Morning Star / Evening Star — what it is and how to use it in trading
Definition
The Morning Star and Evening Star are three-candle reversal patterns. A Morning Star: a falling candle, then a small-bodied "pause" candle, then a rising candle closing deep inside the first candle's body — a shift from a downtrend to an uptrend. An Evening Star is the mirror image after a rally.
How it works in the builder
morning_star/evening_star are boolean operands with no parameters: the shape and relative position of the last three candles are checked. The signal is 1 on the bar of the third (confirming) candle.
What it looks like on the chart
On the chart the figure looks like a "V" (Morning Star) or an inverted "V" (Evening Star) made of three candles: a large trend candle, a small "pause" candle with a shifted body (often gapped), then a large candle in the opposite direction.
Typical use
Considered more reliable than single-bar patterns (Hammer, Shooting Star) since it requires confirmation from a third candle rather than just one candle's shape. Typical condition: morning_star == 1 at a key support level or in an RSI oversold zone.
Common pitfalls
Because it spans three candles, the signal arrives later than single-bar patterns — part of the move in the new direction has already happened by the time the third candle closes. On short timeframes the figure is also noticeably rarer than an engulfing or a hammer.
This block is available in the strategy builder
137 no-code blocks — build an entry condition with this term and test it on history
Historical results do not guarantee future ones. The service is an informational and analytical tool, not an individual investment recommendation; trades are not executed.