Candlestick formation · Bullish
What is it, in one line
A rounded bottom of small candles that ends with a gap up.
Bullish · 5 candles · verdict: rule and thresholds below
A rounded bottom of small candles that ends with a gap up. The engine checks the formation as an executable condition over open, high, low and close, with a trend filter applied before the count is kept.
Method
The mirror of the dumpling top. Five small-bodied candles whose lows fall and then rise, tracing a bowl, with the final candle white and opening a window above the one before it. The window is the confirmation the formation requires.
The traditional claim
Read as a bottom, with the gap up treated as the moment the accumulation ends and the advance starts.
How this detection is wrong
The rising window is mandatory, for the same reason the dumpling top demands its falling one.
Published so the count can be reproduced. Every figure below is a parameter of the rule, not a preference: change one and the occurrence count changes with it.
| Parameter | Meaning | Default |
|---|---|---|
| trendPeriod | bars of prior trend inspected | 5 |
| atrPeriod | bars of ATR used to size everything below | 14 |
| maxSmallAtr | the small bar, at most, in ATR | 0.5 |
| minGapAtr | gap between bars, at least, in ATR | 0.1 |
| maxPriorSlope | prior slope must be below | 0 |
These share enough geometry that a detector can return more than one of them on the same bar. The engine reports every match rather than picking a winner.
What is a Fry Pan Bottom candlestick pattern?
The mirror of the dumpling top. Five small-bodied candles whose lows fall and then rise, tracing a bowl, with the final candle white and opening a window above the one before it. The window is the confirmation the formation requires. The detector also requires a prior downtrend, so the same shape in the wrong context is not counted.
Is the Fry Pan Bottom bullish or bearish?
It is read as bullish. Read as a bottom, with the gap up treated as the moment the accumulation ends and the advance starts.
When is a Fry Pan Bottom not a Fry Pan Bottom?
The rising window is mandatory, for the same reason the dumpling top demands its falling one.
How is a Fry Pan Bottom detected?
As an executable rule over open, high, low and close, with 5 named parameters — including bars of prior trend inspected 5, bars of ATR used to size everything below 14, the small bar, at most, in ATR 0.5 — all published on this page so the count can be reproduced. Strict and loose variants are defined as well, so the sensitivity of the count to those thresholds is visible rather than assumed.
Measurement pending re-run
No hit rate is published here yet. The run that would supply one was computed on engine ca6d9e36c81c; the engine is now cfb08765de7c. Its candlestick rows included the still-forming bar, and it predates the chart formations entirely, so those figures have been withdrawn rather than published with a caveat. The definition above is unaffected: it is what the detector tests, and no re-run changes it.