CandleSticks Indicator for Prorealtime
Trade 30 CandleSticks with a Single Indicator!
CandleSticks Indicator for Prorealtime
Trade 30 CandleSticks with a Single Indicator!
How will the CandleSticks indicator help you?
How will the CandleSticks indicator help you?
This indicator recognizes the 30 main CandleSticks in all timeframes. It displays buy and sell signals with price targets and safety stops. You will easily spot long and short entry points in the market.
✅ The screener included with the indicator will help you detect candlestick patterns in real-time.
Key Features
Buy and Sell Signals
The indicator displays buy and sell signals on your charts. You’ll know when to buy and sell the market.
Target & Stop-loss
The indicator displays targets and stop-losses. You will optimize your profits and manage your risk.
Master the Trend
The indicator contains trend filters. You will follow the trend and take reversal entries.
Signal Confirmation
The indicator contains volume and strength filters. You will focus on the most promising signals.
Alert & Backtesting
The indicator returns signals with targets and stop-losses. You will create alerts and backtest your strategies.
Market Screener
A CandleSticks screener is included with the indicator. You will seize opportunities in real-time.
Try the indicator for Free
Start a FREE TRIAL with the Golden Cross indicator today. You will access the indicator’s complete functionalities for two weeks.
Install the indicator on Prorealtime
The Golden Cross indicator is available on the Prorealcode marketplace. After you get a license, you will access the indicator and scanner on your Prorealtime platform.
Why use the CandleSticks indicator?
A candlestick is a graphical representation of an asset’s price movement. A candlestick pattern is composed of one or more candles. It allows for the price movement anticipations. The CandleSticks indicator recognizes thirty CandleStick patterns. It displays the signals on your charts with their price target and safety stop loss:
You will easily trade the candlesticks on Prorealtime
Candlesticks Recognized by the Indicator and Screener
The CandleSticks indicator identifies the thirty most essential Candlesticks. Some provide buy signals, and others offer short-sell signals. These patterns will allow you to buy and sell the market. Select the pattern(s) you want for the indicator to display their occurrences.
Here are the 30 CandleStick patterns recognized by the indicator and screener:
Bullish Candlesticks
- Green Hammer
- Inverted Hammer
- Bullish Spinning Top
- Bullish Marubozu
- Bullish Engulfing
- Bullish Harami
- Bullish Harami Cross
- Piercing Line
- Tweezer Bottom
- Morning Star
- Bullish Abandoned Baby
- Three White Soldiers
- Three Inside Up
- Three Outside Up
- Rising Three Methods
Bearish Candlesticks
- Hanging Man
- Shooting Star
- Bearish Spinning Top
- Bearish Marubozu
- Bearish Engulfing
- Bearish Harami
- Bearish Harami Cross
- Dark Cloud Cover
- Tweezer Top
- Evening Star
- Bearish Abandoned Baby
- Three Black Crows
- Three Inside Down
- Three Outside Down
- Falling Three Methods
A candlestick can be composed of one, two, three, or five candles. The following images show you all the types of candlesticks you will operate from the indicator:
You will seize numerous opportunities in the market
Get Reliable Buy and Short-Sell Signals
The Candlesticks indicator identifies the buy and sell signals based on the candlestick patterns. It displays the signals on the price chart:
You will know when to buy and sell the market
Manage Risk with Price Targets and Safety Stops
Risk management is essential in trading. Often neglected by traders, limiting losses and securing profits will determine your trading performance.
The Candlesticks indicator displays the targets and stop-losses on the price chart:
You will maximize your profits and control your risk
Master the Trend with Filters
As a trader, you cannot ignore the trend before opening a position. Although trend continuation remains the most profitable approach, it can be interesting to bet on the reversal. The CandleSticks indicator includes two trend filters: the “in the Trend” and “Reversal” filters.
Trade in the Trend
With the “in the Trend” filter, the indicator will only select buy and sell signals appearing within the trend. With this filter activated, the indicator will only display buy signals in uptrends and sell signals in downtrends.
You will benefit from the uptrend and downtrend continuation
Benefit from Reversals
With the “Reversal” filter, the indicator will only select buy and sell signals against the trend. With this filter activated, the indicator will only display buy signals in downtrends and sell signals in uptrends.
You can take advantage of bullish and bearish reversals
Improve your Performance with Signal Confirmation
The indicator includes volume and market strength filters. This will help you eliminate false signals and focus on the most promising ones.
- The “with Volume” filter will allow you to retain only buy and sell signals accompanied by substantial volume.
- The “with Strength” filter will allow you to retain only buy and sell signals that appear strongly.
You will focus on the most promising signals
Adapt the Indicator to your Needs
The CandleSticks indicator is fully configurable. You can select one or more CandleStick patterns, choose the trend, apply filters, and refine price targets and safety stops. The indicator implements display options, allowing you to spot the candlesticks, signals, and price levels better.
You will adapt the indicator to your strategy
Find Real-Time Opportunities in the Market
Market Scanner
Today, nearly 200,000 assets are listed on the market. Finding trading opportunities can become very time-consuming. The CandleSticks indicator is provided with a market scanner. It will help you find real-time market opportunities. The screener works on all types of assets and all time frames.
Here is an example of Bullish Haramis discovered by the CandleSticks Screener:
You will find opportunities for day-trading and swing-trading
Trading Alerts
You can create trading alerts from the CandleSticks indicator. The system will notify you when the candlestick occurs.
Prorealtime’s alert system works on all types of assets in all time frames.
You will trade candlesticks in real-time
Backtest your strategy
The indicator is perfectly integrable in a backtest. I provide a complete source code that you will import into the Prorealtime platform.
The following strategy generated $3160 in profits, opening 19 entries from 2016 to 2024, with a success rate of 84%. It operated the Green Hammer candlestick occurring with volumes on the Nasdaq ETF in the daily timeframe:
You will easily backtest your strategies or create trader bots
Online Documentation
I provide complete documentation describing the usage and setting of the indicator. You can consult this documentation at any time on these pages:
Try the indicator for Free
Start a FREE TRIAL with the Golden Cross indicator today. You will access the indicator’s complete functionalities for two weeks.
Install the indicator on Prorealtime
The Golden Cross indicator is available on the Prorealcode marketplace. After you get a license, you will access the indicator and scanner on your Prorealtime platform.