MT5 Multi-Timeframe Candlestick Pattern Scanner & Backtester

Scans M5, M15, H1, H4, D1 charts for classical candlestick patterns, backtest their performance with realistic entry/exit simulation, and run a live scanner that alerts when a new pattern appears.

https://github.com/richardawr/mt5-ca...ner-backtester

Features
20+ patterns: Doji, Hammer, Engulfing, Morning/Evening Star, Three White Soldiers, Marubozu, Harami, Tweezers, Rising/Falling Three Methods, etc.
Stop Loss / Take Profit based on ATR (configurable multiplier, R:R ratio)
Higher‑timeframe ATR for fast timeframes (M5/M15 automatically use H1 ATR → realistic SL/TP)
Entry verification (stop orders only filled if touched on next candle)
Forward evaluation with intra‑candle path simulation – avoids look‑ahead bias
R‑level tracking (up to R5) and hit‑rate analysis
Volume confirmation and D1 trend filter
Deduplication – picks the highest‑priority pattern per candle
Session classification (Asia, London, NY, etc.)
Full backtests over date ranges → CSV reports, summary tables, and text reports
Live scanner – monitors all active timeframes and prints formatted alerts when a new candle closes
Position sizing (risk‑based) displayed in alerts


Basic Usage Live Scanner (default) Monitors all active timeframes (M5, M15, H1, H4, D1) and prints alerts whenever a new candle closes and a pattern is detected.

python mt5_multitf_pattern_scanner.py To scan only specific timeframes:
python mt5_multitf_pattern_scanner.py --timeframes H1 H4 D1
Press Ctrl+C to stop.
One‑Shot Scan Scan the latest closed candle on all active timeframes and exit.

python mt5_multitf_pattern_scanner.py --mode scan Quick Backtest (last N bars) Simulate patterns on the most recent N candles (default 500) for a given timeframe. Useful for a fast performance snapshot.

python mt5_multitf_pattern_scanner.py --mode backtest --bars 500 --timeframes H4 Full Backtest (date‑ranged) Run a complete backtest over a specified date range. Generates CSV files (detections, pattern summary, session summary) and a detailed text report.

https://www.forexfactory.com/attachm...2?d=1778154067
https://www.forexfactory.com/attachm...4?d=1778154096
https://www.forexfactory.com/attachm...5?d=1778154137

Interesting. Thanks for sharing!

Thanks for publishing!

FYI: Updated
https://github.com/richardawr/mt5-ca...ner-backtester

Big update: 50+ patterns: classic single-candle (Doji, Dragonfly Doji, Gravestone Doji, Hammer, Shooting Star, Marubozu, Belt Hold, Inverted Hammer, Hanging Man, Spinning Top), two-candle (Engulfing, Near Engulfing, Harami, Kicker, Piercing Line, Dark Cloud Cover, Tweezers, Meeting Lines, Separating Lines, Doji Star), three-candle (Morning/Evening Star, Three White Soldiers, Three Black Crows, Three Inside Up/Down, Three Outside Up/Down, Abandoned Baby, Upside Gap Two Crows), four-candle (Three Line Strike, Concealing Baby Swallow), five-candle (Rising/Falling Three Methods, Mat Hold, Ladder Bottom), and TheStrat composite patterns (2-2, 3-1-2, 2-1-2, 1-2-2 Rev, 1-3 Rev)

Included json file from huge backtest.

https://github.com/richardawr/mt5-ca...ner-backtester

Nice work.. Some interesting stuff in those results..

thank you, scroll to the bottom of the readme for some example graphical results

If you're at all creative, you can make a set and forget systematic algo from the pattern scanner.
Rudimentary prototype backtest results (only includes spread cost, not including swaps/commissions),allows simultaneous orders (and limited at 10 per day).
costs probably around approximately 20% and I'm sure there will be margin requirement considerations.
The results are positive even if the scanner is only using D1 trend confirmation (is does, by default) as a regime classifier if you can call it that.

Finally up and running

@rober159 - Thank you for making this

eurusd H4 today was notable

Nice.. Good luck with it.

Time zone issue fixed
https://github.com/richardawr/mt5-ca...ner-backtester