Bullish Abandoned Baby Candlestick – Strong Reversal Pattern

Bullish Abandoned Baby Candlestick – Strong Reversal Pattern


Below is a simple AFL script to detect the Bullish Abandoned Baby in Amibroker:

// Bullish Abandoned Baby AFL Code for Amibroker

_SECTION_BEGIN(“Bullish Abandoned Baby”);

 

FirstBearish = Ref(Close, -2)

DojiWithGapDown = Ref(Close, -1) > Ref(Open, -1) AND Ref(High, -1)

FinalBullish = Close > Open AND Close > Ref(Midpoint(High, Low), -2) AND Open > Ref(High, -1);

 

BullishAbandonedBaby = FirstBearish AND DojiWithGapDown AND FinalBullish;

 

PlotShapes(IIf(BullishAbandonedBaby, shapeStar, shapeNone), colorGreen, 0, Low);

 

_SECTION_END();

This script finds Bullish Abandoned Baby patterns and marks them with a green star.





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