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Bearish/ bullish Reversal Patterns

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This indicator is a simple, no-frills tool I put together to flag three candlestick patterns that Bulkowski’s research tagged with some of the best historical reversal stats: the Three Black Crows and Evening Star (both classic bearish-reversal signals after an up-move) and the slightly oddball Bearish Three-Line Strike, which often flips into a bullish reversal after three red candles. On your chart you’ll see a colored label and a faint background tint wherever one of these patterns forms, and you can turn on built-in alerts if you’d rather be pinged than stare at the screen. It’s not magic past “win rates” don’t guarantee anything, and you’ll want to mix this with your own trend filter, risk management, and maybe a higher-time-frame check before trading real money. Treat it as a learning aid, paper-test it first, and please remember that nothing here is financial advice. Enjoy, tweak the colors if you like, and let me know what you think.

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