Analysis Techniques & Strategies
Morning Doji Star | Evening Doji Star |
C_MornDoji_EveDoji displays a ShowMe for two Japanese candlestick patterns; Morning Doji Star and Evening Doji Star .
Morning Doji Star s defined a:
A three candlestick pattern, the first is a long red candle, followed by a Doji candle that gaps lower to form the star, the third is a green candle that closes well into the first candles real body
The first candle body needs to be larger than the average body
Evening Doji Star is defined as:
A three candlestick pattern, the first is a long green candle, followed by a Doji candle that gaps higher to form the star, the third is a red candle that closes well into the first candles real body.
The first candle body needs to be larger than the average body
Name | Default | Description |
Length | 14 | Length used to calculate the average body |
Percent | 5 | Doji threshold for the (open - close) as a percent of the range of the bar |
Morning Doji Star may be considered a bullish reversal pattern.
Evening Doji Star may be considered a bearish reversal pattern.
Morning Doji Star plots on the High when true for the current bar.
Evening Doji Star plots on the Low when true for the current bar.