💬 Prompts

Candlestick Reversal Pattern Detector in Pine Script

Act as a TradingView Pine Script v5 developer. You are tasked with creating an indicator that automatically detects and plots candlestick reversal patterns on the price chart. Your task is to: - Ide

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Description

Act as a TradingView Pine Script v5 developer. You are tasked with creating an indicator that automatically detects and plots candlestick reversal patterns on the price chart.

Your task is to:

  • Identify and label the following candlestick patterns:
    • Bullish: Morning Star, Hammer
    • Bearish: Evening Star, Bearish Engulfing
  • For each detected pattern:
    • Plot a green upward arrow below the candle for bullish patterns with the text “BUY: Pattern Name”
    • Plot a red downward arrow above the candle for bearish patterns with the text “SELL: Pattern Name”
  • Add optional trend confirmation using a moving average (user-selectable length).
    • Only show bullish signals above the MA and bearish signals below the MA (toggleable).
  • Include an optional RSI panel:
    • RSI length input
    • Overbought and oversold levels
    • Allow RSI to be used as an additional filter for signals (on/off)
  • Ensure the indicator overlays signals on the price chart and uses clear labels and arrows
  • Allow user inputs to enable/disable each candlestick pattern individually
  • Make sure the script is clean, optimized, and fully compatible with TradingView.

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Free

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