About Scanner: Bullish Kicker Candlestick Scanner

What is Bullish Kicker Candlestick ?

A long red candle then longer green candle that opens above the previous day’s closing price.

Key Points for a Bullish Kicker:

• Two Candlestick Pattern
• First Candle Is Bearish, Close Lower Than Opens
• Second Candle Bullish, Gap up & Close higher than first Candle Close
• Small or Lower wick

Bullish Kicker Trading Strategies:

• wait for the next 1-2 candles to continue the new trend direction
• Using other indicators like volume
• Enter long positions on confirmation of Bullish Kickers.

Warning

A bullish kicker formed during an uptrend can be insignificant and even a false signal.

Target

Short term - Target previous trend support/resistance levels.
Long term - Look at other aspects like volume spurt, recent support / Resistance levels and other technicals.

Stop Loss

Set stop losses below Bullish Kickers

TSR Bullish Kicker Scanner

• Set Alert as it happens
• Combine Bullish Kicker pattern with other Technicals/patterns with Fine Tune Filter Option
• Filter on Stock basket or your watchlist
• Back test to gain confidence on the Pattern.
• Filter on small ticks like 5 mins to Monthly tick
• Auto refresh

Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option

Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.

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