Evening Star

This formation consists of three candlesticks.

This formation is similar to the Evening Doji Star except that the middle candlestick is a small real body instead of a Doji. When this formation occurs it is a sign of a major top reversal.

Evening 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.