BullCharts : Evening Star Pattern http://www.bullcharts.com.au/forum/ This is an XML content feed of; BullCharts : BullScan : Evening Star Pattern Copyright (c) 2006-2009 Web Wiz Forums - All Rights Reserved. Tue, 07 Apr 2026 19:40:49 +0000 Thu, 03 Mar 2005 10:33:08 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 9.69 360 www.bullcharts.com.au/forum/RSS_post_feed.asp?TID=152 BullCharts http://www.bullcharts.com.au/forum/http://www.bullcharts.com.au/images/bull_logo.gif http://www.bullcharts.com.au/forum/ Evening Star Pattern : There doesn't seem to be... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=582#582 Author: Peter
Subject: 152
Posted: 03 Mar 2005 at 10:33am

There doesn't seem to be any firm rules about what makes a candle.Therefore candles patterns in BullCharts, and any charting program,should only be used as a guide to bring things to your attention forcloser manual inspection.

The main thing we plan to review is trend detection. At the moment thecandle patterns look for shapes between the candles, but they do notlook at overall trends. Some patterns are normally only applied incertain types of trends.

Many tools have a degree of subjectivity, or variants. This is one ofthe reasons we make formulas visible. That way you're free to examine,modify, or ignore the tools as you choose.
]]> Thu, 03 Mar 2005 10:33:08 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=582#582 Evening Star Pattern : So we should not use any/allcandle... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=580#580 Author: Cobra
Subject: 152
Posted: 02 Mar 2005 at 11:21pm

So we should not use any/all candle pattern scans in the mean time??]]> Wed, 02 Mar 2005 23:21:32 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=580#580 Evening Star Pattern : You can see the BullScript for... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=571#571 Author: Peter
Subject: 152
Posted: 02 Mar 2005 at 9:41am

You can see the BullScript for the built-in candle patterns by opening windows explorer and going to:
C:\Program Files\BullSystems\BullCharts\Functions
The .bss files can be opened in notepad.

We plan to review the candle pattern forumulas.
]]> Wed, 02 Mar 2005 09:41:55 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=571#571 Evening Star Pattern : I was wondering what are the criteria... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=566#566 Author: Cobra
Subject: 152
Posted: 01 Mar 2005 at 12:22pm

I was wondering what are the criteria for your candle patterns, asI  tried the Shooting Star scan and it seems to be different towhat I have read in text books eg -

My code is - 
<?xml version="1.0" encoding="utf-8"?>
<Scan schemaVersion="1.0" appName="BullScan" appVersion="2.4.0">
	<Information>
		<Name>Shooting Star</Name>
		<Category>My Scans</Category>
	</Information>
	<Criteria match="all">
		<Criterion importance="1">
			<Condition type="LessThan" />
			<Operands>
				<Price field="Close" />
				<Price field="Open" />
			</Operands>
		</Criterion>
		<Criterion importance="1">
			<Condition type="GreaterThan" />
			<Operands>
				<Price field="High" />
				<Price field="Open" />
			</Operands>
		</Criterion>
		<Criterion importance="1">
			<Condition type="Equal" />
			<Operands>
				<Price field="Close" />
				<Price field="Low" />
			</Operands>
		</Criterion>
		<Criterion importance="1">
			<Condition type="GreaterThan" />
			<Operands>
				<Price field="Low" />
				<Price field="Close">
					<Modifier barsAgo="1" />
				</Price>
			</Operands>
		</Criterion>
		<Criterion importance="1">
			<Condition type="LessThan" />
			<Operands>
				<Price field="Open">
					<Modifier barsAgo="1" />
				</Price>
				<Price field="Close">
					<Modifier barsAgo="1" />
				</Price>
			</Operands>
		</Criterion>
	</Criteria>
	<Data bars="auto" period="Daily">
		<SymbolGroups>
			<WatchList path="C:\Program Files\BullSystems\BullCharts\WatchLists\CFD.wl" />
		</SymbolGroups>
	</Data>
	<Results rows="all" />
</Scan>

]]> Tue, 01 Mar 2005 12:22:17 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=566#566 Evening Star Pattern : BullCharts doesn&#039;t have an... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=550#550 Author: Peter
Subject: 152
Posted: 28 Feb 2005 at 9:49am

BullCharts doesn't have an evening star at the moment, but one could bemade using BullScript. I'll look into adding it into a future version.]]> Mon, 28 Feb 2005 09:49:02 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=550#550 Evening Star Pattern : Is there an equivalent to the... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=543#543 Author: etrader
Subject: 152
Posted: 26 Feb 2005 at 8:35pm

Is there an equivalent to the Evening Star Pattern [Japanese term]that I am missing in the CandleStick Patterns within Bullcharts.

This is a reversal pattern at the top of a range or trend. I do see a Morning Star Pattern within Bullcharts which calculates thie opposite pattern at the bottom end.

cheers

]]> Sat, 26 Feb 2005 20:35:26 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=152&PID=543#543