Pattern recognition grows: 85 candlesticks, 26 chart patterns, 16 harmonics — and patterns still forming
The pattern engine now recognises 85 candlestick patterns, 26 chart patterns — including diamonds, rounding tops and bottoms, the high and tight flag and Wolfe waves — and 16 harmonics. Chart patterns can be shown while still forming, with a projected breakout, target and how complete they are, and each comes with a quality score and historical reliability.
A bigger library
- Candlesticks: 85. The standard catalogue is now complete, with patterns such as Upside and Downside Tasuki Gap, Upside Gap Two Crows, the gap three methods and side-by-side white lines.
- Chart patterns: 26. New: diamond tops and bottoms, rounding tops and bottoms, the high and tight flag and Wolfe waves.
- Harmonics: 16. New: Deep Gartley, two alternative AB=CD variants (1.27 and 1.618), Nen Star, Anti Nen Star and Three Drives. Harmonic shapes also stop jittering when you zoom.
See patterns before they finish
Turn on Show forming and the chart also draws patterns that haven't broken out yet: dashed up to the window where a breakout would be expected, with the projected breakout level, the target and how complete the pattern is. Hover one and it reads, for example, '70% complete · breakout → target'.
How good is this one?
- Each chart pattern gets a quality score out of 10, built from the prior trend, the pattern's uniformity and clarity, the breakout and volume.
- Historical reliability shows how often the pattern has worked and its overall rank, and the list can be sorted by it.
- Trend and volume filters hide patterns that go against the context, and chart patterns that failed are marked broken rather than silently removed.
In the scanner, alerts and Expert Pro too
The new candlesticks and chart patterns aren't only drawn on the chart. The signal scanner now runs 166 rules, and the new patterns reach scanner alerts and Expert Pro as well. Open Patterns in the terminal, or read more on the patterns page.
