🔵 Introduction In "technical analysis", there are certain reversal patterns that alert us to a potential reversal of a stock's previous trajectory. Two significant patterns in this regard are the "Morning Star" pattern and the "Evening Star" pattern, which are formed by a combination of three different candlesticks and are considered as reversal patterns....
Use this indicator on Intraday Timeframe. Higher the timeframe, more the data This script calculates the performance of an instrument for different sessions. Session inputs can be updated to study performance of - Morning vs Afternoon vs Evening - Pre-Market vs Market vs Post-Market (provided the data feed supports pre and post market) - Overnight vs Intraday...
I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up. Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen. I have everything spelled out...
This is a bearish reversal pattern formed by three candlesticks. The first candlestick of the pattern is an up candlestick with a long real body, the second is an up or down candlestick with a small real body which gaps higher to form a star, the third is a down candlestick which closes below the midpoint of the first candlestick. ...