by 
The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr
Indicator · Pine Script v6 · On the chart
Shooting Star Detector (Corrected Shadows)
This indicator identifies shooting star candlestick reversal patterns directly on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code53
Settings1inputs
LicenceNone stated
Last update7 months ago27 Mar 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Shooting Star Detector (Corrected Shadows) checks for a small real body, an extended upper shadow, and a minimal lower shadow following an uptrend of user-defined length. The script also requires a price confirmation rule relative to the low. When all pattern criteria align, a red label appears above the candle, and an on-screen dashboard table in the bottom-right corner tracks the total count of detected patterns.
- Shooting star candlestick pattern detection
- Configurable prior uptrend lookback length
- Proportional body and shadow ratio filters
- On-chart label plotting for pattern signals
- Summary table tracking total pattern occurrences
Details
Published by
gabriel-klettur on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Candlestick patterns, Screeners & dashboards
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Number of candles for previous trend | int | 1 | trendLength |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
The Confluence Suite indicator draws multiple trading signals and tools directly on the price chart. It generates entry and exit signals based on selected modes and filters, with an AI signal classifier rating quality from 1-4. Additional features include smar
Ghost Channels fits dynamic parallel trend channels over a configurable lookback window using linear regression or pivot swing methods. It layers confirmation signals onto the channel geometry, detecting candlestick pattern reactions at the rails, volume-confi
This indicator identifies whether the opening bar of a new trading day opens at its high (Open = High) or low (Open = Low) within a customizable tick tolerance. It marks matching sessions directly on the price chart using directional arrows, text labels, and t
The indicator tracks four-bar fractal sweep and reclaim setups on chart timeframes of 15 minutes and above. It calculates Reclaim Strength based on where C2 closes relative to C1's range and plots level lines for the swept C1 extreme and C2 extreme. An on-scre
This overlay indicator assigns a next-candle bias from the prior candle: previous-candle high, previous-candle low, an inside-bar version of that bias, or none. Outside bars clear the bias. After each confirmed bar it records whether price tags the prior high
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers