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Shooting Star Pattern More info on web site https://stocksharp.com/store/

Published
Jul 11, 2025
1y ago
Total Downloads
1.8K
1,816

Install

dotnet add package StockSharp.Strategies.0060_Shooting_Star --version 5.0.0

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README

Shooting Star Pattern

The shooting star candlestick often appears after an advance and warns of a reversal. This strategy looks for a long upper shadow relative to the body with little lower shadow.

If confirmation is required, the next candle must close lower before entering short. Otherwise the trade can be taken immediately. Stops are placed above the pattern high.

Details

  • Entry Criteria: Shooting star detected and confirmation if enabled.
  • Long/Short: Short only.
  • Exit Criteria: Stop-loss or discretionary exit.
  • Stops: Yes.
  • Default Values:
    • ShadowToBodyRatio = 2.0m
    • CandleType = TimeSpan.FromMinutes(15)
    • StopLossPercent = 1.0m
    • ConfirmationRequired = true
  • Filters:
    • Category: Pattern
    • Direction: Short
    • Indicators: Candlestick
    • Stops: Yes
    • Complexity: Intermediate
    • Timeframe: Intraday
    • Seasonality: No
    • Neural Networks: No
    • Divergence: No
    • Risk Level: Medium

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No SPDX license expression is published. Review the license text and your organisation's policy before redistribution.No target framework metadata is available. Confirm compatibility in a representative project before standardising on this package.

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