| Name: |
Morning Star Real Time |
| Description: |
The Morning Star is a reversal pattern at the bottom. Its name stems from the similarity with the morning star (Mercury) that the sunrise, as the pattern signals a possible price increase.
The Evening Star pattern consists of a candlestick with a long black body, followed with a time lag by a small-bodied candlestick (these two candlesticks form the simplest "star" pattern).
On the third day, a white candlestick appears whose body covers a considerable part of the first day's black body. This pattern signals a bullish market.
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| Syntax: |
c\4\>c\3\ and o\4\>o\3\ and c\3\>c\2\
and o\3\>o\2\ and o\1\<c\2\ and c\1\< c\2\ and 3*Abs(o\1\-c\1\)<(o\2\-c\2\)
and c>o and o>Max(o\1\,c\1\)+0.5*Abs(o\1\-c\1\)and c\1\<>o\1\
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Download to import into Tradecision. 
How to use this custom study in Tradecision:
- Click Download.
- Save this study in a safe location on your hard drive.
- Open Tradecision and in the Tools menu click the Study Builder.
- In the Study Builder dialog, click Import, locate the saved file and then click OK.
Now you can insert the study directly into a price chart or modify it like any other study.
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