What is a Japanese candlestick screener and Price Action?

This is an automatic technical analysis tool that scans asset charts in real time and finds classic candlestick patterns (Price Action). It allows traders to instantly react to changes in the balance of power between buyers and sellers.

What reversal Price Action patterns does the algorithm detect?

Our screener recognizes 12 strongest formations: Doji, Pin bar (Hammer and Shooting Star), Bullish and Bearish Engulfing, Morning and Evening Star, as well as trend continuation patterns such as Three White Soldiers.

What is the advantage of trading with Price Action over indicators?

Price Action (price movement analysis) does not lag. While moving averages or oscillators show past history, Japanese candlesticks display the market's reaction here and now: aggressive buying of dips (Pin bar) or capitulation of a side (Engulfing).

How to correctly use candlestick signals in trading?

Candlestick patterns are most effective when formed at strong support and resistance levels. For example, Bullish Engulfing at a local market bottom has a much higher probability of playing out than the same pattern in the middle of a range.

What does the "New" status mean in the candle screener?

The "New" status is assigned to candlestick patterns that formed no more than 3 candles ago on the selected timeframe. Since Price Action signals are short‑term, it is important to react to them at the moment of formation.

Japanese Candlestick Screener

Automated search for Price Action formations. The algorithm scans the market microstructure and identifies moments of buyer or seller capitulation: Doji, Hammers and Engulfing patterns.

Doji and Marubozu

Doji: A candle with no body. A perfect balance between bulls and bears. Indicates that the current trend is exhausting.
Marubozu: Huge full-bodied candle without shadows. The strongest sign of one side dominating the market.

Single reversals

Hammer (Pin bar): Small body and long lower shadow. Bullish signal, buyers bought the dip.
Shooting Star: Mirror of the Hammer. Long upper shadow at the trend top — sellers took over the initiative.

Multi‑candle reversals

Bullish Engulfing / Piercing Line: Strong bullish signals. The bullish candle completely engulfs the bearish one (or breaks through its midpoint via a gap).
Bearish Engulfing / Dark Cloud Cover: Bearish signals of trend exhaustion. Sellers aggressively push the price down.
Morning Star and Evening Star: Classic three‑candle patterns (Impulse -> Doji pause -> Reversal).
Three White Soldiers / Three Black Crows: A cascade of three full‑bodied candles in the same direction. Confirmation of a macro‑trend reversal.

Status	Market	Asset	TF	Candlestick pattern	Chart

Japanese Candlestick Screener

📖 Guide: How to trade candlestick patterns (Price Action)?

Doji and Marubozu

Single reversals

Multi‑candle reversals