Bearish Candles

Plots 6 different kinds of bearish candlesticks. I started with HPotter's previous work, added 4 other types of bearish Candlesticks and bunched them in one indicator.

Release Notes

I made the definitions more robust.

Release Notes

Improved identification patterns.
Markers can be used to identify patterns instead of bar coloring.
Descriptive text can be added to the markers.
Doji and Hammers can also be identified.

Keep in mind that Dark Cloud Cover, Evening Star and Hanging Man are only identified on the second bar following them and printed with an offset of -1 (which means back in time 1 bar), so you only know one has been identified after the fact.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

LucF

"The stock market is a device for transferring money from the impatient to the patient."
— Buffet

tradingview.com/u/PineCoders/
tradingview.com/u/TradingView/

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

LucF

"The stock market is a device for transferring money from the impatient to the patient."
— Buffet

tradingview.com/u/PineCoders/
tradingview.com/u/TradingView/

Also on: