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Candle Pattern Scanner

Context-aware candlestick pattern detection. Only flags patterns at confirmed swing points — where they actually matter.

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Overview

What It Does

Here's the dirty secret about most candlestick pattern indicators: they flag every single pattern on the chart regardless of where it forms. A hammer in the middle of a consolidation range? Labeled. An engulfing candle with zero structural context? Labeled. You end up with dozens of signals per session, most of them worthless.

The Candle Pattern Scanner takes a fundamentally different approach. It detects 12 candlestick reversal patterns — engulfing, hammer, inverted hammer, doji, morning star, evening star, harami, piercing line, dark cloud cover, three white soldiers, three black crows, and tweezer tops/bottoms — but it only flags them at confirmed swing points. That means every pattern you see has structural context backing it up.

Each pattern is scored on a 1-3 star confidence system based on the quality of the setup, the strength of the swing point, and the surrounding price action. Three stars at a confirmed swing high? That's the kind of signal that actually moves the needle. One star in a choppy zone? Still useful context, but you know to size down. This isn't another pattern spammer — it's a precision tool.

Features

Key Features

12 Reversal Pattern Types

Detects all the patterns that matter: engulfing, hammer, inverted hammer, doji, morning star, evening star, harami, piercing line, dark cloud cover, three white soldiers, three black crows, and tweezer tops/bottoms. Each one coded to textbook specifications.

Swing-Context Filtering

The key differentiator. Patterns are only flagged when they form at confirmed swing highs or lows. This eliminates the noise that plagues every other candlestick indicator and gives you patterns with real structural meaning.

1-3 Star Confidence Scoring

Every detected pattern receives a confidence score. Three stars means the pattern is textbook quality at a significant swing point. One star means the pattern is valid but the context is weaker. Filter by minimum star count to see only your highest conviction setups.

Non-Repainting Signals

Patterns are confirmed on bar close. Once a label appears, it never moves, changes, or disappears. Your backtesting matches your live trading — no hindsight bias, no phantom signals.

Customizable Sensitivity

Adjust pattern sensitivity from Low to High. Low mode shows only the cleanest, most textbook patterns. High mode casts a wider net for traders who want more signals to evaluate. Medium is the sweet spot for most traders.

How to Use

Get Started in 4 Steps

01

Add to Your Chart

Search for 'Candle Pattern Scanner TheTraderShark' on TradingView and add it to your chart. Default settings are tuned for balanced detection — start there.

02

Watch for Star Ratings

Focus on 2-3 star patterns at swing points. These are your highest probability setups. Set your Minimum Stars filter to 2 if you only want the best signals.

03

Combine with Structure

Pair this scanner with the Swing Detection Engine or Structure Zig-Zag for maximum context. A 3-star pattern at a swing low that aligns with a higher-low in the structure? That's a trade.

04

Set Alerts for Your Favorite Patterns

Set TradingView alerts for specific pattern types or star ratings. Get notified when a high-confidence reversal pattern forms — no need to stare at the screen all day.

Customization

Settings & Configuration

Pattern SensitivityMedium

Controls how strictly patterns are filtered. Low = fewer but higher quality, Medium = balanced, High = more signals with wider criteria.

Show Labelstrue

Display pattern name labels above or below the candles where patterns are detected.

Show Starstrue

Display the 1-3 star confidence rating alongside each pattern label for quick quality assessment.

Minimum Stars1

Only display patterns that meet this minimum star rating. Set to 2 or 3 to see only the highest confidence setups.

Bullish Color#00C853

Color for bullish reversal pattern labels and markers.

Bearish Color#CC2936

Color for bearish reversal pattern labels and markers.

Non-Repainting Verified

Once a signal prints on the chart, it stays. No redrawing, no lookback bias, no false history. Every signal you see is exactly what you would have seen in real-time.

FAQ

Frequently Asked Questions

No. All patterns are confirmed on bar close. Once a pattern label appears on your chart, it stays exactly where it is. What you see in backtesting is what you get in live trading.

Ready to Try Candle Pattern Scanner?

Add it to your TradingView charts and see the difference instantly.