How to Profit from the Downside Tasuki Gap Candlestick Pattern
Below is a simple Amibroker AFL script to detect the Downside Tasuki Gap pattern:
// Downside Tasuki Gap AFL Code for Amibroker
_SECTION_BEGIN(“Downside Tasuki Gap”);
FirstBearish = Ref(Close, -2)
GapDown = Ref(Open, -1)
SecondBearish = Ref(Close, -1)
ThirdBullish = Close > Open;
PartialGapFill = Close Ref(Close, -1);
DownsideTasukiGap = FirstBearish AND GapDown AND SecondBearish AND ThirdBullish AND PartialGapFill;
PlotShapes(IIf(DownsideTasukiGap, shapeDownArrow, shapeNone), colorRed, 0, Low);
_SECTION_END();
This script helps traders detect Downside Tasuki Gap patterns on stock charts.
