Auto-Recognized Traditional Candlestick Pattern Definitions

Supported Traditional Candlestick Pattern Definitions

3 Black Crows

Must have:

  • Three consecutive and declining black candlesticks.
  • Each candle must have no or very short lower shadow.
  • Each candle after the first must open within the prior candle’s real body.
  • The first candle’s close should be under the prior white candle’s high.

The user should consider that 3 black crows is significant when it appears after a mature advance or at high levels.

Three Soldiers

Must have:

  • Three white candlesticks with consecutively higher closes.
  • Each candle opens within or near the previous white real body.
  • Each candle must have no or very short upper shadow.
  • To differentiate this pattern from advance block, each candle must not be far shorter than the prior candle.

The user should consider that 3 white soldiers is significant when it appears in downtrend.

Abandoned Baby

Must have:

  • First candle: long white (black) real body.
  • Second candle: doji.
  • Third candle: black (white) real body that moves well within the first candle’s real body.
  • Upside (downside) gap between the first candle and the doji (the shadows of the two candles don’t touch).
  • Downside (upside) gap between the doji and the third candle (the shadows of the two candles don’t touch).
  • It to be relatively long.

The user should consider that an abandoned baby is significant when it appears in
an uptrend or downtrend.

Advance Block

Must have:

  • Three white candlesticks with consecutively higher closes.
  • Each candle opens within or near the previous white real body.
  • First candle: long white with no or very short upper shadow (a short shadow is accepted too for more flexibility).
  • Second and third candles, or only third candle, show signs of weakening: progressively smaller white real bodies.
    and/or relatively long upper shadows; see below for specific conditions.

The user should consider that advance block is significant when it appears in uptrend, while this function
does not consider it.

Belt Hold

Must have:

  • Long white (black) real body.
  • No or very short lower (upper) shadow.

Counter Attack

Must have:

  • First candle: long black (white).
  • Second candle: long white (black) with close equal to the prior close.

The user should consider that counterattack is significant in a trend.

Dark Cloud Cover

Must have:

  • First candle: long white candle.
  • Second candle: black candle that opens above previous day high and closes within previous day real body; Greg Morris wants the close to be below the midpoint of the previous real body.

The user should consider that a dark cloud cover is significant when it appears in an uptrend.

Doji

Must have:

  • Open quite equal to close.
  • Neither bullish nor bearish when considered alone.

Dragon Fly Doji

Must have:

  • Doji body.
  • Open and close at the high of the day = no or very short upper shadow.
  • Lower shadow (to distinguish from other dojis, here lower shadow should not be very short) relatively to the trend.

Engulfing

Must have:
  • First: Black (white) real body
  • Second: White (black) real body that engulfs the prior real body.

The user should consider that an engulfing must appear in a downtrend.

Evening Doji Star

Must have:

  • First candle: long white real body.
  • Second candle: doji gapping up.
  • Third candle: black real body that moves well within the first candle’s real body.
  • It to be relatively long.

The user should consider that an evening star is significant when it appears in an uptrend.

Evening Star

Must have:

  • First candle: long white real body.
  • Second candle: doji gapping up.
  • Third candle: black real body that moves well within the first candle’s real body.
  • It to be relatively long.

The user should consider that an evening star is significant when it appears in an uptrend.

Side by Side White Gap

Must have:

  • Upside or downside gap (between the bodies).
  • First candle after the window: white candlestick.
  • Second candle after the window: white candlestick with similar size (near the same) and about the same open (equal) of the previous candle.
  • The second candle does not close the window or downside gap side-by-side white lines is significant when it appears in a trend.

Gravestone Doji

Must have:

  • Long real body.
  • No or very short upper and lower shadow.

Hammer

Must have:

  • Small real body.
  • Long lower shadow.
  • No, or very short, upper shadow.
  • Body above or near the highs of the previous candle.

The user should consider that a hammer must appear in a downtrend.

Hanging Man

Must have:

  • Small real body.
  • Long lower shadow.
  • No, or very short, upper shadow.
  • Body above or near the highs of the previous candle.

The user should consider that a hanging man must appear in an uptrend.

Harami

Must have:

  • First candle: long white (black) real body.
  • Second candle: short real body totally engulfed by the first.
  • 100 is returned when the first candle’s real body begins before and ends after the second candle’s real body.
  • 80 is returned when the two real bodies match on one end (Greg Morris contemplate this case in his book “Candlestick charting explained”).

The user should consider that a harami is significant when it appears in a downtrend if bullish or in an uptrend when bearish, while this function does not consider the trend.

Harami Cross

Must have:

  • First candle: long white (black) real body.
  • Second candle: doji totally engulfed by the first.

The user should consider that a harami cross is significant when it appears in a downtrend if bullish or in an uptrend when bearish.

High Wave

Must have:

  • Short real body.
  • Very long upper and lower shadow.
  • It does not mean bullish or bearish.

Homing Pigeon

Must have:

  • First candle: long black candle.
  • Second candle: short black real body completely inside the previous day’s body.

The user should consider that homing pigeon is significant when it appears in a downtrend.

In Neck

Must have:

  • First candle: long black candle.
  • Second candle: white candle with open below previous day low and close slightly into previous day body.

The user should consider that in-neck is significant when it appears in a downtrend.

