Candle Reversal Matrix TFF

Candle Reversal Matrix TFF
This "Engulfing + Shooting Star + Evening Star + Hanging Man + Dark Cloud Cover" indicator is a comprehensive candlestick pattern scanner designed to identify key bearish and bullish reversal signals on your TradingView charts.

Key Features:

Bullish Engulfing: Detects strong bullish reversals where a green candle fully engulfs the previous red candle, signaling potential upward momentum.

Bearish Engulfing: Flags bearish reversals where a red candle engulfs the prior green candle, indicating possible downtrend beginnings.

Shooting Star: Identifies candles with a small body near the low and a long upper wick, commonly marking a bearish reversal after an uptrend.

Evening Star: Detects a three-candle bearish reversal pattern characterized by a large green candle, followed by a small indecisive candle, and a strong red candle closing well into the first candle’s body.

Hanging Man: Spots small-bodied candles with long lower shadows after an uptrend, warning of potential bearish reversals.

Dark Cloud Cover: Recognizes a two-candle bearish reversal where a red candle gaps above and closes below the midpoint of the previous green candle.

Visual Cues:
Each pattern is marked on the chart with distinct colored shapes and labels for easy identification:

Green arrows and labels for bullish signals

Red, orange, purple, yellow, and maroon shapes for bearish patterns, each with unique symbols (↓, ☆, EV, HM, DC)