INSTITUTIONAL QUANT ACADEMY & MASTER CATALOG

Technical Analysis Encyclopedia & Candlestick Catalog

Master the exact mathematical models, candlestick formations, and institutional execution rules engineered specifically for Egyptian Exchange liquidity and friction dynamics.

The 7-Pillar Institutional Checklist for EGX Equities

Pillar 01
TIMEFRAME ALIGNMENT & MULTI-TIMEFRAME ANALYSIS
  • Higher Timeframe (HTF): Weekly/Daily context (Determines primary trend)
  • Execution Timeframe: 4H/1H/15M (Finds entry setup)
  • Lower Timeframe (LTF): 5M/1M (Fine-tunes entry trigger)
Pillar 02
MARKET STRUCTURE & TREND
  • Dow Theory Structure: Higher Highs/Higher Lows (Uptrend) vs. Lower Highs/Lower Lows (Downtrend)
  • Market Structure Break (MSB) / Change of Character (ChoCh)
  • Break of Structure (BOS)
  • Phase: Accumulation, Markup, Distribution, or Markdown (Wyckoff Phases)
Pillar 03
KEY LEVELS (SUPPORT & RESISTANCE)
  • Horizontal Support / Resistance zones
  • Key psychological round numbers (e.g., 50, 100, 500 EGP)
  • Dynamic Support/Resistance (Moving Averages, Trendlines)
  • Liquidity Pools (Equal Highs / Equal Lows / Stop Runs)
  • Unfilled Gaps (Fair Value Gaps / Session Gaps)
Pillar 04
CANDLESTICK & CHART PATTERNS
  • Reversal / Continuation candlestick triggers on current timeframe
  • Structural pattern completion (Head & Shoulders, Wedges, Triangles, Double Bottom)
  • Confirmation candle close (Waiting for candle to close before signal validation)
  • Shadow/Wick Rejections at major key structural levels
Pillar 05
INDICATOR CONFLUENCE
  • Trend Indicator alignment (e.g., Price above 50 & 200 EMA)
  • Momentum Divergence (Bullish/Bearish Divergence on RSI/MACD)
  • Overbought / Oversold conditions on Multi-Oscillator matrix
  • Volatility Squeeze detection (Bollinger Band Compression / Keltner Squeeze)
Pillar 06
VOLUME & MARKET BREADTH
  • Volume confirmation on breakout (High volume confirms, low volume warns of fakeouts)
  • Point of Control (POC) / High Volume Nodes (HVN) from Volume Profile
  • Institutional presence (High relative volume spikes / R-Vol > 1.5)
Pillar 07
RISK & TRADE MANAGEMENT
  • Position Size calculation (Risk capped at 1-2% of account equity)
  • Invalid Level (Logical Technical Stop-Loss placement below swing pivot)
  • Target Levels (Take Profit at R1, R2, or measured pattern move)
  • Minimum Risk-to-Reward Ratio (Minimum 1:2 or 1:3 R:R setup)
  • Trailing Stop strategy definition (Chandelier / ATR / Parabolic SAR)

66 Master Candlestick Formations & Statistical Reliability

Bullish Breakaway Reversal (bullish)

A 5-candle reversal pattern where a strong down-move gaps down, consolidates, and breaks out upwards with a strong white/green candle.

Bullish Concealing Baby Swallow Reversal (bullish)

A 4-candle bullish reversal pattern consisting of consecutive marubozu candles and inverted hammers indicating seller exhaustion.

Bullish Doji Star Reversal (bullish)

A long bearish candle followed by a gapping doji, signaling uncertainty and an upcoming upward reversal.

Bullish Engulfing Reversal (bullish)

A large green/white candle whose body completely engulfs the preceding small red/black candle.

Bullish Hammer Reversal (bullish)

A single candle with a small body at the upper end and a long lower shadow (at least twice the length of the body), showing strong buying pressure off a support level.

