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version 0.01: 12th May 2006 | What: added signals




From the Wikipedia: "Candlestick charts are said to be developed by a legendary Japanese rice trader named Munehisa Homma in the 17th century to have an easy overview of open, high, low and close market prices over a certain period. This charting style is very popular because of the level of ease in reading and understanding charts it provides. Since the 17th century, there has been a lot of effort to relate chart patterns to the likely future behavior of a market. This method to chart prices proved to be particularly interesting due to the fact that four datapoints could be displayed instead of one single datapoint, thus containing more information. Those Japanese rice traders also found that the charts resulting from those candlesticks would provide a fairly reliable tool to predict future demand, thus giving them the chance to take advantage of future price fluctuations."

Here a summary of the main signals as divided by equis.com:

  • Bullish
    bullish doji star bullish engulfing lines hammer long white line morning star piercing line
  • Bearish
    bearish engulfing lines dark cloud cover doji star evening star hanging man long black line shooting star
  • Neutral
    doji harami harami cross spinning tops
  • Reversal
    doji star dragon fly doji gravestone doji long legged doji star


  • Here a summary of the main signals as divided by candlestickforum.com:

  • Major Signals
    bearish engulfing pattern bearish harami bullish engulfing pattern bullish harami dark cloud cover doji evening star gravestone doji
    hammer and hanging man inverted hammer kicker long legged doji morning star piercing pattern shooting star
  • Secondary Signals
    advance block belt hold breakaway concealing baby swallow deliberation homing pigeon ladder bottom matching low
    meeting lines stick sandwich three black crows three identical crows three inside up three inside down three starts in the south three white soldiers tri star pattern
    two crows unique three river bottom upside gap two crows
  • Continuation Patterns
    downside tasuki gap falling three method in neck line mat hold on neck line rising three method separating lines side by side white candles
    three line strike thrusting upside gap three method upside tasuki gap
  • Single Candles
    black marubozu closing marubozu doji long days opening marubozu
    short days spinning top white marubozu