Candle Patterns logic

[Nehemiah7]

Hi everyone! Need your help on these candle patterns:

Pattern 1: Piercing Line Pattern
Logic: candle close(1) > candle open(1) && candle open(2) > candle close(2) && candle close(1) > ((candle open(2) + candle close(2)) / 2) && candle close(1) < candle open(2)

Pattern 2: Dark Cloud Cover Pattern
Logic: candle close(1) < candle open(1) && candle open(2) < candle close(2) && candle close(1) < ((candle open(2) + candle close(2)) / 2) && candle close(1) > candle open(2)

It looks like we're going to need a condition block with 3 operands; anyway, thanks in advance

[l'andorrà]

You can use condition blocks normally but storing some info into variables beforehand and then combine more than one condition block. For example:

Variable with this calculation: candle open(1) && candle open(2)
Condition block 1. candle close(1) > variable result from previous calculation.
And so on.

[Nathan2018]

@l-andorrà can you make an example please

[Nehemiah7]

@l-andorrà how can I do that?

[PhiLykia]

https://fxdreema.com/shared/8aNciTpye

[PhiLykia]

@Nehemiah7 @Nathan2018
https://fxdreema.com/shared/lcxWYJ3Vd

[Nehemiah7]

@PhiLykia Wow thanks
I check this out

[l'andorrà]

@PhiLykia Interesting results. Did you try then on real?

[PhiLykia]

@l-andorrà Hello, I haven't had time to delve deeper into the strategy yet. I built it quickly and it's the only test I've tried with just TP 50 pips. first of all the candle pattern is interesting.

look this: https://fxdreema.com/shared/nmMDeYbBb

[l'andorrà]

Very interesting, thank you.

[Nathan2018]

@PhiLykia this is the full list of the patterns

Pattern 1: Bullish Engulfing Pattern
Logic: candle close(1) > candle open(1) && candle open(2) > candle close(2) && candle low(1) < candle low(2) && candle high(1) > candle high(2)

Pattern 2: Bearish Engulfing Pattern
Logic: candle close(1) < candle open(1) && candle open(2) < candle close(2) && candle low(1) > candle low(2) && candle high(1) < candle high(2)

Pattern 3: Bullish Harami Pattern
Logic: candle close(1) > candle open(1) && candle open(2) > candle close(2) && candle low(1) > candle low(2) && candle high(1) < candle high(2)

Pattern 4: Bearish Harami Pattern
Logic: candle close(1) < candle open(1) && candle open(2) < candle close(2) && candle low(1) < candle low(2) && candle high(1) > candle high(2)

Pattern 5: Piercing Line Pattern
Logic: candle close(1) > candle open(1) && candle open(2) > candle close(2) && candle close(1) > ((candle open(2) + candle close(2)) / 2) && candle close(1) < candle open(2)

Pattern 6: Dark Cloud Cover Pattern
Logic: candle close(1) < candle open(1) && candle open(2) < candle close(2) && candle close(1) < ((candle open(2) + candle close(2)) / 2) && candle close(1) > candle open(2)

Pattern 7: Morning Star Pattern (Bullish reversal pattern)
Logic: candle open(3) > candle close(3) && candle close(2) < candle low(3) && candle open(2) < candle close(2) && candle close(1) > candle open(1) && candle close(1) > ((candle open(3) + candle close(3)) / 2)

Pattern 8: Evening Star Pattern (Bearish reversal pattern)
Logic: candle open(3) < candle close(3) && candle close(2) > candle high(3) && candle open(2) > candle close(2) && candle close(1) < candle open(1) && candle close(1) < ((candle open(3) + candle close(3)) / 2)

Pattern 9: Hammer Pattern (Bullish reversal pattern)
Logic: candle close(1) < candle open(1) && (candle high(1) - candle low(1)) > 2 * (candle open(1) - candle close(1)) && (candle open(1) - candle low(1)) < 0.25 * (candle high(1) - candle low(1))

Pattern 10: Hanging Man Pattern (Bearish reversal pattern)
Logic: candle close(1) > candle open(1) && (candle high(1) - candle low(1)) > 2 * (candle close(1) - candle open(1)) && (candle close(1) - candle low(1)) < 0.25 * (candle high(1) - candle low(1))

Pattern 11: Shooting Star Pattern (Bearish reversal pattern)
Logic: candle close(1) > candle open(1) && (candle high(1) - candle low(1)) > 2 * (candle close(1) - candle open(1)) && (candle high(1) - candle close(1)) > 0.66 * (candle high(1) - candle low(1))

Pattern 12: Inverted Hammer Pattern (Bullish reversal pattern)
Logic: candle close(1) < candle open(1) && (candle high(1) - candle low(1)) > 2 * (candle open(1) - candle close(1)) && (candle high(1) - candle close(1)) > 0.66 * (candle high(1) - candle low(1))

Pattern 13: Bullish Marubozu (Strong bullish signal)
Logic: candle close(1) > candle open(1) && candle open(1) == candle low(1) && candle close(1) == candle high(1)

Pattern 14: Bearish Marubozu (Strong bearish signal)
Logic: candle open(1) > candle close(1) && candle open(1) == candle high(1) && candle close(1) == candle low(1)

Pattern 15: Doji (Indecision, potential reversal)
Logic: abs(candle open(1) - candle close(1)) < ((candle high(1) - candle low(1)) * 0.1)

Pattern 16: Bullish Spinning Top (Indecision, potential bullish reversal)
Logic: candle close(1) > candle open(1) && (candle close(1) - candle open(1)) < ((candle high(1) - candle low(1)) * 0.3)

Pattern 17: Bearish Spinning Top (Indecision, potential bearish reversal)
Logic: candle open(1) > candle close(1) && (candle open(1) - candle close(1)) < ((candle high(1) - candle low(1)) * 0.3)

Pattern 18: Bullish Three White Soldiers (Strong bullish signal)
Logic: candle close(1) > candle open(1) && candle close(2) > candle open(2) && candle close(3) > candle open(3) && candle close(1) > candle close(2) && candle close(2) > candle close(3) && candle open(1) > candle open(2) && candle open(2) > candle open(3)

Pattern 19: Bearish Three Black Crows (Strong bearish signal)
Logic: candle open(1) > candle close(1) && candle open(2) > candle close(2) && candle open(3) > candle close(3) && candle close(1) < candle close(2) && candle close(2) < candle close(3) && candle open(1) < candle open(2) && candle open(2) < candle open(3)

[tec.nacks]

@Nathan2018 it will make a lot of sense to build this for anyone to pick from whenever needed.

Can you do it?

[Nathan2018]

@tec-nacks you're right! I'm trying

[tec.nacks]

@Nathan2018 yeah...give it a shot since you've cleared out the logic on paper would be easy to dev

[PhiLykia]

@Nathan2018 @tec-nacks https://fxdreema.com/shared/yMrG9iJMd

[tec.nacks]

OH MY GOD!!!!!!!!

You killed it Man

[tec.nacks]

@PhiLykia This is amazing man...will check em out

[Nathan2018]

@tec-nacks Wooooooowwwww!!!!!!!!!!!!!!!!!!!!! Oh my goooshhh!!!!!!!

[Nathan2018]

@PhiLykia This is mind-blowing!!!!!!!!! Woooooow!!!!

[tec.nacks]

@PhiLykia You can pin them to the tutorial section of the forum...besides we can always connect on and for complex projects...I always love complex concepts and logics.

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