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CDLHARAMICROSS

Type: cdlharamicross • Category: indicators

Description

Harami Cross Pattern

Parameters

NameTypeDescriptionRequiredDefault
openstringno
highstringno
lowstringno
closestringno
patternstringno"CDLHARAMICROSS"

Help

CDLHARAMICROSS

Overview

The CDLHARAMICROSS worker is an indicator used in financial markets to identify the Harami Cross pattern, a type of candlestick pattern that can signal a potential reversal in the market.

Description

The Harami Cross pattern is a two-candlestick pattern that occurs during a trend. It is characterized by a large candlestick followed by a small body candlestick (often a doji) that is completely engulfed within the body of the previous candlestick. This pattern can indicate a potential reversal in the market.

What does this worker do?

The CDLHARAMICROSS worker analyzes a set of candlestick data and identifies occurrences of the Harami Cross pattern. It returns a signal when the pattern is detected, which can be used by traders and investors to make informed decisions.

How to interpret the results

When the CDLHARAMICROSS worker detects a Harami Cross pattern, it returns a signal that can be interpreted as follows:

  • A bullish Harami Cross pattern (where the preceding trend is down and the pattern occurs at the bottom of the trend) can be a buy signal.
  • A bearish Harami Cross pattern (where the preceding trend is up and the pattern occurs at the top of the trend) can be a sell signal.

Parameters

The CDLHARAMICROSS worker accepts the following parameters:

Parameters Schema (JSON)

{
"open": {
"type": "string",
"description": "The open price of the candlestick"
},
"high": {
"type": "string",
"description": "The high price of the candlestick"
},
"low": {
"type": "string",
"description": "The low price of the candlestick"
},
"close": {
"type": "string",
"description": "The close price of the candlestick"
},
"pattern": {
"type": "string",
"default": "CDLHARAMICROSS",
"description": "The pattern to detect (default: CDLHARAMICROSS)"
}
}

Parameters List

  • open: The open price of the candlestick. (string)
  • high: The high price of the candlestick. (string)
  • low: The low price of the candlestick. (string)
  • close: The close price of the candlestick. (string)
  • pattern: The pattern to detect. Default is CDLHARAMICROSS. (string)