\nNison: more significant if it hits new high.\nLitWick reliability: moderate.", WriteIf(threeInsideDownBearish,"3 Inside Down. A reversal pattern.\nNison: \nLitWick reliability: high.", WriteIf(threeoutsideDownBearish,"3 Outside Down. A reversal pattern.\nLitWick reliability: high.", WriteIf(triStarBearish,"Tri-Star Bearish. A reversal pattern.\nNison: Very significant reversal pattern.\nLitWick reliability: moderate.", WriteIf(twoCrows,"2 Crows A reversal pattern.\nLitWick reliability: moderate.", WriteIf(upsideGapTwoCrows,"Upside Gap 2 Crows. A reversal pattern.\nNison:Needs confirmation of a continued reversal on third day.\nLitWick reliability: high.", WriteIf(dojiStarBearish,"Doji Star Bearish. A reversal pattern.\nNison: needs confirmation.\nLitWick reliability: moderate.", WriteIf(downsideGapThreeMethods,"Downside Gap 3 Methods. A continuation pattern.\nNison: \nLitWick reliability: moderate.", WriteIf(downsideTasukiGap,"Downside Tasuki Gap. A continuation method.\nNison: If last day closes window, continuation pattern is negated.\nLitWick reliability: moderate.", WriteIf(fallingThreeMethods,"Falling 3 Methods. A continuation pattern.\nNison: \nLitWick reliability: high.", WriteIf(inNeckBearish,"In Neck Bearish. A continuatin pattern.\nNison: Similar to piercing pattern but bearish because there is no penetration of second day.\nLitWick reliability: moderate.", WriteIf(OnNeckBearish,"On Neck Bearish. A continuation pattern. Similar to piercing pattern but bearish beccause there is no penetration of the second day.\nLitWick reliability: moderate.", WriteIf(separatingLinesBearish,"Separating Lines Bearish", WriteIf(sideBySideWhiteLinesBearish,"Side by Side White Lines Bearish. A continuation pattern.\nNison: very rare.\nLitWick reliability: moderate.", WriteIf(threeBlackCrows,"3 Black Crows. A reversal pattern.\nNison: Need to appear after a mature advance.\nLitWick reliability: high.", WriteIf(threeLineStrike,"3 Line Strike. A continuation pattern.\nLitWick reliability: low.", WriteIf(thrustingBearish,"Thrusting. A continuation pattern.\nNison: Not a reversal day because second day does not pierce midpoint of first day.\nLitWick reliability: low.", WriteIf(tweezerTop,"Tweezer Top. A reversal pattern.\nNison: Needs confirmation.", "No Commentary..." ))))))))))))))))))))))))))))))))))))); /*********************************************** End Commentary ************************************************/ Plot(C,"Price", IIf(C> Ref(C,-1),colorGreen,colorRed), styleCandle ); Title = EncodeColor(colorWhite)+ FullName()+"\n"+EncodeColor(colorGold)+ " Ngay:"+ Date() +StrFormat(" - Open %g, Hi %g, Lo %g, Close %g " , O,H,L,C )+"Volume : " + V +"\n"+ "_____ Candlestick Commentary _____" +"\n"+ "_ Bullish Candles:"+ EncodeColor(colorGreen)+ C_sta + "\n"+EncodeColor(colorGold)+"_ Bearish Candles :"+EncodeColor(colorRed)+ C_be +"\n"+EncodeColor(colorBrightGreen)+ "_____ praveen _____"; Plot(EMA(C,20)," ", colorGreen,1); Plot(EMA(C,50)," ", colorYellow,1); Plot(EMA(C,200)," ", colorRed,1); Plot(EMA(C,100)," ", colorWhite,1); //PlotVAPOverlay( Param("lines",300,10,1000,1), Param("width",10,1,99,1), ParamColor("color", colorDarkBlue), Param("style",0,0,7,1) ); //PlotVAPOverlayA( Param("Lines", 300, 100, 1000, 1 ), Param("Width", 80, 1, 200, 1 ), ParamColor("Color", colorGold ), ParamToggle("Side", "Left|Right" ) | 2 * ParamToggle("Style", "Fill|Lines", 0) | 4*ParamToggle("Z-order", "On top|Behind", 1 )) ; //Plot(segments, "", colorLightGrey, styleHistogram | styleOwnScale ); PlotVAPOverlay( Param("lines",300,10,1000,1), Param("width",10,1,99,1), ParamColor("color", colorDarkBlue), Param("style",0,0,7,1) |4*ParamToggle("Z-order", "On top|Behind", 1 )); _SECTION_BEGIN("Background text"); GfxSelectFont("Time news roman", Status("pxheight")/6 ); GfxSetTextAlign(6 );// center alignment GfxSetOverlayMode(1 ) ; //GfxSetTextColor( ColorRGB( 200, 200, 200 ) ); GfxSetTextColor( ColorHSB( 42, 42, 42 ) ); GfxSetBkMode(0); // transparent GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/19 ); GfxSelectFont("Time news roman", Status("pxheight")/30 ); GfxTextOut(FullName(), Status("pxwidth")/2, Status("pxheight")/3.8 ); GfxSelectFont("Time news roman", Status("pxheight")/25 ); GfxTextOut("Market: " + MarketID(1), Status("pxwidth")/2, Status("pxheight")/3 ); _SECTION_BEGIN("Volume"); Plot( Volume, _DEFAULT_NAME(), ParamColor("Color", colorLavender ), styleNoTitle | ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick | styleNoLabel, maskHistogram ), 2 ); _SECTION_END();
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This is a nice piece of code. Could you possibly give a little instruction on how to best use it? Does is look for patterns in the last 3 bars.
Thanks,
Larry
gives syntax error
gives syntax error
Thnx a lot.
Nice Afl
I like this afl very useful.
This is a wonderful piece of code, I have made money using it. If you don’t understand Japanese Candles get a book and use this code as a study tool with the book. I added a filter for exploration and pick off only stocks that have a candlesticks with a high reliability.
The syntax error is simply changing a \N to \n.
Japanese candlesticks are not 100% correct, nothing is, but they are the best I have found for making profitable moves. Study them and try them, they work!
Thanks for the AFL. I just started on Candle stick and this AFL give me a excellent base to start.
Hi
Very good work. Thanks.
But many patterns are either missed out or showing wrong results or the definition is plain wrong. I find hundreds of such errors, this make this good work is of absolutely no useful.
Can we discuss?
saeeavinash at gmail
Very good work
Very good work. Thanks.
But it shows an error :
Variable doji has an invalid type
Thank you for the very useful formula.
What is the meaning of the word “Zilch”
Thanks,
warning 505 : division by zero and division array at( 101 )is equal to zero
DarkCloudCover = (C1>O1 AND ((C1+O1)/2)>C AND O>C AND O>C1 AND C>O1 AND (O-C)/(0.001+(H-L)>0.6));
can you pl help to correct the syntax error
Variable doji has an invalid type, how to fix it????
The structure of this partial of the equation is incorrect
Is it possible to correct the error?
Hi All,
Could you please help me, I got 25 Syntex errors.. like following
change it like this
change it like this
Things will be fine