PROTECTED SOURCE SCRIPT
PAC by PRAGMA v1.86
Price Action Candles by PRAGMA is a comprehensive candlestick pattern analysis indicator designed specifically for traders working with price action strategies.
Main Features
The indicator automatically recognizes and marks 14 classical candlestick patterns on the chart, including:
Doji — indecision candles with small bodies and long shadows
Engulfing — bullish and bearish engulfing patterns
Pin Bar — pin bars with long wicks for reversal signals
Inside/Outside Bar — inside and outside bars for consolidation analysis
Hammer/Shooting Star — hammer and shooting star as reversal patterns
Morning/Evening Star — morning and evening star (three-candle formations)
PPR Pattern — push-pull-reverse pattern
Fakey — false breakouts of inside bars
Three White Soldiers/Three Black Crows — three soldiers formations
Shaved Bar, Oversize Bar — shaved and oversized bars
Key Features
Flexible Parameter Settings: each pattern has individual sensitivity settings, including minimum candle body sizes, shadow ratios, and threshold values
Visualization:
Color highlighting of candles based on detected patterns
Automatic labels with abbreviated pattern names
Customizable label sizes and display styles
ATR Normalization: all calculations are based on Average True Range to adapt to current market volatility
Alert System: built-in alerts when any of the tracked patterns are detected
Trading Applications
The indicator is designed for traders using price action strategies and helps to:
Quickly identify potential trend reversal points
Find consolidation zones and market indecision areas
Get entry signals based on proven candlestick formations
Automate the analysis of multiple patterns simultaneously
The indicator works on all timeframes and is suitable for both intraday trading and medium-term strategies.
Main Features
The indicator automatically recognizes and marks 14 classical candlestick patterns on the chart, including:
Doji — indecision candles with small bodies and long shadows
Engulfing — bullish and bearish engulfing patterns
Pin Bar — pin bars with long wicks for reversal signals
Inside/Outside Bar — inside and outside bars for consolidation analysis
Hammer/Shooting Star — hammer and shooting star as reversal patterns
Morning/Evening Star — morning and evening star (three-candle formations)
PPR Pattern — push-pull-reverse pattern
Fakey — false breakouts of inside bars
Three White Soldiers/Three Black Crows — three soldiers formations
Shaved Bar, Oversize Bar — shaved and oversized bars
Key Features
Flexible Parameter Settings: each pattern has individual sensitivity settings, including minimum candle body sizes, shadow ratios, and threshold values
Visualization:
Color highlighting of candles based on detected patterns
Automatic labels with abbreviated pattern names
Customizable label sizes and display styles
ATR Normalization: all calculations are based on Average True Range to adapt to current market volatility
Alert System: built-in alerts when any of the tracked patterns are detected
Trading Applications
The indicator is designed for traders using price action strategies and helps to:
Quickly identify potential trend reversal points
Find consolidation zones and market indecision areas
Get entry signals based on proven candlestick formations
Automate the analysis of multiple patterns simultaneously
The indicator works on all timeframes and is suitable for both intraday trading and medium-term strategies.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.