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 1/1/2015
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
USOTC PINK 72084686229865.0149.048.672.236.43
JapanFUKUOKA 2213959.0969.236.150.156.00
ChinaSSE 63064058260264.3564.126.040.795.24
ChinaSZSE 86385319340761.5864.055.580.954.63
IndiaNSE 83274979308459.7961.945.440.834.61
IndiaBSE 142778256479757.8358.105.701.124.58
PakistanKSE 1933113267258.5659.365.290.924.36
South KoreaKOSDAQ 48552946180060.6861.104.850.774.08
ArgentinaBUE 2701659861.1159.394.780.883.90
TurkeyBIST 101760933259.8854.524.700.803.90
Greece ATHENS 2061197157.7759.664.721.133.60
NorwayOSE 66342524364.1057.184.841.303.54
USNASDAQ 135618741529964.5260.564.400.893.51
EgyptEGX 135074238654.9652.024.621.173.44
RussiaMICEX 81952729964.3556.744.220.883.34
BrazilBOVESPA 103965939863.5260.304.000.773.23
Poland GPW 153888151757.2858.684.110.893.22
USAMEX 2020131272065.0054.844.100.893.21
CanadaCSE 99622462.6338.716.663.533.13
PhilippinesPSE 63638620260.6952.334.090.963.12
Hong KongHKEX 66263812191257.5350.164.341.362.98
IsraelTASE 170898860257.8560.933.780.822.96
The World 1977681228917056262.1657.403.820.882.94
Vietnam HOSE 102556430155.0253.373.851.082.77
ChileBCS 23181178.2661.113.000.332.67
South KoreaKRX 46072730159759.2858.483.240.652.60
JapanTOKYO 1712110501620961.3559.123.330.752.58
Austria WIENERBORSE 1781197466.8562.182.930.442.50
BangladeshDSE 122577838863.5149.873.370.942.43
ThailandSET 1942111351757.3146.453.350.952.40
IndonesiaIDX 82143722453.2351.263.491.112.39
USWARRANTS 72442161.1147.734.271.892.39
ArgentinaBUE 57452778.9560.002.530.242.29
SpainIBEX 67842925363.2758.973.050.772.28
BelgiumBRUSSELS 52834720365.7258.502.760.542.22
JapanNAGOYA 146935663.7060.222.720.552.17
MexicoBMV 46362678.2672.222.250.112.14
SwedenSTOCKHOLM 2340145078962.1854.233.161.022.14
RussiaMICEX 63412165.0851.222.540.442.10
UKLSE 88845514310762.1156.312.820.722.10
OmanMSM 90402144.4452.503.031.002.03
UAEUAE 2431437058.8548.953.061.062.01
QatarQE 2001236461.5052.032.590.601.99
TaiwanTWSE 36362052110656.4453.902.620.641.99
CanadaTSX-V 88655621662.7538.854.692.711.99
CanadaTSX 63443987222862.9355.812.670.761.91
TaiwanGTSM 2859160483656.1052.122.780.881.90
USNYSE 1843912191713966.1258.552.540.671.88
FrancePARIS 37602339135162.2157.762.470.611.86
MexicoBMV 84656031466.1956.072.520.691.83
DenmarkCOPENHAGEN 51832918563.5156.232.450.641.80
GermanyXETRA 56153749220366.7758.762.370.631.74
Saudi ArabiaTADAWUL 107960232955.7954.652.480.761.72
AustraliaASX 2905178293461.3452.412.921.201.72
ItalyBORSA 46012953160164.1854.222.450.741.70
AustraliaASX 51332564.7175.761.790.091.70
PortugalLISBON 1781135763.4850.442.510.991.52
NetherlandsAMSTERDAM 108072441867.0457.731.810.441.37
IndiaNSE 51321862.7556.251.380.131.25
USOTCBB 194121.0525.008.257.001.25
SwitzerlandSIX 1953129972266.8755.281.690.501.20
UAEUAE 65382058.4652.631.340.211.13
Vietnam HNX 4682259348.0841.333.462.331.13
KuwaitKSE 2881686458.3338.103.011.891.13
TurkeyBIST 66402660.6165.001.250.131.13
MalaysiaBURSA 1866107747857.7244.382.451.331.12
Vietnam HOSE 71483167.6164.581.210.171.04
UKLSE 55352663.6474.291.200.171.03
BrazilBOVESPA 46322269.5768.751.160.190.97
South KoreaKOSDAQ 46382782.6171.051.080.160.92
IndonesiaIDX 56463082.1465.221.090.170.91
PhilippinesPSE 68432663.2460.471.050.190.86
MalaysiaBURSA 47332170.2163.641.090.240.85
JordanASE 2081053950.4837.142.511.680.84
Hong KongHKEX 61432770.4962.790.950.160.79
TaiwanGTSM 37271672.9759.261.000.260.74
Poland GPW 76543371.0561.110.870.170.70
NorwayOSE 57412771.9365.850.850.170.68
JapanTOKYO 41332080.4960.610.820.150.67
BangladeshDSE 32281687.5057.140.860.210.64
ChinaSSE 49302061.2266.670.800.170.63
SingaporeSGX 58462479.3152.170.850.220.63
FOREXFOREX 85603970.5965.000.770.150.62
CanadaTSX 55362465.4566.670.890.280.61
PakistanKSE 41301773.1756.670.770.200.57
USFOREX 87553163.2256.360.710.150.56
SingaporeSGX 111060624654.5940.591.831.290.55
ThailandSET 74532371.6243.400.680.150.53
USPREFERRED 132390445568.3350.330.800.360.44
ChileBCS 62492879.0357.140.630.240.39
SwedenSTOCKHOLM 65502576.9250.000.620.240.38
SwitzerlandSIX 3222968.7540.910.550.180.36
DenmarkCOPENHAGEN 46331871.7454.550.480.180.30
IsraelTASE 63442569.8456.820.570.320.25
SpainIBEX 31191261.2963.160.420.260.16
Austria WIENERBORSE 28161057.1462.500.380.250.13
Greece ATHENS 29171158.6264.710.350.240.12
NetherlandsAMSTERDAM 29181062.0755.560.330.280.06
ItalyBORSA 30181060.0055.560.330.280.06
BelgiumBRUSSELS 29181062.0755.560.330.280.06
GermanyXETRA 29181062.0755.560.330.280.06
FrancePARIS 30181060.0055.560.330.280.06
PortugalLISBON 29181162.0761.110.330.330.00
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

Disclaimers:

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.

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