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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
JapanSAPPORO 136446.1566.6710.170.1710.00
TurkeyBIST 2585144585255.9058.968.331.097.24
Vietnam HNX 65134617453.1550.296.351.764.59
ArgentinaBUE 1736111062463.9456.226.061.484.58
IndonesiaIDX 2603132964251.0648.315.861.524.34
JapanFUKUOKA 72512570.8349.024.360.633.73
IndiaNSE 173229195486353.1252.854.861.183.68
ChileBCS 35018010451.4357.784.320.693.63
IndiaBSE 3075116799824354.6549.055.031.533.50
EgyptEGX 176290847151.5351.874.681.403.28
ArgentinaBUE 116915678.4561.543.470.253.22
Vietnam HOSE 2401123365751.3553.
South KoreaKOSDAQ 117026604344856.5252.134.321.253.07
SwedenSTOCKHOLM 57323513179861.2951.184.541.473.06
JordanASE 2421134946.6943.365.122.142.98
Poland GPW 2780163977658.9647.354.511.532.98
USNASDAQ 32096199831006362.2650.364.471.522.95
USOTC PINK 150499213403262.4142.935.762.852.91
RussiaMICEX 139589246463.9452.023.580.852.73
CanadaCSE 97652621353.8940.496.734.042.69
BangladeshDSE 2663155374158.3247.713.751.092.66
The World 44788626433813374059.4850.203.851.192.66
Greece ATHENS 62038420761.9453.913.661.092.58
ChinaSZSE 2439014118733457.8951.943.631.092.54
CanadaTSX-V 2612148660956.8940.985.653.142.51
IsraelTASE 55843108165255.6653.153.501.062.44
PakistanKSE 3335186687255.9546.733.951.542.41
NorwayOSE 2055124759761.1747.494.001.592.41
TaiwanTWSE 74504222220956.6752.323.190.832.36
BrazilBOVESPA 47312905143261.4049.293.391.182.22
TaiwanGTSM 59713320163155.8748.893.170.972.19
Saudi ArabiaTADAWUL 1939117963060.8053.442.990.832.16
Austria WIENERBORSE 93457031461.0355.093.331.182.15
ChinaSSE 2037911911611158.4551.313.051.002.05
MalaysiaBURSA 40252269100556.3744.293.601.582.03
ThailandSET 50732719118453.6043.553.101.141.96
South KoreaKRX 103595896308556.9252.322.810.891.93
JapanTOKYO 35265214881101460.9351.262.881.031.86
Hong KongHKEX 125666983303055.6043.373.681.831.85
UKLSE 1881811453573660.8650.082.911.071.84
UAEUAE 40323810059.0642.023.171.341.83
FrancePARIS 67664082206160.3350.492.710.941.77
MexicoBMV 2321140969860.7149.543.111.351.76
TurkeyBIST 134845462.6964.291.860.151.70
CanadaTSX 128227655382959.7050.022.670.981.69
PhilippinesPSE 118871028059.7639.443.221.541.68
SpainIBEX 119372937261.1151.032.651.011.64
USNYSE 36758228291203162.1152.702.540.931.62
USAMEX 58403701176363.3747.642.761.161.60
OmanMSM 151693647.0250.702.651.061.59
DenmarkCOPENHAGEN 104166230263.5945.623.061.491.57
AustraliaASX 85015034234359.2246.543.171.761.41
BelgiumBRUSSELS 79745822657.4749.342.330.921.40
PortugalLISBON 1951306166.6746.922.351.011.34
ItalyBORSA 104166396317261.4549.552.150.841.31
USOTCBB 194121.0525.
PakistanKSE 117825070.0960.981.500.291.21
QatarQE 43226311960.8845.252.040.861.18
GermanyXETRA 152999387465961.4049.602.010.851.16
NetherlandsAMSTERDAM 2506160785364.1353.081.920.771.15
RussiaMICEX 1601166172.5052.591.580.441.14
BrazilBOVESPA 1301067281.5467.921.390.251.13
SwitzerlandSIX 44862789141762.1750.811.950.841.11
JapanTOKYO 119875573.1163.
AustraliaASX 142976268.3163.921.250.191.06
ChileBCS 121855570.2564.711.260.201.06
MexicoBMV 1581186674.6855.931.220.211.01
KuwaitKSE 59135414759.9041.532.471.500.97
SingaporeSGX 148979032453.0641.
FOREXFOREX 1951589681.0360.761.160.250.91
IndiaNSE 109744267.8956.761.070.160.91
Greece ATHENS 76492864.4757.
Poland GPW 1951377170.2651.821.020.210.81
UAEUAE 1871287068.4554.691.010.230.78
IndonesiaIDX 1331015875.9457.431.000.260.74
BangladeshDSE 1261075084.9246.730.880.160.72
SwedenSTOCKHOLM 1991568478.3953.850.880.210.68
Vietnam HOSE 1901327369.4755.300.840.180.66
NorwayOSE 26018611171.5459.680.880.230.65
PortugalLISBON 73522971.2355.770.880.290.60
DenmarkCOPENHAGEN 116915178.4556.040.750.150.59
South KoreaKOSDAQ 120925276.6756.520.800.220.59
ThailandSET 1861296769.3551.940.740.170.57
SpainIBEX 76523168.4259.620.770.230.54
CanadaTSX 1681086564.2960.190.760.220.54
SwitzerlandSIX 116893976.7243.820.750.240.52
ChinaSSE 144964966.6751.040.730.220.51
Austria WIENERBORSE 70462665.7156.520.740.240.50
PhilippinesPSE 1591085367.9249.070.660.190.47
ItalyBORSA 75512868.0054.900.670.240.43
FrancePARIS 75512868.0054.900.670.240.43
GermanyXETRA 74512868.9254.900.670.240.43
IsraelTASE 1711246672.5153.230.650.220.43
JapanNAGOYA 2411517362.6648.341.551.120.43
MalaysiaBURSA 113834573.4554.220.690.270.42
SingaporeSGX 1451034771.0345.630.610.220.39
BelgiumBRUSSELS 75532770.6750.940.530.260.26
NetherlandsAMSTERDAM 75532770.6750.940.530.260.26
TaiwanGTSM 1331033777.4435.920.530.310.22
USFOREX 2341586767.5242.410.470.250.22
USWARRANTS 6202152.580.310.030.020.01
USPREFERRED 23827262.300.
UKLSE 1611087367.0867.590.941.09-0.15
Hong KongHKEX 1711186569.0155.080.761.04-0.28
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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