Bullish Harami Reversal (bullish)

A long red candle followed by a smaller green candle contained within the body of the previous candle, indicating slowing downward momentum.

Bullish Harami Cross Reversal (bullish)

A long red candle followed by a Doji contained within its body, reflecting indecision at a potential bottom.

Bullish Homing Pigeon Reversal (bullish)

A two-candle pattern where a smaller red candle is completely engulfed by the body of a preceding larger red candle.

Bullish Inverted Hammer Reversal (bullish)

A single candle with a long upper shadow and small body at the lower end occurring after a downtrend, signaling potential buying interest.

Bullish Kicking Reversal (bullish)

A two-candle pattern starting with a bearish marubozu, followed by a gap up into a bullish marubozu.

Bullish Ladder Bottom Reversal (bullish)

A 5-candle reversal pattern in a downtrend showing weakening selling pressure, culminating in an inverted hammer and a strong upward gap/candle.

Bullish Mat Hold Continuation (bullish)

A strong bullish candle followed by three small resting lower candles, capped by another strong green candle resuming the uptrend.

Bullish Matching Low Reversal (bullish)

Two consecutive red candles closing at the exact same price level, creating strong support.

Bullish Meeting Lines Reversal (bullish)

A red candle followed by a green candle that opens lower but closes at the exact same price as the previous candle's close.

Bullish Morning Doji Star Reversal (bullish)

A three-candle pattern: a long red candle, a lower gapping Doji, and a strong green candle closing deep into the first candle's body.

Bullish Morning Star Reversal (bullish)

A three-candle pattern: long red candle, small gapping body (red or green), and a strong green candle confirming a bottom reversal.

Bullish Piercing Line Reversal (bullish)

A two-candle pattern: a long red candle followed by a green candle that opens below the low and closes above the 50% midpoint of the first candle.

Bullish Rising 3 Methods Continuation (bullish)

A continuous pattern with one long green candle, followed by three small red candles staying within its range, followed by another long green candle.

Bullish Separating Lines Continuation (bullish)

In an uptrend, a red candle is followed by a green candle that opens at the exact same price as the red candle's open and rallies higher.

Bullish Side-By-Side White Lines Continuation (bullish)

Two green candles of similar size opening at the same price level following an upward gap in an uptrend.

Bullish Stick Sandwich Reversal (bullish)

A green candle sandwiched between two red candles that share the same closing price level.

Bullish 3 Inside Up Reversal (bullish)

A three-candle confirmation pattern consisting of a Bullish Harami followed by a third green candle closing above the first candle's high.

Bullish 3 Outside Up Reversal (bullish)

A three-candle pattern consisting of a Bullish Engulfing candle followed by a third green candle that closes at a new high.

Bullish 3 Stars in the South Reversal (bullish)

Three consecutive red candles with progressively smaller bodies and higher lows, signaling seller exhaustion.

Bullish 3 White Soldiers Reversal (bullish)

Three consecutive long green candles with short wicks, each opening within the previous candle's body and closing near its high.

Bullish Tri-Star Reversal (bullish)

Three consecutive Doji candles where the middle Doji gaps below the outer two, showing extreme indecision turning into a reversal.

Bullish Unique 3 River Bottom Reversal (bullish)

A long red candle, followed by a lower hammer-like candle with a long lower shadow, capped by a small green candle.

Bullish Upside Gap 3 Methods Continuation (bullish)

A continuous pattern featuring two long green candles with a gap between them, followed by a red candle that fills the gap.

Bullish Upside Tasuki Gap Continuation (bullish)

An upward gap between two green candles, followed by a red candle that opens inside the second candle's body and closes inside the gap without fully filling it.

Bullish 3-Line Strike Reversal (bullish)

Three strong red candles in a downtrend followed by a fourth massive green candle that completely engulfs the open of the first candle.

