BULLISH DOJI STAR
The chart showing Series 1 series.
To see the performance of the pattern in your stock exchange in the context of other stock markets please examine the table below. Find your stock market there and see how it ranks among the others. This will give you an idea about the pattern’s strength and reliability and help you in your buying decisions.
BULLISH DOJI STAR
Definition
This pattern appears in a downtrend and warns that the trend will change. It consists of a black candlestick and a Doji with a downward gap at the opening. When the Doji is in the form of an Umbrella the pattern is called “Bullish Dragonfly Doji”, and in case of an Inverted Umbrella it is called “Bullish Gravestone Doji”. Here, all these patterns are subsumed, under the name: “Bullish Doji Star”, regardless of the shape of the Doji.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. On the first day a black candlestick is observed.
3. Then we see a Doji on the second day that gaps down.
Pattern Requirements and Flexibility
The Bullish Doji Star should start with a normal or long black candlestick. It must continue with a Doji gapping down.
Trader’s Behavior
The market is in a downtrend and a strong black candlestick further confirms it. The next day opens lower with a gap down, and the trading is in a small range. The day closes at the opening price, causing the formation of a Doji. Bears were in control during the downtrend but now a change is implied by the appearance of a Doji Star, which shows that the bulls and the bears are in equilibrium. The downward energy is dissipating. Things are not favorable for the continuation of a bear market.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint of the gap between the Doji and the previous candlestick. Prices should cross above this level for confirmation.

The stop loss level is defined as the lower of the last two lows. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2014
Country
Stock Exchange
Website
Patterns
Total
Confirmed
Total
Profitable
Signals
Confirmation
%
Profitable
Signal%
Per Trade
Samples
Profit%
Loss%
Total Net%(Descending)
JapanSAPPORO 136446.1566.6710.170.1710.00
ChinaSSE 53223502236965.8067.656.810.716.09
USOTC PINK 73634641226663.1048.778.372.326.05
ChinaSZSE 73494602306662.6266.626.210.855.36
USWARRANTS 82522563.4148.086.852.024.83
PakistanKSE 1833110066660.0160.555.470.894.57
IndiaNSE 83735096310460.9360.845.390.854.55
IndiaBSE 140588188469358.2457.325.491.194.30
South KoreaKOSDAQ 47242844174760.2061.434.990.774.22
USAMEX 1906123068564.5355.695.060.994.07
RussiaMICEX 79051528865.1955.924.730.883.85
ArgentinaBUE 2461448458.5458.334.571.033.53
NorwayOSE 68041522861.0354.944.811.403.41
Poland GPW 156793555059.6758.824.240.933.31
Greece ATHENS 2131176554.9355.564.751.473.28
USNASDAQ 136138828528564.8659.864.110.903.21
ThailandSET 2021118257458.4948.563.920.923.01
IsraelTASE 153987353156.7360.823.820.862.97
The World 1943721194796826061.4957.123.830.902.93
South KoreaKRX 45312674155359.0258.083.450.682.78
Hong KongHKEX 69403915193756.4149.484.031.332.69
CanadaTSX-V 90054321260.3339.045.412.782.63
SwedenSTOCKHOLM 2103132273262.8655.373.580.972.62
JapanNAGOYA 136885464.7161.363.010.412.60
JapanTOKYO 1699010256596560.3658.163.330.762.57
PhilippinesPSE 60235518559.3051.823.551.002.55
EgyptEGX 144075835652.6446.973.831.352.48
BrazilBOVESPA 109466137960.4257.343.300.872.44
PortugalLISBON 1881105558.5150.003.751.372.37
TurkeyBIST 99755828255.9750.543.160.852.31
SpainIBEX 62737220959.3356.183.140.862.28
MexicoBMV 34302288.2473.332.400.132.27
IndonesiaIDX 89046823552.5850.213.321.062.26
BelgiumBRUSSELS 52232820162.8461.282.700.532.17
ChileBCS 25191276.0063.162.580.422.16
BangladeshDSE 128578637661.1747.843.120.972.16
Austria WIENERBORSE 1741206868.9756.672.630.512.13
