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
- 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)
- 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)
- 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)
- 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
- 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)
- 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)
- 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
A 5-candle reversal pattern where a strong down-move gaps down, consolidates, and breaks out upwards with a strong white/green candle.
A 4-candle bullish reversal pattern consisting of consecutive marubozu candles and inverted hammers indicating seller exhaustion.
A long bearish candle followed by a gapping doji, signaling uncertainty and an upcoming upward reversal.
A large green/white candle whose body completely engulfs the preceding small red/black candle.
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.
A long red candle followed by a smaller green candle contained within the body of the previous candle, indicating slowing downward momentum.
A long red candle followed by a Doji contained within its body, reflecting indecision at a potential bottom.
A two-candle pattern where a smaller red candle is completely engulfed by the body of a preceding larger red candle.
A single candle with a long upper shadow and small body at the lower end occurring after a downtrend, signaling potential buying interest.
A two-candle pattern starting with a bearish marubozu, followed by a gap up into a bullish marubozu.
A 5-candle reversal pattern in a downtrend showing weakening selling pressure, culminating in an inverted hammer and a strong upward gap/candle.
A strong bullish candle followed by three small resting lower candles, capped by another strong green candle resuming the uptrend.
Two consecutive red candles closing at the exact same price level, creating strong support.
A red candle followed by a green candle that opens lower but closes at the exact same price as the previous candle's close.
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.
A three-candle pattern: long red candle, small gapping body (red or green), and a strong green candle confirming a bottom reversal.
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.
A continuous pattern with one long green candle, followed by three small red candles staying within its range, followed by another long green candle.
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.
Two green candles of similar size opening at the same price level following an upward gap in an uptrend.
A green candle sandwiched between two red candles that share the same closing price level.
A three-candle confirmation pattern consisting of a Bullish Harami followed by a third green candle closing above the first candle's high.
A three-candle pattern consisting of a Bullish Engulfing candle followed by a third green candle that closes at a new high.
Three consecutive red candles with progressively smaller bodies and higher lows, signaling seller exhaustion.
Three consecutive long green candles with short wicks, each opening within the previous candle's body and closing near its high.
Three consecutive Doji candles where the middle Doji gaps below the outer two, showing extreme indecision turning into a reversal.
A long red candle, followed by a lower hammer-like candle with a long lower shadow, capped by a small green candle.
A continuous pattern featuring two long green candles with a gap between them, followed by a red candle that fills the gap.
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.
Three strong red candles in a downtrend followed by a fourth massive green candle that completely engulfs the open of the first candle.
A three-candle pattern featuring a red candle, an isolated Doji gapping below it, and a green candle gapping above the Doji.
A bullish marubozu candle that opens at its low (no lower wick) during a downtrend and rallies strongly.
A long green candle followed by two red candles where the second red candle engulfs the first small red candle.
Three long green candles followed by a single massive red candle that engulfs the range of all three previous candles.
A green candle followed by an isolated top Doji that gaps above it, followed by a green/red candle gapping down below the Doji.
Three green candles in an uptrend with progressively smaller bodies and longer upper wicks, indicating weakening buying power.
A long red candle that opens at the absolute high of the day and declines sharply throughout the session.
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.
Two falling red candles separated by a gap, followed by a green candle that fills the gap before the trend continues downward.
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.
A large red candle whose body completely overlaps/engulfs the preceding smaller green candle.
A three-candle top reversal consisting of a long green candle, a gapping Doji at the top, and a long red candle.
A three-candle pattern: long green candle, small body gapping up, and a long red candle closing past the midpoint of the first candle.
A large red candle followed by three small green candles contained within its range, capped by another large red candle resuming the downtrend.
A single candle with a small body at the top of an uptrend and a long lower wick, indicating emerging selling pressure.
A long green candle followed by a smaller red candle fully contained inside the green candle's body.
A long green candle followed by a Doji contained within its body at the peak of an uptrend.
Three consecutive long red candles that open at or near the previous candle's close and drop lower.
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).
A three-candle confirmation pattern consisting of a Bearish Harami followed by a third red candle closing lower than the first candle.
A bullish marubozu candle followed by an immediate gap down into a bearish marubozu candle.
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.
