Candlestick Patterns
Master 30+ candlestick patterns with detailed explanations, identification tips, and trading strategies.
🔧 Pattern Detection Tools
Learn about Python packages and MT5 methods to automatically detect these patterns
Showing 30 of 30 patterns
📚 Pattern Trading Best Practices
✅ Do's
- • Always wait for pattern confirmation
- • Consider the overall trend context
- • Use patterns at key support/resistance levels
- • Combine with other technical indicators
- • Use proper risk management (1-2% per trade)
❌ Don'ts
- • Don't trade patterns in isolation
- • Don't ignore the prevailing trend
- • Don't trade every pattern you see
- • Don't use low timeframes only (more noise)
- • Don't forget to set stop losses