CandleStickPattern Indicator

[dsfalc]

Super indicator for learning the patterns guys. Thank you for this.

One thing though, the text that is printed on the chart is extremely large and often covers up candlesticks on the chart.

Three things would seem to be ideal.
1. A way to set the font size. [I looked into editing the ninjascript, but the program reported that I am not able to update a built in indicator, and also, I am not sure if the relevant instruction supports an additional text size variable].

2. A setting in the indicator for distance away from the chart/candlestick to print the screen text.

3. An optional line drawn from the text at a distance up/down to the candlestick on the chart.

Thanks,
dsfalc

[NinjaTrader_Jason]

Hello dsfalc,

Thank you for your suggestions, I will forward them to our development team and ask them if they can add this to the list of future considerations for the software.

You can draw lines using our drawing objects. More information can be found at the link below.

http://www.ninjatrader-support.com/HelpGuideV6/DrawingTools.html

[amo1ro]

Candlestick Pattern Recognition Setup

Hi guys,

Is there anyway to setup these pattern recognition indicator I mean some of the well known patterns looks different..e.g.Bullish Harami see attachments...Please note that I`m relativelly newbie in this field ,but now totally confused..

Thanks ,

[NinjaTrader_Jason]

Hello amo1ro,

A Bullish Harami is a candlestick chart pattern in which a large candlestick is followed by a smaller candlestick. The body of the smaller candlestick is located within the vertical range of the larger body.

Upon looking at the screenshot this is the case.

[amo1ro]

Bullish Harami

Hello amo1ro,

A Bullish Harami is a candlestick chart pattern in which a large candlestick is followed by a smaller candlestick. The body of the smaller candlestick is located within the vertical range of the larger body.

Upon looking at the screenshot this is the case.

Hi Jason ,

Thanks for your quick reply...Now I see,it was confusing because of the shadows of the candle....now I checked the definition of this pattern at various sites,so all clear!

Thanks again