I was using another script that colored the bars to show the different candle patterns. Thanks to HPotter (www.tradingview.com/u/HPotter/). Unfortunately, I can't think that fast when looking across a screen of charts with different color bars. Fortunately, Tradingview came up with symbols and names on 2/26/15. I decided to take my favorite symbols and attach them to a name. This makes it easier to see what is going on and where your entry would be if it confirms. Works beautifully for me. Decided to share. I also added the ability to alter what shows up based upon a look back. A bullish engulfing at the top of a trend, or a bearish harami at the bottom of the trend, is nearly useless and clutters the chart. I have the default set for the open of the current bar to be higher or lower than the open from 5 bars back. You can adjust in the settings to what you like. This trend setting is on all the patterns except doji. If you want to see all the candle patterns, set it to "1".
The doji can be adjusted as well. I left some other patterns at the bottom of the script, but they are turned off. They became too much of a clutter for me. I prefer DovCaspi's pattern finder for hammers and stars:
I use his due to the clean appearance.
The default script has: Doji, Bearish Harami, Bullish Harami, Bearish Engulfing, Bullish Engulfing, Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. 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.
If you would like the updated version, see the Related Ideas below:
The doji can be adjusted as well. I left some other patterns at the bottom of the script, but they are turned off. They became too much of a clutter for me. I prefer DovCaspi's pattern finder for hammers and stars:
The default script has: Doji, Bearish Harami, Bullish Harami, Bearish Engulfing, Bullish Engulfing, Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. 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.
If you would like the updated version, see the Related Ideas below:
// Created by Robert N. 030715 // Candle labels study(title = "Candles", overlay = true) trend= input(5, minval=1, title="Trend in Bars") 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) data6=(close[1] > open[1] and open > close and open <= close[1] and open[1] <= close and open - close < close[1] - open[1] and open[trend] < open) 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] and open[trend] > open) 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] and open[trend] < open) 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] and open[trend] > open) 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] and open[trend] > open) 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] and open[trend] > open) 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 and open[trend] > 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 and open[trend] < 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 open[trend] < open and high[1] < open and high[2] < open) //plotshape(data14, title= "Hanging Man", color=red, style=shape.arrowdown, text="Hanging\nMan") //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 Star") //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.top, color=white, style=shape.diamond, text="Hammer") //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.top, color=white, style=shape.diamond, text="Inverted\nHammer")