Bullish Abandoned Baby Reversal (bullish)

A three-candle pattern featuring a red candle, an isolated Doji gapping below it, and a green candle gapping above the Doji.

Bullish Belt Hold Reversal (bullish)

A bullish marubozu candle that opens at its low (no lower wick) during a downtrend and rallies strongly.

Bearish 2 Crows Reversal (bearish)

A long green candle followed by two red candles where the second red candle engulfs the first small red candle.

Bearish 3-Line Strike Reversal (bearish)

Three long green candles followed by a single massive red candle that engulfs the range of all three previous candles.

Bearish Abandoned Baby Reversal (bearish)

A green candle followed by an isolated top Doji that gaps above it, followed by a green/red candle gapping down below the Doji.

Bearish Advance Block Reversal (bearish)

Three green candles in an uptrend with progressively smaller bodies and longer upper wicks, indicating weakening buying power.

Bearish Belt Hold Reversal (bearish)

A long red candle that opens at the absolute high of the day and declines sharply throughout the session.

Bearish Breakaway Reversal (bearish)

A 5-candle reversal pattern in an uptrend where a strong green candle is followed by three smaller candles, finished by a massive downward breakout candle.

Bearish Downside Gap 3 Methods Continuation (bearish)

Two falling red candles separated by a gap, followed by a green candle that fills the gap before the trend continues downward.

Bearish Downside Tasuki Gap Continuation (bearish)

A downward gap between two red candles, followed by a green candle opening inside the second candle's body and closing in the gap without closing it completely.

Bearish Engulfing Reversal (bearish)

A large red candle whose body completely overlaps/engulfs the preceding smaller green candle.

Bearish Evening Doji Star Reversal (bearish)

A three-candle top reversal consisting of a long green candle, a gapping Doji at the top, and a long red candle.

Bearish Evening Star Reversal (bearish)

A three-candle pattern: long green candle, small body gapping up, and a long red candle closing past the midpoint of the first candle.

Bearish Falling 3 Methods Continuation (bearish)

A large red candle followed by three small green candles contained within its range, capped by another large red candle resuming the downtrend.

Bearish Hanging Man Reversal (bearish)

A single candle with a small body at the top of an uptrend and a long lower wick, indicating emerging selling pressure.

Bearish Harami Reversal (bearish)

A long green candle followed by a smaller red candle fully contained inside the green candle's body.

Bearish Harami Cross Reversal (bearish)

A long green candle followed by a Doji contained within its body at the peak of an uptrend.

Bearish Identical 3 Crows Reversal (bearish)

Three consecutive long red candles that open at or near the previous candle's close and drop lower.

Bearish In-Neck Continuation (bearish)

A red candle followed by a smaller green candle opening lower and closing slightly inside the previous red candle's close (below its real body).

Bearish Inside Down Reversal (bearish)

A three-candle confirmation pattern consisting of a Bearish Harami followed by a third red candle closing lower than the first candle.

Bearish Kicking Reversal (bearish)

A bullish marubozu candle followed by an immediate gap down into a bearish marubozu candle.

Bearish Meeting Lines Reversal (bearish)

A green candle followed by a red candle opening higher but dropping to close at the exact same level as the previous green candle's close.

Bearish On-Neck Continuation (bearish)

A red candle followed by a green candle opening lower and closing at the exact low of the previous red candle's shadow/body.

Bearish Outside Down Reversal (bearish)

A Bearish Engulfing pattern followed by a third red candle closing below the second candle's low.

Bearish Separating Lines Continuation (bearish)

In a downtrend, a green candle is followed by a red candle opening at the exact same price as the green candle's open and falling sharply.

Bearish Shooting Star Reversal (bearish)

A candle with a small body at the bottom and a long upper wick at the peak of an uptrend, showing failed higher prices.

Bearish Side-By-Side White Lines Continuation (bearish)

In a downtrend, two green candles of similar size open at the same level following a gap down.