Inverted Hammer

Must have:

  • Small real body.
  • Long upper shadow.
  • No, or very short, lower shadow.
  • Gap down.

The user should consider that an inverted hammer must appear in a downtrend.

Marubozu

Must have:

  • Long real body.
  • No or very short upper and lower shadow.

Mat Hold

Must have:

  • First candle: long white candle.
  • Upside gap between the first and the second bodies.
  • Second candle: small black candle.
  • Third and fourth candles: falling small real body candlesticks (commonly black) that hold within the long white candle’s body and are higher than the reaction days of the rising three methods.
  • Fifth candle: white candle that opens above the previous small candle’s close and closes higher than the high of the highest reaction day.

Morning Doji Star

Must have:

  • First candle: long black real body.
  • Second candle: doji gapping down.
  • Third candle: white real body that moves well within the first candle’s real body.
  • It to be relatively long.

The user should consider that a morning star is significant when it appears in a downtrend.

Morning Star

Must have:

  • First candle: long black real body.
  • Second candle: doji gapping down.
  • Third candle: white real body that moves well within the first candle’s real body.
  • It to be relatively long.

The user should consider that a morning star is significant when it appears in a downtrend.

On Neck

Must have:

  • First candle: long black candle.
  • Second candle: white candle with open below previous day low and close equal to previous day low.

The user should consider that on-neck is significant when it appears in a downtrend.

Piercing Pattern

Must have:

  • First candle: long black candle.
  • Second candle: long white candle with open below previous day low and close at least at 50% of previous day
    real body.

The user should consider that a piercing pattern is significant when it appears in a downtrend.

Three Methods

Must have:

  • First candle: long white (black) candlestick.
  • Then: group of falling (rising) small real body candlesticks (commonly black (white)) that hold within the prior long candle’s range: ideally they should be three but two or more than three are ok too.
  • Final candle: long white (black) candle that opens above (below) the previous small candle’s close and closes above (below) the first long candle’s close
    are considered.

Separating Lines

Must have:

  • First candle: black (white) candle.
  • Second candle: bullish (bearish) belt hold with the same open as the prior candle.

The user should consider that separating lines is significant when coming in a trend and the belt hold has the same direction of the trend.

Shooting Star

Must have:

  • Small real body.
  • Long upper shadow.
  • No, or very short, lower shadow.
  • Gap up from prior real body.

The user should consider that a shooting star must appear in an uptrend.

Spinning Top

Must have:

  • Small real body.
  • Shadows longer than the real body.
  • It does not mean bullish or bearish.

Stalled

Must have:

  • Three white candlesticks with consecutively higher closes.
  • First candle: long white.
  • Second candle: long white with no or very short upper shadow opening within or near the previous white real body and closing higher than the prior candle.
  • Third candle: small white that gaps away or “rides on the shoulder” of the prior long real body (= it’s at the upper end of the prior real body).

The user should consider that stalled pattern is significant when it appears in uptrend.

Stick Sandwich

Must have:

  • First candle: black candle.
  • Second candle: white candle that trades only above the prior close (low > prior close).
  • Third candle: black candle with the close equal to the first candle’s close.

The user should consider that stick sandwich is significant when coming in a downtrend.

Tasuki Gap

Must have:

  • Upside (downside) gap.
  • First candle after the window: white (black) candlestick.
  • Second candle: black (white) candlestick that opens within the previous real body and closes under (above) the previous real body inside the gap.
  • The size of two real bodies should be near the same.

The user should consider that tasuki gap is significant when it appears in a trend.

Thrusting

Must have:

  • First candle: long black candle.
  • Second candle: white candle with open below previous day low and close into previous day body under the midpoint; to differentiate it from in-neck the close should not be equal to the black candle’s close.

The user should consider that the thrusting pattern is significant when it appears in a downtrend and it could be even bullish “when coming in an uptrend or occurring twice within several days” (Steve Nison says).

Tristar

Must have:

  • 3 consecutive doji days.
  • The second doji is a star.

Upside Gap Two Crows

Must have:

  • First candle: white candle, usually long.
  • Second candle: small black real body.
  • Gap between the first and the second candle’s real bodies.
  • Third candle: black candle with a real body that engulfs the preceding candle and closes above the white candle’s close.

The user should consider that an upside gap two crows is significant when it appears in an uptrend.

Gap Three Methods

Must have:

  • First candle: white (black) candle.
  • Second candle: white (black) candle.
  • Upside (downside) gap between the first and the second real bodies.
  • Third candle: black (white) candle that opens within the second real body and closes within the first real body.

The user should consider that up/downside gap 3 methods is significant when it appears in a trend.

Raindrop / Balloon

Must have:

  • Left and right VWAP are higher than 60% of the body.
  • At least 80% of the volume of the candle resides above 60% of the raindrop’s body.

Raindrop “Double Flip”

Must have:

  • More than 33% of the candle’s body is between the left and right prices.

Bearish double flips occur when there’s a green flip and then a red flip where the red flip has a right price lower than the green flip’s low.

Bullish double flips occur when there’s a red flip and then a green flip where the green flip has a right price higher than the red flip’s high.

Note: TrendSpider supports additional candlestick patterns that aren’t listed on this page, including some created by Rob Smith (The Strat) and Tom Bulkowski (The Pattern Site). The list on this page only covers patterns that we have defined.