A red candle followed by a green candle opening lower and closing at the exact low of the previous red candle's shadow/body.
A Bearish Engulfing pattern followed by a third red candle closing below the second candle's low.
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.
A candle with a small body at the bottom and a long upper wick at the peak of an uptrend, showing failed higher prices.
In a downtrend, two green candles of similar size open at the same level following a gap down.
Three consecutive long red candles closing near their low levels with minimal wicks during an uptrend.
A Bearish Harami followed by a third red candle closing below the first candle's low.
A Bearish Engulfing pattern followed by a third red candle closing below the second candle's low.
A red candle followed by a green candle opening lower and closing inside the red candle's body but below its midpoint.
Three Doji candles forming a peak where the middle Doji gaps higher than the adjacent two.
A green candle followed by two red candles where the second red candle gaps up but closes below the first red candle's close.
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.
Two long green candles followed by a small-bodied green candle or Doji, signaling momentum exhaustion.
A green candle followed by a gapping Doji at the top of an uptrend.
14 Classical Structural Chart Formations
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50 Mathematical Indicators & Oscillators
Calculates average price over N periods to smooth price action.
Gives higher weight to recent price data for faster signal generation.
Assigns linear weighting to price points over time.
Reduces lag while maintaining significant line smoothing.
Weights price changes by total traded volume.
Uses multiple EMA calculations to eliminate lag completely.
Dynamically adjusts smoothing based on market volatility.
Displays dots above/below price to define trailing stops and trend direction.
Trailing stop indicator based on Average True Range (ATR) to indicate overall trend direction.
Comprehensive system featuring Cloud (Kumo), Tenkan-sen, Kijun-sen, and Lagging Span.
Plot high and low boundaries over N periods to highlight breakouts.
Moving average with upper and lower standard deviation bands measuring volatility.
Volatility channels plotted using ATR multiples around an EMA center line.
Upper and lower percentage-based bands placed around a moving average.
Filters out minor price noise to connect major tops and bottoms.
Measures the speed and change of price movements on a 0–100 scale.
Compares a closing price to its price range over a specific timeframe (%K and %D lines).
Measures trend momentum via MACD line, signal line, and histogram.
Identifies cyclical trends by measuring price deviation from its statistical average.
Momentum indicator measuring overbought and oversold levels on an inverted scale (0 to -100).
Quantifies trend strength regardless of direction (values above 25 indicate strong trends).
Pure momentum oscillator measuring percentage price change between periods.
Compares 34-period and 5-period simple moving averages of median prices.
Two-line momentum oscillator based on smoothed rate-of-change values.
Percentage difference between two moving averages (similar to MACD).
Combines short-term, medium-term, and long-term momentum into a single oscillator value.
Shows percentage rate of change of a triple exponentially smoothed moving average.
Removes long-term trends to highlight short-term price cycles.
Calculates momentum on both up and down days directly.
Applies the Stochastic formula directly to RSI values for sensitive overbought/oversold signals.
Cumulative volume index adding volume on up days and subtracting on down days.
Intra-day benchmark showing average price weighted by total volume.
Gauges supply and demand by measuring price position relative to high/low and volume.
Measures Money Flow Volume over a specific period (typically 20 or 21 periods).
Volume-weighted version of the RSI (often called volume RSI).
Displays trading activity at specific price levels rather than over time.
Relates price change to volume to evaluate how easily prices move.
Uses price and volume to assess the power behind rally or sell-off moves.
Identifies smart money moves on days when volume decreases.
Identifies unsophisticated money activity on high-volume days.
Measures pure market volatility over N periods without showing direction.
Measures the percentage distance between upper and lower Bollinger Bands to spot squeezes.
Measures the spread between high and low prices over time.
Statistical measure of market volatility reflecting price dispersion from the mean.
Tracks breadth by subtracting declining stocks from advancing stocks.
Breadth indicator based on the difference between advancing and declining issues.
Ratios advancing/declining stocks to advancing/declining volume to measure overall market sentiment.
Ratios (23.6%, 38.2%, 50%, 61.8%, 100%) used to find support/resistance and profit targets.
Calculated support (S1, S2) and resistance (R1, R2) levels based on previous period OHLC data.
Gauges 30-day expected market volatility derived from index option pricing.
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