Tag Archives: bullish reversal

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

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 https://mrjbq7.github.io/ta-lib/func_groups/pattern_recognition.html

TA-LIB FUNCTIONS compiled reviewing

CDL2CROWS←-medium reliable

http://thepatternsite.com/TwoCrows.html

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

http://thepatternsite.com/ThreeBlackCrows.html

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

http://thepatternsite.com/ThreeStarsSouth.html

CDL3INSIDE←- rare bug highly reliable 
http://thepatternsite.com/ThreeLineStrikeBull.html

CDL3OUTSIDE← rare but decent performance

http://thepatternsite.com/ThreeOutsideUp.html

CDL3OUTSIDE← frequent bullish reversal but very works well

http://thepatternsite.com/ThreeOutsideUp.html

http://thepatternsite.com/ThreeLineStrikeBull.html

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

http://thepatternsite.com/ThreeWhiteSoldiers.html

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

http://thepatternsite.com/AdvanceBlock.html

CDLADVANCEBLOCK

http://thepatternsite.com/AbandonBabyBull.html

CDLBELTHOLD ← It acts as a bullish reversal often

http://thepatternsite.com/BeltHoldBull.html

CDLBREAKAWAY L← bearish reversal 63% of the time

http://thepatternsite.com/BearBreakaway.html

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

http://thepatternsite.com/ClosingWhiteMarubozu.html

CDLCONCEALBABYSWALL rare

http://thepatternsite.com/ConcealBaby.html

CDLDARKCLOUDCOVER-let it form after break, it is useful

http://thepatternsite.com/DarkCloudCover.html

 

CDLDOJISTAR← maybe reliable if Doji Evening Star

http://thepatternsite.com/EveningDojiStar.html

 

DRAGONFLYDOJI ← can be ignored

http://thepatternsite.com/Dragonfly.html

 

CDLENGULFING ←sort of common

http://thepatternsite.com/BullEngulfing.html

 

CDLEVENINGDOJISTAR -respectable

http://thepatternsite.com/EveningDojiStar.html

CDLEVENINGSTAR -highly reliable as market reversal

http://thepatternsite.com/EveningStar.html

CDLGAPSIDESIDEWHITE -medium performance but maybe not effective

http://thepatternsite.com/SidebySideWhiteLinesBull.html

CDLGRAVESTONEDOJI ←nothing special

http://www.thepatternsite.com/Gravestone.html

CDLHAMMER ←-highly respected

http://thepatternsite.com/Hammer.html

CDLHANGINGMAN←not so strong

http://thepatternsite.com/HangingMan.html

CDLHARAMI← works half the time

http://thepatternsite.com/HaramiBull.html

CDLHARAMICROSS ← good potential

http://thepatternsite.com/HaramiCrossBull.html

CDLHIKKAKE ← mid list performance

http://thepatternsite.com/HighWave.html

CDLHOMINGPIGEON← bearish continuation 56% of the time but realiable

http://thepatternsite.com/HomingPigeon.html

IDLIDENTICAL3CROWS← not reliable

http://thepatternsite.com/Identical3Crows.html

CDLINNECK← bearish continue but works half time but highly listed

http://thepatternsite.com/InNeck.html

CDLINVERTEDHAMMER← very reliable for bear continuation

http://thepatternsite.com/HammerInv.html

CDLKICKINGBYLENGTH← works half the time

http://thepatternsite.com/KickingBull.html

CDLLADDERBOTTOM← works half the time

http://thepatternsite.com/LadderBottom.html

CDLLONGLEGGEDDOJI← not that reliable

http://thepatternsite.com/LongLegDoji.html

CDLLONGLINE← more reliable

http://thepatternsite.com/AboveStomach.html

CDLMARUBOZU← slightly >medium reliability

http://thepatternsite.com/WhiteMarubozu.html

CDLMATCHINGLOW←  bearish continuation 61% very high

http://thepatternsite.com/MatchingLow.html

CDLMORNINGDOJISTAR  ← decent performance and scores high

http://thepatternsite.com/MorningDojiStar.html

CDLMORNINGSTAR

CDLMORNINGSTAR← not frequent but highly reliable

http://thepatternsite.com/MorningStar.html

CDLONNECK← 56% reliable but higher priority

http://thepatternsite.com/OnNeck.html

CDLPIERCING ← higher priority but not as frequent

http://thepatternsite.com/Piercing.html

CDLRICKSHAWMAN← medium reliability but higher priority

http://thepatternsite.com/RickshawMan.html

CDLRISEFALL3METHODS← very highly reliable bearish continuation but rare

http://thepatternsite.com/Falling3Methods.html

CDLSEPARATINGLINES ← very reliable for bullish continuation

http://thepatternsite.com/SeparateLinesBull.html

CDLSHOOTINGSTAR← 59% reliability

http://www.thepatternsite.com/ShootingStar.html

CDLSPINNINGTOP ← most frequence

http://thepatternsite.com/SpinTopBlack.html

CDLSTICKSANDWICH← bearish continuation 62% of the time

http://thepatternsite.com/StickSandwich.html

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

http://thepatternsite.com/TakuriLine.html

CDLTASUKIGAP← not reliable

http://thepatternsite.com/UpsideTasukiGap.html

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

http://thepatternsite.com/Thrusting.html

CDLUNIQUE3RIVER ← works 60% of the time

http://thepatternsite.com/Unique3RiverBottom.html

CDLXSIDEGAP3METHODS← bullish reversal 62% of the time

http://thepatternsite.com/DownGap3Methods.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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