Advanced Candle Patterns detector-GSK-VIZAG-AP-INDIA

📌 Description

This indicator automatically detects and highlights common candlestick patterns on the chart and provides a reference table with explanations. It is designed as a visual and educational tool for learning candlestick psychology and price action.

🔍 Features

Pattern Detection (on-chart):

Detects well-known bullish, bearish, and neutral patterns:

Bullish Engulfing, Bearish Engulfing

Hammer, Inverted Hammer

Morning Star, Evening Star

Three White Soldiers, Three Black Crows

Bullish Harami, Bearish Harami

Piercing Line, Dark Cloud Cover

Tweezer Bottom, Tweezer Top

Doji

Patterns are marked directly on the chart using labels.

Labels can show pattern names or serial numbers (user choice).

Bullish = Green, Bearish = Red, Neutral = Yellow.

Reference Table (on-chart panel):

Lists all detected patterns with color-coded text.

Option to show short explanations for each pattern, or just identifiers.

Table includes a “Serial” column so users can match with chart labels.

Chart & Table Settings (customizable):

Table Position: choose Top Left, Top Right, Bottom Left, Bottom Right.

Text Size: choose Tiny, Small, Normal, Large, or Huge.

Toggle Options:

Show/Hide explanation table.

Show/Hide descriptions in table.

Show serial numbers instead of pattern labels on chart.

🎓 Educational Purpose

This tool is meant for study and research. Candlestick patterns alone are not reliable signals; their strength depends on trend, volume, and market context. Use this script to visually learn patterns and combine with other analysis methods.

⚠️ Disclaimer:
This indicator is for educational purposes only. It does not provide trading or investment advice. No candlestick pattern guarantees future price movement. Always confirm with other tools and do your own research before making trading decisions.