The Candlestick X-Ray™ is the most comprehensive, feature-rich collection of candlestick pattern Indicators on the commercial market. Whether you're interested in the most common or advanced patterns — the Indicator, PaintBar, and Scanner detect over 90 unique candlestick patterns — significantly more than any other indicator or software.
The Candlestick X-Ray™ gives you the power to scan for the best candlestick patterns and trade setups!
The Candlestick X-Ray™ outperforms all competitors by using strictly coded, Fibonacci-based formulas that filter out low-quality patterns. This ensures that only the strongest candlestick patterns are detected — avoiding weak, unreliable patterns that plague other software and indicators. Other candlestick tools on the market lack a proper understanding of the rules behind each pattern — resulting in incorrect formulas. This can have disastrous consequences if you're making trading decisions based on false patterns.
To solve this problem, we devised each pattern's formula after studying all the candlestick-related literature that we could get our hands on. Since many candlestick patterns and their respective formulas are neither qualitatively defined nor uniformly agreed amongst candlestick "experts", we have combined their various interpretations to determine the specific rules for each pattern. We also went a step further to incorporate Fibonacci numbers and ratios into many of our formulas — creating multi-faceted, extremely powerful candlestick pattern Indicators.
92 candlestick patterns — significantly more than any other candlestick-related indicator or software. Nothing else comes close.
Our strictly coded, Fibonacci-based formulas filter out low-quality patterns. This ensures that only the strongest candlestick patterns are detected — avoiding weak, unreliable patterns that plague other software and indicators.
The most important aspect of any candlestick pattern software is the ability to scan for patterns and signals. You will receive specialized “scanner’ Indicators and templates, designed to scan any list of symbols for any and all candlestick patterns.
Enable or disable any of the candlestick patterns to reduce chart clutter and be notified of only your favorite patterns. All colors and text labels are also fully customizable to give you complete control.
Optional alerts and notifications ensure that you won’t miss any candlestick patterns or signals. You can easily configure audio, visual, and email alerts as well!
The Candlestick X-Ray PaintBar color-codes price bars and provides a text label of the pattern name whenever a valid candlestick pattern is detected. It is fully customizable, so you can display all the patterns or only the specific patterns that you're interested in.
Aqua Bars = Bullish Patterns
Yellow Bars = Neutral Patterns
Pink Bars = Bearish Patterns
The Candlestick X-Ray Indicator plots color-coded bars in the subpanel when a valid candlestick pattern is detected. It’s a bit less obtrusive than the PaintBar Indicator and can easily be customized to display all patterns or only the specific patterns that you want to see.
Green Bars = Bullish Patterns
Yellow Bars = Neutral Patterns
Red Bars = Bearish Patterns
The Candlestick X-Ray™ Indicator Package also includes a special "Scanner" Indicator designed to scan for ANY candlestick pattern using the NinjaTrader Market Analyzer, TradeStation RadarScreen, or MultiCharts Market Scanner. And all columns, colors, and text are fully customizable!
As you can see in the screenshots below, using the Candlestick X-Ray™ with the NinjaTrader Market Analyzer, TradeStation RadarScreen, or MultiCharts Market Scanner allows you to scan for candlestick patterns across any list of symbols — in just seconds!
You can exchange your Indicator Package for another of equal or lesser value — up to 30 days after purchase!
(Click the Image Below to View the User Guide)