Trading the Harami Candlestick Pattern — The Full Guide.
Full Introduction and Back-test on the Harami Pattern.
Candlestick patterns deserve to be studied thoroughly and even though a strategy relying solely on them will be unstable and unprofitable, they can be a valuable addition into a full trading system that uses other techniques. In this article, we will see a full presentation and code of a two-candle pattern. Then, we will back-test it with and without risk management before judging its profitability and how we should interpret it.
I have just published a new book after the success of New Technical Indicators in Python. It features a more complete description and addition of complex trading strategies with a Github page dedicated to the continuously updated code. If you feel that this interests you, feel free to visit the below link, or if you prefer to buy the PDF version, you could contact me on Linkedin.
Candlestick Charts
Candlestick charts are among the most famous ways to analyze the time series visually…
