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Morning Star

Morning Star is a bullish reversal pattern formed by three candles, signaling potential upward movement.

Method

tm.ta.cdlmorningstar(source_open, source_high, source_low, source_close, penetration)

Inputs

ParameterArgument typeDescriptionDefault Value
source_openpd.SeriesOpen prices series-
source_highpd.SeriesHigh prices series-
source_lowpd.SeriesLow prices series-
source_closepd.SeriesClose prices series-
penetrationfloatPenetration factor for the indicator0

Outputs

OutputType
cdlmorningstarnp.ndarray

Example usage

strategy.py
import tradomate as tm
@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):
# Trying out Morning Star
cdlmorningstar = tm.ta.cdlmorningstar(data.open, data.high, data.low, data.close, penetration=0)
# Get the last value and print
last_value = cdlmorningstar.iloc[-1]
tm.log(f"Last value of Morning Star is {last_value}")
# Plot the values of cdlmorningstar
tm.plot(cdlmorningstar, title="Morning Star", overlay=False)