PAC by PRAGMA v1.86

Price Action Candles by PRAGMA is a comprehensive candlestick pattern analysis indicator designed specifically for traders working with price action strategies.

Main Features
The indicator automatically recognizes and marks 14 classical candlestick patterns on the chart, including:

Doji — indecision candles with small bodies and long shadows

Engulfing — bullish and bearish engulfing patterns

Pin Bar — pin bars with long wicks for reversal signals

Inside/Outside Bar — inside and outside bars for consolidation analysis

Hammer/Shooting Star — hammer and shooting star as reversal patterns

Morning/Evening Star — morning and evening star (three-candle formations)

PPR Pattern — push-pull-reverse pattern

Fakey — false breakouts of inside bars

Three White Soldiers/Three Black Crows — three soldiers formations

Shaved Bar, Oversize Bar — shaved and oversized bars

Key Features
Flexible Parameter Settings: each pattern has individual sensitivity settings, including minimum candle body sizes, shadow ratios, and threshold values

Visualization:

Color highlighting of candles based on detected patterns

Automatic labels with abbreviated pattern names

Customizable label sizes and display styles

ATR Normalization: all calculations are based on Average True Range to adapt to current market volatility

Alert System: built-in alerts when any of the tracked patterns are detected

Trading Applications
The indicator is designed for traders using price action strategies and helps to:

Quickly identify potential trend reversal points

Find consolidation zones and market indecision areas

Get entry signals based on proven candlestick formations

Automate the analysis of multiple patterns simultaneously

The indicator works on all timeframes and is suitable for both intraday trading and medium-term strategies.