Candlestick Pattern Buy/Sell signals

Overview
This indicator provides clear, non-repainting Buy and Sell arrows directly on your chart to help you easily spot high-probability reversal opportunities. It's designed to be a clean and simple visual tool for traders who want to make informed manual trading decisions without a cluttered screen.

The logic is based on an evolution of classic candlestick patterns, specifically adapted to find more frequent signals on the 1-Hour timeframe.

How Signals Are Generated
To ensure reliability and avoid false signals, every arrow is the result of a two-step confirmation process:

The Setup Candle: First, the indicator identifies a potential reversal pattern. This can be a "Flexible" Pin Bar (Hammer or Shooting Star) or a classic Engulfing pattern.

The Trigger Arrow: A BUY or SELL arrow will only be plotted on your chart after the next candle confirms the setup by breaking the high or low of the setup candle. This confirmation method ensures the signal has momentum behind it.

The Signal Logic
The indicator is looking for two main types of reversal patterns:

Flexible Pin Bars: The rules for Hammers and Shooting Stars have been loosened to catch more signals. The main wick must be at least 1.5 times the size of the candle's body, making it more adaptive to the 1-Hour chart.

Classic Engulfing Patterns: It identifies powerful Bullish and Bearish Engulfing patterns where one candle's body completely overtakes the body of the previous candle, signaling a strong shift in control.

How to Use This Indicator
This tool is designed to be a key part of your own trading system.

Add the indicator to your chart.

Set your chart's timeframe to 1-Hour.

When a green BUY arrow appears, it serves as a strong suggestion of a potential long entry.

When a red SELL arrow appears, it serves as a strong suggestion of a potential short entry.

Confirmation: a candle close above a buying signal (Long), and below selling signal (short)
for extra confluence use a moving average such a 50 or 100 EMA and or volume.

Only go long or buy above EMA, and sell or short below EMA

Important: This indicator should be used as a confirmation tool alongside your own analysis of market structure, support/resistance levels, and the overall trend. It is not a complete, standalone trading system.

Disclaimer: This indicator is for educational and informational purposes only and does not constitute financial advice. All trading involves risk.