indicator · on price · open source
Bullish Harami
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About
Bullish Harami: a large red candle followed by a small green candle contained entirely within the prior body. Early warning that sellers are losing conviction.
- Green bar colour on the harami bar.
- Combine with a bullish confirmation candle on the next bar for entry.
Source code
//@version=5
indicator("Bullish Harami", overlay=true)
prevDown = close[1] < open[1]
currUp = close > open
harami = prevDown and currUp and open > close[1] and close < open[1]
barcolor(harami ? color.green : na)
plotshape(harami, "Bullish Harami", style=shape.triangleup, location=location.belowbar, color=color.green, text="BH")
alertcondition(harami, "Bullish Harami", "Bullish Harami pattern printed")
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