CDLMORNINGSTAR

Summary

A three-candle bottom-reversal pattern: a long black candle, a small-bodied star gapping down, then a white candle closing well up into the first candle's body. Bullish reversal signal. A hit signals a bullish reversal (most meaningful after a downtrend, which the code does not check).

Notes

The gap-down is measured between the candles' real bodies, not between their high/low ranges.
A prior downtrend is not verified.

Inputs

inPriceOHLC — Open, High, Low, Close price series

Outputs

outInteger — +100 when the morning star is detected, 0 otherwise. Never negative (pattern is exclusively bullish)

Parameters

optInPenetration — Fraction of the 1^st candle's body the 3^rd close must exceed above the 1^st close; larger = deeper penetration required (default 0.3)

Implementation

TA-Lib Definition: cdlmorningstar.c · cdlmorningstar.yaml

Native	File
C	`ta_CDLMORNINGSTAR.c`
Rust	`cdlmorningstar.rs`
Java	`Core.java`

TA-Lib is also available for Python, R and more using a wrapper.

Aliases

Morning Star