Morning Star is a bullish trend reversal candlestick pattern consisting of three candles.

The Morning Star candlestick pattern is recognized if:

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

  • The second candle is short and gaps down from the first one;

  • The third candle is bullish and its Close price is higher than the first candle's midpoint.

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 Morning Star candlestick pattern.