Bearish Kicker Candlestick Pattern: A Powerful Reversal Signal for Traders
Below is a simple AFL script to detect the Bearish Kicker pattern in Amibroker:
// Bearish Kicker AFL Code for Amibroker
_SECTION_BEGIN(“Bearish Kicker”);
FirstBullish = Ref(Close, -1) > Ref(Open, -1);
GapDown = Open
StrongBearish = Close
BearishKicker = FirstBullish AND GapDown AND StrongBearish;
PlotShapes(IIf(BearishKicker, shapeDownArrow, shapeNone), colorRed, 0, High);
_SECTION_END();
This script helps traders spot Bearish Kicker patterns on price charts.
