OPEN-SOURCE SCRIPT
DAMMU CANDEL TYPE
🧩 Overview
Detects multiple bullish and bearish candlestick patterns.
Plots visual buy/sell signals and labels on chart.
Sends alerts when patterns appear.
Shows table of enabled/disabled patterns.
✅ Main Features
Bullish patterns: Hammer, Inverted Hammer, Bullish Engulfing, Morning Star, Piercing, Dragonfly Doji.
Bearish patterns: Hanging Man, Shooting Star, Bearish Engulfing, Evening Star, Dark Cloud, Gravestone Doji.
Visuals: Green/red arrows and labels.
Alerts: Optional alerts for bullish/bearish signals.
Table: Shows active pattern status.
⚙️ Improvements Suggested
Move table.new outside if block to prevent recreation every bar.
Adjust label position to avoid overlap.
Add “signal strength” (count multiple patterns same bar).
Add MA confirmation for better accuracy.
Upgrade to Pine Script v6 for better performance.
Detects multiple bullish and bearish candlestick patterns.
Plots visual buy/sell signals and labels on chart.
Sends alerts when patterns appear.
Shows table of enabled/disabled patterns.
✅ Main Features
Bullish patterns: Hammer, Inverted Hammer, Bullish Engulfing, Morning Star, Piercing, Dragonfly Doji.
Bearish patterns: Hanging Man, Shooting Star, Bearish Engulfing, Evening Star, Dark Cloud, Gravestone Doji.
Visuals: Green/red arrows and labels.
Alerts: Optional alerts for bullish/bearish signals.
Table: Shows active pattern status.
⚙️ Improvements Suggested
Move table.new outside if block to prevent recreation every bar.
Adjust label position to avoid overlap.
Add “signal strength” (count multiple patterns same bar).
Add MA confirmation for better accuracy.
Upgrade to Pine Script v6 for better performance.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.