Sno Invest Indicators: Candle Flags (Free)

Candle Formations That Matter — Flags Candles Only When They Interact With Key Levels.

The SNO INVEST Candle Flags indicator is a free NinjaTrader tool that marks selected candle formations directly on your chart.

It can identify inside candles, pin bars, and 3 consecutive bar formations — but the real value is that it does not have to blindly tag every pattern that appears.

Candle Flags can filter for formations that interact with key levels based on the indicators already loaded on your chart, such as EMA, SMA, VWAP, opening range levels, prior day levels, or other price-based indicators you choose.

This helps keep the chart cleaner and focuses attention on candle formations happening near areas of interest.

Features:

Inside Candle Flags: Marks inside candles that form near selected confluence levels.

Pin Bar Flags: Identifies bullish and bearish pin bars, with optional 5-minute 21 SMA direction filtering.

3-Bar Formation Flags: Identifies strong 3-candle formations with optional 5-minute 21 SMA direction filtering.

Price-Level Confluence: Optionally requires patterns to touch loaded price-based indicators before showing a marker.

Include / Exclude Indicators: Add custom indicators as confluence or exclude indicators you do not want counted.

Clean Visual Markers: Uses simple chart symbols with no extra panels or clutter.

Ideal for traders who want to spot candle formations near meaningful chart levels without filling the screen with every possible pattern.