Bearish 3 Black Crows Reversal (bearish)

Three consecutive long red candles closing near their low levels with minimal wicks during an uptrend.

Bearish 3 Inside Down Reversal (bearish)

A Bearish Harami followed by a third red candle closing below the first candle's low.

Bearish 3 Outside Down Reversal (bearish)

A Bearish Engulfing pattern followed by a third red candle closing below the second candle's low.

Bearish Thrusting Continuation (bearish)

A red candle followed by a green candle opening lower and closing inside the red candle's body but below its midpoint.

Bearish Tri-Star Reversal (bearish)

Three Doji candles forming a peak where the middle Doji gaps higher than the adjacent two.

Bearish Upside Gap 2 Crows Reversal (bearish)

A green candle followed by two red candles where the second red candle gaps up but closes below the first red candle's close.

Bearish Dark Cloud Cover Reversal (bearish)

A long green candle followed by a red candle opening above the high of the green candle and closing more than halfway into its body.

Bearish Deliberation Reversal (bearish)

Two long green candles followed by a small-bodied green candle or Doji, signaling momentum exhaustion.

Bearish Doji Star Reversal (bearish)

A green candle followed by a gapping Doji at the top of an uptrend.

14 Classical Structural Chart Formations

Double Top BEARISH (Reversal)

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Double Bottom BULLISH (Reversal)

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Head and Shoulders BEARISH (Reversal)

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Inverse Head and Shoulders BULLISH (Reversal)

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Rising Wedge (Reversal) BEARISH (Reversal)

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Falling Wedge (Reversal) BULLISH (Reversal)

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Falling Wedge (Continuation) BULLISH (Continuation)

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Rising Wedge (Continuation) BEARISH (Continuation)

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Bullish Rectangle BULLISH (Continuation)

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Bearish Rectangle BEARISH (Continuation)

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Bullish Pennant BULLISH (Continuation)

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Bearish Pennant BEARISH (Continuation)

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Ascending Triangle NEUTRAL_BULLISH (Bilateral)

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Descending Triangle NEUTRAL_BEARISH (Bilateral)

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50 Mathematical Indicators & Oscillators

Simple Moving Average (SMA) TREND

Calculates average price over N periods to smooth price action.

Exponential Moving Average (EMA) TREND

Gives higher weight to recent price data for faster signal generation.

Weighted Moving Average (WMA) TREND

Assigns linear weighting to price points over time.

Hull Moving Average (HMA) TREND

Reduces lag while maintaining significant line smoothing.

Volume Weighted Moving Average (VWMA) TREND

Weights price changes by total traded volume.

Triple Exponential Moving Average (TEMA) TREND

Uses multiple EMA calculations to eliminate lag completely.

Kaufman’s Adaptive Moving Average (KAMA) TREND

Dynamically adjusts smoothing based on market volatility.

Parabolic SAR TREND

Displays dots above/below price to define trailing stops and trend direction.

Supertrend TREND

Trailing stop indicator based on Average True Range (ATR) to indicate overall trend direction.

Ichimoku Kinko Hyo TREND

Comprehensive system featuring Cloud (Kumo), Tenkan-sen, Kijun-sen, and Lagging Span.

Donchian Channels TREND

Plot high and low boundaries over N periods to highlight breakouts.

Bollinger Bands TREND

Moving average with upper and lower standard deviation bands measuring volatility.

Keltner Channels TREND

Volatility channels plotted using ATR multiples around an EMA center line.

Envelope Indicators TREND

Upper and lower percentage-based bands placed around a moving average.

ZigZag Indicator TREND

Filters out minor price noise to connect major tops and bottoms.

Relative Strength Index (RSI) MOMENTUM

Measures the speed and change of price movements on a 0–100 scale.

Stochastic Oscillator MOMENTUM

Compares a closing price to its price range over a specific timeframe (%K and %D lines).

