# LSOB Pattern

> Marks candles that run beyond the most recent swing high or low, reject with a long wick and are followed by a candle closing back the other way.

Updated: 2026-10-25T01:30:08.000Z · https://chartrider.com/docs/indicators/lsob-pattern/

## What you see
- A red half-circle with the label "LSOB" above a candle: a bearish pattern at a high.
- A green half-circle with the label "LSOB" below a candle: a bullish pattern at a low.

The colors are fixed; Line Color has no effect.

## How it works
Bearish pattern: the pattern candle trades above the most recent three-candle swing high, its high is above the highs of the candles before and after it, it is an up candle with a long upper wick, and the next candle closes below the pattern candle's open. The bullish pattern is the mirror image: a down candle that trades below the most recent swing low with a long lower wick, followed by a candle that closes above its open.

The label sits on the pattern candle, but it needs the following candle, so it appears one candle later.

## How to read it
The pattern describes a stop run that fails: price takes out the stops beyond a recent high (or low), cannot hold there and turns on the next candle. The extreme of the pattern candle is a natural reference for a stop, its body area for a retest. Use the pattern as a confirmation at levels you already watch – equal highs or lows, a higher-timeframe zone, a session high or low – rather than on every swing.

## Using it in strategies
LSOB Pattern is a visual tool: it has no outputs for the [Trade Setup](https://chartrider.com/docs/strategies/trade-setup/) or for `use indicator` in [WickScript](https://chartrider.com/docs/wickscript/). [Swing Level Pattern](https://chartrider.com/docs/indicators/swing-level-pattern/) finds the same candles and labels them "Level".

## Settings

Open the settings with the slider icon next to the indicator (Indicators, `F3`). Numeric settings can be swept as Step 1 / Step 2 parameters when you run a strategy.

### Inputs

| Setting | Type | Default | Description |
|---|---|---|---|
| Period | Number | `3` | Only sets the minimum number of candles needed; it does not change the detection. (min 3) |

### Styles

| Setting | Type | Default | Description |
|---|---|---|---|
| Line Color | Color | `#875d1f` |  |

## Outputs

This indicator draws on the chart only – it has no values for Trade Setup gates or `use indicator`.