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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
USWARRANTS 78492762.8255.1026.492.5523.94
JapanSAPPORO 136446.1566.6710.170.1710.00
TurkeyBIST 1829108063059.0558.338.210.977.24
JapanFUKUOKA 49321665.3150.006.250.385.88
USOTC PINK 145329403418164.7344.457.363.034.33
ArgentinaBUE 70440021556.8253.755.641.634.01
ChileBCS 123643552.0354.694.660.703.95
PakistanKSE 3131177191156.5651.445.001.303.70
Poland GPW 2308130068256.3352.464.891.213.69
NorwayOSE 118372337361.1251.594.621.163.46
IndiaNSE 154878402434254.2551.684.671.223.44
IndonesiaIDX 157984742053.6449.594.691.343.35
South KoreaKOSDAQ 81334752256258.4853.874.391.133.25
USNASDAQ 2177014232763665.4453.604.531.293.24
EgyptEGX 1990109854055.1849.184.471.353.12
IndiaBSE 2433313650658356.1048.234.711.593.12
IsraelTASE 35411988107756.1454.
BrazilBOVESPA 2266141372062.3650.964.231.252.98
Vietnam HOSE 1916100052852.1952.804.111.142.97
USAMEX 33622132109263.4151.223.951.192.76
CanadaTSX-V 1751106042160.5439.725.983.232.75
PhilippinesPSE 107866230061.4145.323.881.242.65
ArgentinaBUE 89684176.4060.292.790.292.50
Austria WIENERBORSE 28217510862.0661.713.440.962.48
SwedenSTOCKHOLM 45842878146162.8150.753.881.432.45
Greece ATHENS 40824012758.8252.923.561.132.43
The World 34815321238110947361.0251.533.501.152.35
ChinaSZSE 1836110449545456.9152.203.501.162.34
SpainIBEX 107269237464.5554.053.240.952.30
Vietnam HNX 51926210950.4841.603.981.732.25
TurkeyBIST 103624560.1972.582.270.082.19
CanadaCSE 51729811458.4137.756.254.072.18
JapanTOKYO 2969317964944560.5052.583.191.022.17
TaiwanTWSE 61693504178456.8050.912.870.772.10
South KoreaKRX 75674322226657.1652.392.900.812.09
BangladeshDSE 2007122953561.2443.533.241.202.04
Hong KongHKEX 113166337282956.0044.643.681.642.04
CanadaTSX 100616341327863.0351.702.890.892.00
UKLSE 139078926473864.2653.022.840.871.98
RussiaMICEX 1628101548662.3547.882.991.051.93
DenmarkCOPENHAGEN 79350824664.0648.432.910.981.93
FrancePARIS 56513535186562.5652.762.640.781.86
ChinaSSE 132777705390658.0350.692.881.051.84
Saudi ArabiaTADAWUL 1705104050661.0048.652.800.971.83
USNYSE 2653817447949965.7554.442.610.881.73
MexicoBMV 1564100049963.9449.902.731.011.72
AustraliaASX 57333519170161.3848.343.291.571.72
TaiwanGTSM 51072815130655.1246.392.721.031.69
PortugalLISBON 2331506764.3844.672.711.031.67
JapanNAGOYA 2391427159.4150.002.500.831.67
ThailandSET 3760199586753.0643.462.821.151.67
MalaysiaBURSA 3719203089254.5843.943.101.491.61
OmanMSM 151693647.0250.702.651.061.59
GermanyXETRA 95706227335665.1653.822.270.731.54
MexicoBMV 85634274.1266.671.730.221.51
AustraliaASX 84604271.4370.001.570.071.50
QatarQE 35421610761.0249.542.330.831.50
BelgiumBRUSSELS 74546722762.6848.612.180.721.46
ItalyBORSA 76054927247064.8750.072.320.861.46
NetherlandsAMSTERDAM 1734114265365.8657.181.980.531.45
SwitzerlandSIX 31302144117168.5054.621.970.581.40
RussiaMICEX 128935072.6653.761.680.411.27
USOTCBB 194121.0525.
BrazilBOVESPA 77624280.5267.741.440.241.19
IndiaNSE 77533268.8360.381.210.151.06
UAEUAE 135885065.1956.821.220.191.02
Poland GPW 120814867.5059.
NorwayOSE 112865576.7963.951.120.190.93
JordanASE 2331184750.6439.832.811.880.92
SingaporeSGX 139276731855.1041.462.081.180.90
USPREFERRED 2085141168667.6748.621.300.450.86
UAEUAE 3442117561.3435.552.361.600.77
IndonesiaIDX 90684175.5660.290.990.240.75
Vietnam HOSE 137915166.4256.040.920.180.75
ChinaSSE 99683668.6952.940.940.210.74
South KoreaKOSDAQ 84664178.5762.120.880.180.70
ChileBCS 87643873.5659.380.920.230.69
MalaysiaBURSA 73513069.8658.820.920.270.65
KuwaitKSE 42026211262.3842.752.211.590.62
Hong KongHKEX 115824971.3059.760.770.200.57
ThailandSET 1391015072.6649.500.680.150.53
JapanTOKYO 80593673.7561.020.710.190.53
PhilippinesPSE 120803766.6746.250.680.180.50
CanadaTSX 100664166.0062.120.710.230.48
FOREXFOREX 1431156680.4257.390.750.300.45
DenmarkCOPENHAGEN 77603677.9260.000.600.170.43
SwitzerlandSIX 77592776.6245.760.560.150.41
Greece ATHENS 51322062.7562.500.590.190.41
IsraelTASE 127905070.8755.560.640.240.40
BangladeshDSE 78602976.9248.330.580.200.38
SingaporeSGX 87693179.3144.930.610.230.38
PakistanKSE 81563169.1455.360.680.300.38
SpainIBEX 50352270.0062.860.540.200.34
USFOREX 1701085163.5347.220.500.190.31
TaiwanGTSM 82612674.3942.620.660.340.31
SwedenSTOCKHOLM 119894174.7946.070.540.240.30
Austria WIENERBORSE 45301866.6760.000.430.200.23
NetherlandsAMSTERDAM 47331870.2154.550.390.210.18
ItalyBORSA 48331868.7554.550.390.210.18
GermanyXETRA 47331870.2154.550.390.210.18
FrancePARIS 48331868.7554.550.390.210.18
BelgiumBRUSSELS 47331870.2154.550.390.210.18
PortugalLISBON 49342069.3958.820.380.260.12
UKLSE 95684771.5869.121.131.65-0.51
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


Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.