Advanced Candlestick Chart

Trade Smarter With Automatic Candlestick Insights

Reading candlesticks by hand is slow and easy to get wrong.
The Advanced Candlestick Pattern Scanner turns raw price action into clear, actionable signals – right on your existing charts.

Automatically detect major candlestick patterns, visualize dynamic support and resistance levels, and map out trend channels in seconds so you can focus on planning the trade, not drawing the chart.

Advanced Candlestick Chart

Automatic Support & Resistance Levels

With the Support / Resistance mode enabled, the tool automatically draws key price levels across your chart:

• Multiple levels are labeled (SR1, SR2, SR3, SR4, SR5) to show stacked areas of interest.
• A green level marks current resistance or breakout zone, while orange levels highlight prior turning points.
• As price moves, you can immediately see which levels are being tested, held, or broken.

These levels help you:

• Place more logical stop-loss and take-profit zones.
• Spot confluence between candlestick patterns and strong horizontal levels.
• Avoid chasing trades into obvious support or resistance.

Advanced Candlestick Chart with Support / Resistance lines

Visual Trend Channels & Drawing Tools

For a deeper technical view, the Advanced Candlestick Tool comes with intuitive drawing tools on the left-hand toolbar:

• Parallel channel tool – draw clear rising or falling channels around price action.
• Trendline tool – mark swing highs and lows or breakouts.
• Text & notes – add comments directly on the chart for your setups.
• Measure / ruler tool – quickly gauge percentage moves and distances between levels.
• Erase / delete tool – clean up your workspace in one click.

These tools let you combine objective pattern detection with your own discretion and trade planning.

Advanced Candlestick chart with Parallel channel tool, trendlines, text & notes, measure / rules tool and erase / delete tool. Multi-timeframe navigator with jumps between 1 day and 10 years+ with slider

Fibonacci Levels

Spot potential support and resistance zones by mapping Fibonacci retracement levels between a clear swing high and swing low—then watch how price reacts at key percentages like 38.2%, 50%, 61.8%, and 78.6%.

What it is

Fibonacci Retracement is a classic technical analysis tool used to highlight likely pullback zones inside a trend. Once you anchor the tool to a swing low and swing high (or vice versa), the chart automatically plots horizontal levels that traders commonly treat as:

• Potential support in uptrends
• Potential resistance in downtrends

How it works in your chart

1. Identify the trend
   • Uptrend: higher highs + higher lows
   • Downtrend: lower highs + lower lows
2. Select your swing points
   • In an uptrend, draw from swing low → swing high
   • In a downtrend, draw from swing high → swing low
3. Review the key retracement levels
   Your tool plots the widely used levels (commonly 38.2%, 50%, 61.8%, 78.6%) and labels them on the chart so you can quickly see where price may pause, bounce, or reject.
4. Use price reaction as confirmation
   These levels are areas of interest, not guarantees—look for confirmation (structure, volume shifts, wick rejections, consolidation, etc.).

Fibonacci Retracement Levels

How to interpret the levels

• Shallow retracements (e.g., 38.2%) often suggest strong momentum—price doesn’t “need” to pull back much before continuing.
• Mid retracements (50% / 61.8%) are commonly watched as “decision zones,” where trends often either resume or weaken.
• Deep retracements (e.g., 78.6%) can signal a fragile trend and, in more volatile conditions, may hint at a potential reversal if price fails to reclaim key levels.