Moving Average Convergence Divergence (MACD) MOMENTUM

Measures trend momentum via MACD line, signal line, and histogram.

Commodity Channel Index (CCI) MOMENTUM

Identifies cyclical trends by measuring price deviation from its statistical average.

Williams %R MOMENTUM

Momentum indicator measuring overbought and oversold levels on an inverted scale (0 to -100).

Average Directional Index (ADX) MOMENTUM

Quantifies trend strength regardless of direction (values above 25 indicate strong trends).

Rate of Change (ROC) MOMENTUM

Pure momentum oscillator measuring percentage price change between periods.

Awesome Oscillator (AO) MOMENTUM

Compares 34-period and 5-period simple moving averages of median prices.

Know Sure Thing (KST) MOMENTUM

Two-line momentum oscillator based on smoothed rate-of-change values.

Percentage Price Oscillator (PPO) MOMENTUM

Percentage difference between two moving averages (similar to MACD).

Ultimate Oscillator MOMENTUM

Combines short-term, medium-term, and long-term momentum into a single oscillator value.

TRIX (Triple Exponentially Smoothed Average) MOMENTUM

Shows percentage rate of change of a triple exponentially smoothed moving average.

Detrended Price Oscillator (DPO) MOMENTUM

Removes long-term trends to highlight short-term price cycles.

Chande Momentum Oscillator (CMO) MOMENTUM

Calculates momentum on both up and down days directly.

Stochastic RSI MOMENTUM

Applies the Stochastic formula directly to RSI values for sensitive overbought/oversold signals.

On-Balance Volume (OBV) VOLUME

Cumulative volume index adding volume on up days and subtracting on down days.

Volume-Weighted Average Price (VWAP) VOLUME

Intra-day benchmark showing average price weighted by total volume.

Accumulation/Distribution (A/D) Line VOLUME

Gauges supply and demand by measuring price position relative to high/low and volume.

Chaikin Money Flow (CMF) VOLUME

Measures Money Flow Volume over a specific period (typically 20 or 21 periods).

Money Flow Index (MFI) VOLUME

Volume-weighted version of the RSI (often called volume RSI).

Volume Profile / VPVR VOLUME

Displays trading activity at specific price levels rather than over time.

Ease of Movement (EOM) VOLUME

Relates price change to volume to evaluate how easily prices move.

Force Index VOLUME

Uses price and volume to assess the power behind rally or sell-off moves.

Negative Volume Index (NVI) VOLUME

Identifies smart money moves on days when volume decreases.

Positive Volume Index (PVI) VOLUME

Identifies unsophisticated money activity on high-volume days.

Average True Range (ATR) VOLATILITYBREADTH

Measures pure market volatility over N periods without showing direction.

Bollinger Band Width VOLATILITYBREADTH

Measures the percentage distance between upper and lower Bollinger Bands to spot squeezes.

Chaikin Volatility VOLATILITYBREADTH

Measures the spread between high and low prices over time.

Standard Deviation VOLATILITYBREADTH

Statistical measure of market volatility reflecting price dispersion from the mean.

Advance-Decline Line (A/D Line) VOLATILITYBREADTH

Tracks breadth by subtracting declining stocks from advancing stocks.

McClellan Oscillator VOLATILITYBREADTH

Breadth indicator based on the difference between advancing and declining issues.

Arms Index (TRIN) VOLATILITYBREADTH

Ratios advancing/declining stocks to advancing/declining volume to measure overall market sentiment.

Fibonacci Retracements/Extensions VOLATILITYBREADTH

Ratios (23.6%, 38.2%, 50%, 61.8%, 100%) used to find support/resistance and profit targets.

Pivot Points (Standard/Woodie/Camarilla) VOLATILITYBREADTH

Calculated support (S1, S2) and resistance (R1, R2) levels based on previous period OHLC data.

VIX (Volatility Index) VOLATILITYBREADTH

Gauges 30-day expected market volatility derived from index option pricing.

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