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.
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.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
JapanSAPPORO 136446.1566.6710.170.1710.00
ChinaSSE 56843762256366.1968.136.800.686.11
USOTC PINK 82615253255363.6148.587.782.305.48
ChinaSZSE 79265019339663.3267.666.240.815.43
IndiaNSE 87165309329960.9162.145.850.845.01
IndiaBSE 149328797512658.9158.
South KoreaKOSDAQ 47952892181360.3162.694.970.774.20
ArgentinaBUE 25916510063.7160.615.130.954.19
USAMEX 2012128873464.1256.905.021.004.02
RussiaMICEX 86656832865.5957.754.700.883.82
NorwayOSE 73143623759.6454.364.521.233.29
Greece ATHENS 2661478055.2654.424.601.323.28
USNASDAQ 150349833593765.5260.274.140.893.25
USWARRANTS 88542561.3646.305.262.063.20
The World 1980431225177109661.8958.013.910.893.02
UAEUAE 2811547754.8050.
Hong KongHKEX 73614205213457.1350.754.111.302.81
South KoreaKRX 46522738161659.0958.793.410.662.75
IndonesiaIDX 98452827853.6652.653.680.962.72
JapanTOKYO 1837911136653360.5958.673.480.772.71
BrazilBOVESPA 113767338259.1956.763.580.912.67
JapanNAGOYA 146925563.0159.783.130.482.65
IsraelTASE 167096357157.6659.293.580.932.65
SwedenSTOCKHOLM 2142136674463.7754.473.661.022.64
TurkeyBIST 109660832755.4753.783.480.862.63
CanadaTSX-V 93557022560.9639.475.552.962.59
SpainIBEX 68240323859.0959.063.350.802.56
MexicoBMV 32292290.6375.862.480.102.38
PortugalLISBON 2051125354.6347.323.711.382.34
EgyptEGX 155983540753.5648.743.671.372.30
BelgiumBRUSSELS 53133421562.9064.372.720.522.20
FrancePARIS 35922160130060.1360.192.770.612.17
TaiwanGTSM 3054171389956.0952.482.980.842.13
Saudi ArabiaTADAWUL 107256431852.7156.282.960.852.12
UKLSE 90625511312960.8556.752.810.732.08
GermanyXETRA 55323624213165.5158.802.720.692.04
MexicoBMV 86556232664.9758.012.730.722.02
RussiaMICEX 58402168.9752.502.400.402.00
Austria WIENERBORSE 2061498672.3357.722.500.521.97
AustraliaASX 30921836100559.3854.743.121.181.94
ArgentinaBUE 59432972.8867.442.120.191.93
QatarQE 2221357160.8152.592.470.601.87
TurkeyBIST 62362758.0675.001.890.061.83
ItalyBORSA 42472603148961.2957.202.600.771.82
USNYSE 2021013226775765.4458.652.460.651.81
AustraliaASX 43261960.4773.081.880.121.77
CanadaTSX 69164235233961.2355.232.580.821.77
TaiwanTWSE 39272173115355.3353.062.420.661.75
JapanFUKUOKA 24171270.8370.591.880.181.71
NetherlandsAMSTERDAM 105969541565.6359.711.980.461.52
OmanMSM 92451948.9142.222.380.961.42
MalaysiaBURSA 2204124154856.3144.162.761.411.35
PeruBVL 56352562.5071.431.370.061.31
DenmarkCOPENHAGEN 52033817365.0051.181.990.721.28
SwitzerlandSIX 2088132774163.5555.841.790.521.28
BrazilBOVESPA 47331970.2157.581.520.241.27
ChinaSSE 33241572.7362.501.460.211.25
Vietnam HOSE 59422871.1966.671.380.171.21
UKLSE 46292363.0479.311.280.101.17
JordanASE 2341305155.5639.232.811.691.12
TaiwanGTSM 33241672.7366.671.290.251.04
MalaysiaBURSA 41282068.2971.431.180.141.04
UAEUAE 82553267.0758.
IndonesiaIDX 68553580.8863.641.150.160.98
Hong KongHKEX 53372369.8162.
JapanTOKYO 35281680.0057.
KuwaitKSE 3822127355.5034.432.902.070.83
IndiaNSE 54341562.9644.120.970.150.82
SingaporeSGX 134569228351.4540.902.211.420.79
PhilippinesPSE 62362258.0661.110.940.190.75
USOTCBB 4322851.1636.364.643.910.73
NorwayOSE 46322369.5771.880.840.130.72
Poland GPW 63482876.1958.330.830.210.63
CanadaTSX 45271660.0059.260.960.370.59
FOREXFOREX 76563373.6858.930.770.180.59
USPREFERRED 1492105457470.6454.460.890.300.59
ThailandSET 52411778.8541.460.760.170.59
SingaporeSGX 44361881.8250.000.830.250.58
PakistanKSE 38261668.4261.540.730.150.58
USFOREX 96633765.6358.730.590.110.48
SwedenSTOCKHOLM 50382276.0057.890.710.240.47
DenmarkCOPENHAGEN 40301575.0050.000.630.170.47
South KoreaKOSDAQ 45392386.6758.970.690.230.46
BangladeshDSE 33291787.8858.620.660.210.45
ChileBCS 48352272.9262.860.660.230.43
IsraelTASE 47332070.2160.610.520.300.21
SwitzerlandSIX 3022773.3331.820.360.230.14
GermanyXETRA 2618969.2350.000.280.33-0.06
SpainIBEX 27181066.6755.560.330.39-0.06
NetherlandsAMSTERDAM 2517968.0052.940.290.35-0.06
ItalyBORSA 2617965.3852.940.290.35-0.06
BelgiumBRUSSELS 2517968.0052.940.290.35-0.06
Austria WIENERBORSE 2617965.3852.940.290.35-0.06
FrancePARIS 2617965.3852.940.290.35-0.06
Greece ATHENS 2516964.0056.250.310.38-0.06
PortugalLISBON 27191170.3757.890.320.42-0.11
CanadaCSE 51361370.5936.113.894.72-0.83
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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