Classic candlestick patterns, shown only where they matter, scored 0-100 with a hit rate and its n
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Edo Candle Context is a candlestick pattern indicator that draws a classic pattern only where it matters. It recognises the classic patterns in eleven groups, from single candles to three-candle formations, and shows one only when it reacts to a level built from confirmed pivots, to the latest swing or to an excessive extension of price from its 20-period average, and when its score reaches a minimum. Every pattern gets a 0-100 score, is tracked until it is Confirmed, Invalidated or Expired, and the indicator calculates the hit rate of the symbol and timeframe you are viewing with the number of events (n) always visible. Everything is evaluated on closed candles, so it does not repaint.
Edo Candle Context works without adjustment on stocks, crypto, forex, indices and futures on any timeframe. The inputs most users touch are the signal silence, to get more or fewer labels, the pivot length, to match the level map to their own horizon, and the minimum score. Each of the eleven groups has its own switch, and the panel offers Full and Compact modes, four corners, three sizes and dark or light theme.
Trading involves risk. This indicator is an analysis tool and does not constitute financial advice, investment recommendations, or trading signals. The user is solely responsible for their trading decisions.
