TC2000 Evening Star Candlestick Scan

$39.00

The TC2000 evening star candlestick scan is a powerful reversal pattern that captures the shift in supply demand dynamics from buyers over to sellers.

Description

The TC2000 evening star candlestick scan will return to you stocks that capture the essence of this classic candlestick reversal pattern definition.

How this screener works

There are lots of ways to implement the evening star candlestick pattern, so let’s be clear about what The Trade Risk’s looks for:

  • 3-bar bearish reversal pattern.
  • The first candle is a green bar with above average range.
  • The second candle gaps higher, and could be red or green but has a small relative range signaling indecision.
  • The third candle gaps lower, is a red bar with above average range, and closes below the prior bar.

TC2000 Evening Star Candletick Scan - Image of HES Example

Scan features

  • Purchase includes exact PCF code and setup instructions
  • Purchase includes additional scan criteria to consider:
    • Average daily volume filter
    • Complimentary overbought filter
  • Can be used on all versions of TC2000
  • Can be used on any time-frame
  • Can be combined with other criteria to improve accuracy

Add to cart

Please note: all sales are final. This is an instant digital download and you will receive the source code immediately upon purchase. We encourage you to contact us prior to check out if you have any questions about this scan or if you would like to see the latest stock results. Thank you for your understanding!

Bundle offer

Get a discount when you purchase this Evening Star Candlestick Pattern Scan and its bullish version equivalent in the Morning Evening Star Scans Bundle package.

Additional information

Product Type

Bearish

Platform

Worden TC2000

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