ChartLuma
Price ActionCANDLE

Candlestick Structures

Highlight key candle formations only after body, wick, trend, ATR, and volume filters agree.

Indicator overview

Use this indicator to pick out meaningful reversal and continuation patterns without inspecting every candle manually. Green labels mark bullish structures and red labels mark bearish ones, including engulfing candles, hammers, morning or evening stars, soldiers, and crows.

The label is a prompt, not a complete trade signal. Reversal patterns matter most near support or resistance, while continuation patterns matter most when they align with the existing trend. Labels appear only after the full pattern is complete, making them useful for confirmation rather than prediction.

QQQ Daily Candlestick Structures

How to read the chart

Green structure label
Bullish reversal or continuation structure
Red structure label
Bearish reversal or continuation structure
Labeled candle
The final confirmed candle, not the start of the pattern

Signal confirmation

Reversal structure

Hammer, star, engulfing, morning/evening star; location is essential

Continuation structure

Soldiers/crows or three methods; favor alignment with the larger trend

Further viewing

Watch on YouTube

This video is for feature guidance only. Use the output and parameters shown on this page as the source of truth.

How to use it

  1. 01

    First locate the pattern relative to support, resistance, or channel edges

  2. 02

    For reversals, wait for the next bar to break the pattern high or low

  3. 03

    Continuation patterns rank higher when Reactor and Trend Assistant agree

  4. 04

    Place the stop beyond the full structure extreme

Avoid when:

Illiquid bars, limit-locked moves, news gaps, and isolated patterns in the middle of a range.

Parameter guide

Volume filterOn

Requires sufficient activity around the formation

Trend filterOn

Uses EMA20 direction to reduce counter-trend patterns

Show weak patternsOn

Turn off to remove weaker single-candle labels

Simplify labelsOff

Shows compact tags such as Hammer, Morning Star, and RTM instead of localized full names

Visible patternsAll

Choose exactly which engulfing, star, soldier, crow, and three-method labels remain visible

For technical-analysis education only, not investment advice. Use independent judgment and risk controls.