ArgentinaBUE 61453073.7766.672.270.182.09
UKLSE 84785152293260.7756.912.800.722.07
UAEUAE 2461386956.1050.003.381.312.07
TaiwanGTSM 2869157484054.8653.372.840.822.02
Vietnam HOSE 93250725254.4049.703.251.242.01
FrancePARIS 34532104121760.9357.842.610.612.01
RussiaMICEX 59412269.4953.662.390.392.00
Saudi ArabiaTADAWUL 106455930252.5454.032.810.891.92
AustraliaASX 2860171491259.9353.213.091.181.91
GermanyXETRA 49493226185165.2557.322.510.641.87
USNYSE 1849611940688764.6157.632.520.671.85
TurkeyBIST 64362756.2575.001.890.061.83
ItalyBORSA 41072558140562.2854.932.590.791.80
TaiwanTWSE 36942035109355.0953.712.420.641.78
AustraliaASX 44272061.3674.071.850.111.74
CanadaTSX 64193929213961.2154.442.580.841.74
MexicoBMV 82953730264.7856.242.460.781.68
DenmarkCOPENHAGEN 48530917063.7155.022.330.681.66
QatarQE 2201346560.9148.512.090.651.44
NetherlandsAMSTERDAM 103269438967.2556.051.820.491.33
KuwaitKSE 3221856857.4536.763.241.921.32
PeruBVL 56362664.2972.221.330.061.28
MalaysiaBURSA 2113117851855.7543.972.711.451.26
USOTCBB 194121.0525.008.257.001.25
SwitzerlandSIX 1903123868165.0655.011.760.521.24
Vietnam HOSE 63432968.2567.441.400.161.23
BrazilBOVESPA 50352170.0060.001.460.231.23
ChinaSSE 41271865.8566.671.410.191.22
TaiwanGTSM 38292076.3268.971.380.241.14
UKLSE 49292359.1879.311.240.101.14
MalaysiaBURSA 43292167.4472.411.280.141.14
UAEUAE 86553163.9556.361.200.201.00
JordanASE 2051134455.1238.942.731.730.99
Hong KongHKEX 58412670.6963.411.150.220.93
IndonesiaIDX 70583782.8663.791.050.170.88
IndiaNSE 55351663.6445.711.030.170.86
JapanTOKYO 39311779.4954.840.940.130.81
PhilippinesPSE 65372256.9259.460.920.190.73
OmanMSM 115502043.4840.002.021.300.72
Vietnam HNX 43723810054.4642.022.902.200.70
CanadaTSX 48291860.4262.071.000.340.66
South KoreaKOSDAQ 50422684.0061.900.860.210.64
FOREXFOREX 84613672.6259.020.800.160.64
SingaporeSGX 44361881.8250.000.890.250.64
Poland GPW 67492973.1359.180.840.200.63
JapanFUKUOKA 29191065.5252.631.050.420.63
ThailandSET 57441977.1943.180.770.160.61
NorwayOSE 47332170.2163.640.790.180.61
SingaporeSGX 126965826351.8539.971.921.360.56
USPREFERRED 138897151669.9653.140.890.340.55
PakistanKSE 40281870.0064.290.710.180.54
USFOREX 99653965.6660.000.630.110.52
DenmarkCOPENHAGEN 44331775.0051.520.610.150.45
SwedenSTOCKHOLM 55412374.5556.100.660.220.44
ChileBCS 57422573.6859.520.620.210.40
BangladeshDSE 34301688.2453.330.600.200.40
SwitzerlandSIX 3223871.8834.780.520.220.30
IsraelTASE 48332068.7560.610.520.300.21
GermanyXETRA 2718966.6750.000.280.33-0.06
SpainIBEX 27181066.6755.560.330.39-0.06
NetherlandsAMSTERDAM 2617965.3852.940.290.35-0.06
ItalyBORSA 2717962.9652.940.290.35-0.06
Austria WIENERBORSE 2617965.3852.940.290.35-0.06
BelgiumBRUSSELS 2617965.3852.940.290.35-0.06
FrancePARIS 2717962.9652.940.290.35-0.06
Greece ATHENS 2516964.0056.250.310.38-0.06
PortugalLISBON 27191170.3757.890.320.42-0.11
CanadaCSE 53351266.0434.293.804.49-0.69
Patterns Total: How many of this particular pattern has been detected in this period
Confirmed Total: How many of the detected patterns were confirmed and converted into signals
Profitable Signals: The number of the confirmed patterns that have given profitable trades
Confirmation %: The percentage of the confirmed patterns with respect to the total occurrences of this pattern
Profitable Signal %: The percentage of the successful confirmed patterns with respect to the total confirmed patterns
Per Trade Profit %: Total Profits / Total Trades
Per Trade Loss %: Total Losses / Total Trades
Per Trade Net%: (Total Profits–Total Losses) / Total Number of Trades
Samples: Live sample ticker symbols from stock exchanges with links to stock pages of the related bulls.com© family websites
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Disclaimers:

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