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.
Pattern is yellow
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.
Pattern is yellow
//////////////////////////////////////////////////////////// // Copyright by HPotter v1.0 03/04/2014 // 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. //////////////////////////////////////////////////////////// study(title = "Evening Star", overlay = true) barcolor(close[2] > open[2] ? min(open[1], close[1]) > close[2] ? open < min(open[1], close[1]) ? close < open ? yellow :na : na : na : na, -1)