Evening Doji Star

This formation consists of three candlesticks.

The first is a long white candlestick, the second is a Doji and the third is a small black candlestick. The Doji gaps above both the white and black candlestick. The black candlestick opens higher than the close of the white one but closes below the midpoint of the white candlestick. When this formation occurs it is a sign of a major top reversal.

Evening Doji Star

Parameters:

BarsBack BarsBack must be greater than MinBars.

The candlestick formation will be scanned this many bars back in the timeframe.

MinBars 2(Fixed)

The value of MinBars will be one less than the number of bars in the candlestick formation.