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9-Candle Pattern + Support & Resistance

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9-Candle Pattern + Support & Resistance Indicator

The 9-Candle Pattern + Support & Resistance indicator is a powerful technical analysis tool designed to identify short-term reversal patterns and key price levels on any chart. It combines candlestick pattern recognition with dynamic support and resistance zones, providing traders with actionable entry and exit signals.

Key Features

🔹 9-Candle Pattern Detection:
Automatically scans the chart for a 9-candle formation that often precedes potential trend reversals or breakout opportunities.
The pattern highlights price exhaustion zones where momentum is likely to shift.

🔹 Automatic Support & Resistance Levels:
Plots real-time support and resistance zones based on recent swing highs and lows, helping traders spot crucial decision points on the chart.

🔹 Multi-Timeframe Compatibility:
Works seamlessly across multiple timeframes, from intraday scalping to swing trading setups.

🔹 Custom Alerts:
Receive alerts when a valid 9-candle reversal pattern forms near a key support or resistance level — increasing the accuracy of trade confirmations.

🔹 Visual Clarity:
Clean visual cues for patterns and zones, making chart analysis intuitive without clutter.

How It Helps

This indicator simplifies technical analysis by merging price action logic with market structure awareness.
Traders can quickly identify:

Potential reversal zones

Breakout opportunities

High-probability entries aligned with strong S/R levels

Best For

Price action traders

Swing and intraday traders

Traders using confluence-based strategies

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.