How to Profit from the Bearish Harami Candlestick Pattern
Below is a simple AFL script to detect the Bearish Harami in Amibroker:
// Bearish Harami AFL Code for Amibroker
_SECTION_BEGIN(“Bearish Harami”);
FirstBullish = Ref(Close, -1) > Ref(Open, -1);
SecondBearish = Close
SmallCandle = (High – Low)
Contained = Open Ref(Open, -1);
BearishHarami = FirstBullish AND SecondBearish AND SmallCandle AND Contained;
PlotShapes(IIf(BearishHarami, shapeStar, shapeNone), colorRed, 0, High);
_SECTION_END();
This script finds Bearish Harami patterns and marks them with a red star.
