C BullHar BearHar
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The indicator displays a plot corresponding to Bullish Harami and Bearish Harami candlestick patterns.
Bullish Harami is defined as:
- The body of a green candle is smaller and inside the body of a red candle on the previous bar
- The price trend is declining
- The body of the previous red candle is greater than the average body
Bearish Harami is defined as:
- The body of a red candle is smaller and inside the body of a green candle on the previous bar
- The price trend is advancing
- The body of the previous green candle is greater than the average body
Default Inputs
Length (14) sets the length used to calculate the average body.