Homing Pigeon is a bullish trend reversal candlestick pattern consisting of two candles.

The Homing Pigeon candlestick pattern is recognized if:

  • The first candle is long and bearish and continues the downtrend;

  • The second candle is short and bearish and its body is engulfed by the first candle's body.

Input Parameters

Parameter Description
length The number of candles used to calculate the average body height. If the body height of a candle exceeds this average, it is considered long.
trend setup The number of preceding candles to check if the trend exists.
body factor The factor used when checking if a candle is short. A candle is considered short if its body height is lower than the average multiplied by this factor.


Plot Description
Bullish The Homing Pigeon candlestick pattern.