Patterns Dictionary

Check our CandleScanner software and start trading candlestick patterns!

This section is devoted to providing descriptions and information on candlestick patterns, together with comment on their effectiveness.
We recommend also to check our Chart School.

CandleScanner recognizes in total 106 patterns: 20 basic candles and 86 candlestick patterns. The following list of authors, and their books, had the biggest influence on how the CandleScanner scanning algorithms were implemented:

The team responsible for developing CandleScanner has spent a considerable amount of time (spanning several years) on the analysis, on comparisons and on tests between what different authors had to say on the subject of candlesticks and candlestick patterns. It so happens, that even between well-known authors, and their publications, there are differences, and even contradictions, on how to apply and interpret candlestick patterns. CandleScanner attempts to remain true to the spirit of the original Japanese formulation(s). Notwithstanding, rather than take and implement a rigid approach, the software also provides the opportunity for users to control various parameters.



A Harami Cross, Bearish Spinning Top, Black
Abandoned Baby, Bearish Harami Cross, Bullish Spinning Top, White
Abandoned Baby, Bullish Harami, Bearish Strong Line, Bearish
Advance Block Harami, Bullish Strong Line, Bullish
High Wave Takuri Line
B Homing Pigeon Tasuki Line, Bearish
Belt Hold, Bearish Tasuki Line, Bulish
Belt Hold, Bullish I-K Three Black Crows
Breakaway, Bearish Identical Three Crows Three Inside Down
Breakaway, Bullish In Neck Three Inside Up
Kicking Down/Bearish Kicking Three Outside Down
C Kicking Up/Bullish Kicking Three Outside Up
Candle, Black Three Stars in the South
Candle, Short Black L Three White Soldiers
Candle, Short White Ladder Bottom Three-Line Strike, Bearish
Candle, White Ladder Top Three-Line Strike, Bullish
Concealing Baby Swallow Last Engulfing Bottom Thrusting
Last Engulfing Top Tri-Star, Bearish
D Long Black Candle Tri-Star, Bullish
Dark Cloud Cover Long White Candle Turn Down
Deliberation Turn Up
Descending Hawk M Tweezers Bottom
Doji Marubozu, Black Tweezers Top
Doji Star, Bearish Marubozu, Closing Black Two Black Gapping Candles
Doji Star, Bullish Marubozu, Closing White Two Crows
Doji Star, Collapsing Marubozu, Opening Black
Doji, Dragonfly Marubozu, Opening White U
Doji, Four-Price Marubozu, White Unique Three-River Bottom
Doji, Gapping Down Mat Hold Upside Gap Three Methods
Doji, Gapping Up Matching High Upside Gap Two Crows
Doji, Gravestone Matching Low Upside Tasuki Gap
Doji, Long Legged Meeting Lines, Bearish
Doji, Northern Meeting Lines, Bullish W
Doji, Southern Morning Doji Star Window, Falling
Downside Gap Three Methods Morning Star Window, Rising
Downside Tasuki Gap
E-F On Neck
Engulfing, Bearish Piercing
Engulfing, Bullish Rising Three Methods
Evening Doji Star
Evening Star S
Falling Three Methods Separating Lines, Bearish
Separating Lines, Bullish
H Shooting Star, One-Candle
Hammer Shooting Star, Two-Candle
Hammer, Inverted Side-by-Side White Lines, Bearish
Hanging Man Side-by-Side White Lines, Bullish

In CandleScanner you can also use Patterns Dictionary panel available in the ribbon bar HOME » New Window menu as a quick reference.