Morning Star Automating finding script — Indicator by HPotter

morning STAR

morning star

This is a bullish reversal pattern formed by three candlesticks. The first
is a down candlestick with a long real body, the second is a small real body
which gaps lower to form a star, the third is a up candlestick which closes
above the midpoint of the first candlestick.
Patternt is yellow

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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////////////////////////////////////////////////////////////
//  Copyright by HPotter v1.0 03/04/2014
//    This is a bullish reversal pattern formed by three candlesticks. The first 
//    is a down candlestick with a long real body, the second is a small real body 
//    which gaps lower to form a star, the third is a up  candlestick which closes 
//    above the midpoint of the first candlestick.
////////////////////////////////////////////////////////////

study(title = "Morning Star", overlay = true)
barcolor(close[2] < open[2] ? max(open[1], close[1]) < close[2] ? open > max(open[1], close[1]) ? close > open ? yellow :na : na : na : na, -1)