Pattern Recognition Master

Category: market_structure

Identifies and labels various Japanese candlestick patterns including Hammers, Shooting Stars, Doji, Engulfing patterns, Dark Cloud Cover, and Piercing Lines using timeframe-specific geometric thresholds.

Formula

\text{Body} = |Open - Close|, \text{Range} = High - Low. \text{Patterns defined by ratios of Body/Range and relative position to previous candles (e.g., Engulfing: } Body_0 > Body_1 \text{ and } PriceRange_0 \text{ consumes } PriceRange_1).

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.