Reliable candlestick patterns for TA-Lib pattern recognition acts as a bullish reversal

(Last Updated On: June 22, 2018)

Highly reliable candlestick patterns for TA-Lib pattern recognition functions. You can work with these with Python.

Some of these acts as a bullish reversal. I have a compiled most TA-Lib pattern recognition with potential. Some are very accurate so I may test them in the easy programming demo I showcased in my last posting. Let me work with the ones that work instead of coding the Adam and Eve pattern. 

This is from

TA-LIB FUNCTIONS compiled reviewing

CDL2CROWS←-medium reliable

CDL3BLACKCROWS← pattern acts as a bearish reversal of the upward price trend and the overall performance is outstanding.

CDL3STARSINSOUTH<-Bullish reversal 86% of the time but rare

CDL3INSIDE←- rare bug highly reliable

CDL3OUTSIDE← rare but decent performance

CDL3OUTSIDE← frequent bullish reversal but very works well

CDL3WHITESOLDIERS← It acts as a bullish reversal 82% of the time,

CDLADVANCEBLOCK “near random” range of 51% to 59%


CDLBELTHOLD ← It acts as a bullish reversal often

CDLBREAKAWAY L← bearish reversal 63% of the time

CLOSINGMARUBOZU  ← (candlestick acts as a continuation pattern 55% of the time not so reliable)


CDLDARKCLOUDCOVER-let it form after break, it is useful


CDLDOJISTAR← maybe reliable if Doji Evening Star


DRAGONFLYDOJI ← can be ignored


CDLENGULFING ←sort of common



CDLEVENINGSTAR -highly reliable as market reversal

CDLGAPSIDESIDEWHITE -medium performance but maybe not effective

CDLGRAVESTONEDOJI ←nothing special

CDLHAMMER ←-highly respected

CDLHANGINGMAN←not so strong

CDLHARAMI← works half the time

CDLHARAMICROSS ← good potential

CDLHIKKAKE ← mid list performance

CDLHOMINGPIGEON← bearish continuation 56% of the time but realiable


CDLINNECK← bearish continue but works half time but highly listed

CDLINVERTEDHAMMER← very reliable for bear continuation

CDLKICKINGBYLENGTH← works half the time

CDLLADDERBOTTOM← works half the time

CDLLONGLEGGEDDOJI← not that reliable

CDLLONGLINE← more reliable

CDLMARUBOZU← slightly >medium reliability

CDLMATCHINGLOW←  bearish continuation 61% very high

CDLMORNINGDOJISTAR  ← decent performance and scores high


CDLMORNINGSTAR← not frequent but highly reliable

CDLONNECK← 56% reliable but higher priority

CDLPIERCING ← higher priority but not as frequent

CDLRICKSHAWMAN← medium reliability but higher priority

CDLRISEFALL3METHODS← very highly reliable bearish continuation but rare

CDLSEPARATINGLINES ← very reliable for bullish continuation

CDLSHOOTINGSTAR← 59% reliability

CDLSPINNINGTOP ← most frequence

CDLSTICKSANDWICH← bearish continuation 62% of the time

CDLTAKURI← it works  bullish reversal and it does, 66% of the time

CDLTASUKIGAP← not reliable

CDLTHRUSTINGworks best in a bear market, but suffers in a bull market.

CDLUNIQUE3RIVER ← works 60% of the time

CDLXSIDEGAP3METHODS← bullish reversal 62% of the time
















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Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at