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 1/1/2016
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
JapanFUKUOKA 36241166.6745.835.380.464.92
TurkeyBIST 119369337058.0953.395.731.014.73
ArgentinaBUE 43024913058.6051.594.861.503.36
PakistanKSE 2201124261256.4349.284.351.402.95
IndiaNSE 108606036306555.6550.714.081.192.89
South KoreaKOSDAQ 56123274175258.4153.453.951.102.86
Poland GPW 152685443756.1650.993.861.082.79
ArgentinaBUE 73553175.3456.363.090.312.78
IndiaBSE 174319834464556.4347.224.281.582.70
IndonesiaIDX 85348225156.5152.073.761.072.70
USOTC PINK 91736003259165.8942.875.673.022.65
NorwayOSE 74346623362.7250.004.031.392.64
EgyptEGX 137777637356.3548.073.921.302.62
USNASDAQ 151519894528865.4953.293.821.202.62
IsraelTASE 2179118361854.2952.243.400.952.44
Vietnam HOSE 116063131854.4050.403.591.182.42
Greece ATHENS 2591648263.3250.003.681.342.34
TurkeyBIST 85483456.4770.832.310.102.21
BangladeshDSE 136586438763.3044.793.221.122.10
SpainIBEX 75349827666.1455.422.980.912.07
SwedenSTOCKHOLM 2981185392862.1650.083.391.342.05
BrazilBOVESPA 130281240662.7549.693.081.072.02
JapanTOKYO 2007412211642760.8352.632.990.991.99
PhilippinesPSE 67942719462.8945.433.111.161.95
The World 2271931403747083861.8550.413.051.141.91
USAMEX 2257143069263.3648.393.071.211.87
RussiaMICEX 82563168.2955.362.180.391.79
Hong KongHKEX 75814275189656.5644.223.341.581.76
ChinaSZSE 106716503320160.9449.222.931.221.71
TaiwanTWSE 40592319114057.1349.162.450.781.67
South KoreaKRX 55333225164658.3850.962.470.811.66
MexicoBMV 69523575.3667.311.810.171.63
UKLSE 95466146323964.4552.652.450.851.60
AustraliaASX 69473568.1274.471.640.061.57
PortugalLISBON 1681034161.3139.812.631.061.57
USNYSE 1994613292710766.7153.422.330.841.49
ThailandSET 2256120553253.4144.152.531.061.47
FrancePARIS 39682491130262.7852.272.190.731.46
JapanNAGOYA 1731085262.4348.152.330.881.45
OmanMSM 81371845.6848.652.461.031.43
QatarQE 2291406561.1446.432.190.791.39
ChinaSSE 76244816233963.1748.572.501.121.38
DenmarkCOPENHAGEN 51234215766.8045.912.280.911.37
CanadaTSX 68154356215263.9249.402.230.891.34
RussiaMICEX 101363230062.5947.322.471.121.34
BelgiumBRUSSELS 50332215364.0247.522.020.711.32
Saudi ArabiaTADAWUL 116969631759.5445.552.200.901.29
AustraliaASX 34612145102061.9847.552.771.491.28
ChileBCS 26191073.0852.631.950.681.26
USOTCBB 194121.0525.008.257.001.25
CanadaCSE 2751746964.7338.765.464.221.24
GermanyXETRA 60604010214966.2253.551.980.741.23
TaiwanGTSM 3286181683555.2645.982.291.061.23
Vietnam HNX 4632319749.8941.993.011.811.20
JordanASE 191923648.1739.133.212.011.20
ItalyBORSA 51663394162865.7047.972.150.971.18
Austria WIENERBORSE 2561568060.9451.282.010.871.14
NorwayOSE 84634475.0069.841.190.161.03
UKLSE 71473566.2074.471.170.151.02
MalaysiaBURSA 2287126251855.1841.052.431.421.01
MexicoBMV 102364730463.2546.992.071.061.01
IndiaNSE 65432666.1560.471.140.141.00
NetherlandsAMSTERDAM 115777343166.8155.761.510.530.97
UAEUAE 98593260.2054.241.140.170.97
SwitzerlandSIX 2127146979269.0653.911.550.590.96
Vietnam HOSE 103694266.9960.871.010.140.87
BrazilBOVESPA 63473274.6068.091.060.210.85
KuwaitKSE 2641787967.4244.382.431.640.79
Poland GPW 89623869.6661.290.940.160.77
IndonesiaIDX 71573580.2861.400.960.230.74
MalaysiaBURSA 57402570.1862.500.950.230.73
South KoreaKOSDAQ 62493379.0367.350.860.160.69
CanadaTSX-V 117071826461.3736.774.123.440.68
ChinaSSE 73483065.7562.500.790.150.65
TaiwanGTSM 54392072.2251.280.850.210.64
Hong KongHKEX 85603570.5958.330.800.180.62
PhilippinesPSE 99673267.6847.760.760.180.58
SwitzerlandSIX 55382169.0955.260.680.110.58
CanadaTSX 78503164.1062.000.780.240.54
JapanTOKYO 64513179.6960.780.690.180.51
ChileBCS 72553276.3958.180.730.240.49
IsraelTASE 84623773.8159.680.730.240.48
DenmarkCOPENHAGEN 66502975.7658.000.620.140.48
UAEUAE 2221325259.4639.391.851.370.48
SwedenSTOCKHOLM 84673579.7652.240.670.210.46
SingaporeSGX 96654121256.0039.191.621.160.46
PakistanKSE 59432572.8858.140.720.280.44
ThailandSET 115833772.1744.580.590.160.43
BangladeshDSE 43371886.0548.650.650.220.43
SingaporeSGX 77612979.2247.540.670.260.41
Greece ATHENS 37211256.7657.140.570.190.38
USFOREX 126774061.1151.950.550.170.38
USPREFERRED 1496105446570.4544.120.810.440.37
FOREXFOREX 108814975.0060.490.620.260.36
SpainIBEX 36231363.8956.520.480.220.26
Austria WIENERBORSE 32191059.3852.630.320.210.11
ItalyBORSA 34211061.7647.620.290.240.05
NetherlandsAMSTERDAM 33211063.6447.620.290.240.05
GermanyXETRA 33211063.6447.620.290.240.05
FrancePARIS 34211061.7647.620.290.240.05
BelgiumBRUSSELS 33211063.6447.620.290.240.05
PortugalLISBON 35221262.8654.550.270.270.00
USWARRANTS 2916555.1731.251.062.19-1.13
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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