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Candlestick Reversal Pattern Detector in Pine Script

Create a TradingView indicator in Pine Script v5 to detect and label candlestick reversal patterns with trend and RSI filters.

@cutejsq

about 4 hours agoMarch 21, 2026 at 01:06 PM

Automation Finance Investing

Content

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 th...

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