Candlestick Patterns Identified (updated 3/11/15)

I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up.
Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen.
I have everything spelled out except the hammer and inverted hammer . They are "H" and "IH" respectively on the charts. They show up so often that they cluttered the charts.

The default script has: Doji , Evening Star , Morning Star , Shooting Star , Hammer , Inverted Hammer , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, Bearish Kicker, Hanging man , and Dark Cloud Cover. You can turn off what you don't like. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts .

I recommend watching videos with Stephen Bigalow to get a feel for how to trade these. You will want to add an 8 EMA to your chart with his setups. Enjoy.

If you want the old version: Take a look at the related ideas below.
Remove from Favorite Scripts Add to Favorite Scripts
// Created by Robert N. 030715
// Updated 031115
// Candle labels
study(title = "Candles", overlay = true)

DojiSize = input(0.05, minval=0.01, title="Doji size")
data=(abs(open - close) <= (high - low) * DojiSize)
plotchar(data, title="Doji", text='Doji', color=white)

data2=(close[2] > open[2] and min(open[1], close[1]) > close[2] and open < min(open[1], close[1]) and close < open )
plotshape(data2, title= "Evening Star", color=red, style=shape.arrowdown, text="Evening\nStar")

data3=(close[2] < open[2] and max(open[1], close[1]) < close[2] and open > max(open[1], close[1]) and close > open )
plotshape(data3,  title= "Morning Star", location=location.belowbar, color=lime, style=shape.arrowup, text="Morning\nStar")

data4=(open[1] < close[1] and open > close[1] and high - max(open, close) >= abs(open - close) * 3 and min(close, open) - low <= abs(open - close))
plotshape(data4, title= "Shooting Star", color=red, style=shape.arrowdown, text="Shooting\nStar")

data5=(((high - low)>3*(open -close)) and  ((close - low)/(.001 + high - low) > 0.6) and ((open - low)/(.001 + high - low) > 0.6))
plotshape(data5, title= "Hammer", location=location.belowbar, color=white, style=shape.diamond, text="H")

data5b=(((high - low)>3*(open -close)) and  ((high - close)/(.001 + high - low) > 0.6) and ((high - open)/(.001 + high - low) > 0.6))
plotshape(data5b, title= "Inverted Hammer", location=location.belowbar, color=white, style=shape.diamond, text="IH")

data6=(close[1] > open[1] and open > close and open <= close[1] and open[1] <= close and open - close < close[1] - open[1] )
plotshape(data6, title= "Bearish Harami",  color=red, style=shape.arrowdown, text="Bearish\nHarami")

data7=(open[1] > close[1] and close > open and close <= open[1] and close[1] <= open and close - open < open[1] - close[1] )
plotshape(data7,  title= "Bullish Harami", location=location.belowbar, color=lime, style=shape.arrowup, text="Bullish\nHarami")

data8=(close[1] > open[1] and open > close and open >= close[1] and open[1] >= close and open - close > close[1] - open[1] )
plotshape(data8,  title= "Bearish Engulfing", color=red, style=shape.arrowdown, text="Bearish\nEngulfing")

data9=(open[1] > close[1] and close > open and close >= open[1] and close[1] >= open and close - open > open[1] - close[1] )
plotshape(data9, title= "Bullish Engulfing", location=location.belowbar, color=lime, style=shape.arrowup, text="Bullish\nEngulfling")

upper = highest(10)[1]
data10=(close[1] < open[1] and  open < low[1] and close > close[1] + ((open[1] - close[1])/2) and close < open[1])
plotshape(data10, title= "Piercing Line", location=location.belowbar, color=lime, style=shape.arrowup, text="Piercing\nLine")

lower = lowest(10)[1]
data11=(low == open and  open < lower and open < close and close > ((high[1] - low[1]) / 2) + low[1])
plotshape(data11, title= "Bullish Belt", location=location.belowbar, color=lime, style=shape.arrowup, text="Bullish\nBelt")

data12=(open[1]>close[1] and open>=open[1] and close>open)
plotshape(data12, title= "Bullish Kicker", location=location.belowbar, color=lime, style=shape.arrowup, text="Bullish\nKicker")

data13=(open[1]<close[1] and open<=open[1] and close<=open)
plotshape(data13, title= "Bearish Kicker", color=red, style=shape.arrowdown, text="Bearish\nKicker")

data14=(((high-low>4*(open-close))and((close-low)/(.001+high-low)>=0.75)and((open-low)/(.001+high-low)>=0.75)) and high[1] < open and high[2] < open)
plotshape(data14,  title= "Hanging Man", color=red, style=shape.arrowdown, text="Hanging\nMan")

plotshape(data15, title= "Dark Cloud Cover", color=red, style=shape.arrowdown, text="Dark\nCloudCover")

Thanks for the code Very helpful. Regards!!
repo32 PRO chidust
@chidust, Appreciate it. Hope it helps everyone.
nice work ... helpful indicator..thanks
repo32 PRO DRAGON95
@DRAGON95, Thank you.
Absolutely using the CPI always ! Clearly helps !
@View4U, Thank you.
why have u added this line in piercing line == upper = highest(10) in the beginning, though u are not using this in the code.
repo32 PRO RajniKant
@RajniKant, Haha. I added it for some reason. I just don't remember why, after 2 1/2 years. Nice catch.
@repo32, Thanks for acknowledging...
Hi, would it be possible to add the following patterns to this script?

- Bullish Abandoned Baby
-Bullish Tweezers
-Ladder Bottom
-Bullish Belthold
-Three Starts in the South
-Three Inside Up
-Three Outside Up
+1 Reply
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