Work

New edge proposed: harami_cross_signal — E8 Intelligence Research

Year: 2026
Type: preprint
Abstract: { "name": "harami_cross_signal", "source": "Steve Nison, Japanese Candlestick Charting Techniques", "type": "entry_engine", "rule": "Enter long when a harami cross (first bar: bearish, second bar: doji with body contained within first bar's body) appears after 3 consecutive down-closes and RSI(14) < 30; place stop below second bar's low, target 1.5 * ATR(14).", "pseudocode": "if close[1] < open[1] and close[2] < open[2] and close[3] < open[3] and close[4] < open[4] and abs(close[0] - open[0]) < 0.1 * (high[0] - low[0]) and high[0] < max(open[1], close[1]) and low[0] > min(open[1], close[1]) and rsi(14) < 30: long_entry = true; stop = low[0]; target = close[0] + 1.5 * atr(14);", "why_it_works": "Harami cross at oversold after sustained downtrend indicates exhaustion of selling pressure and potential reversal per classic candlestick literature." } Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com
Language: English
Open Access status: green
OpenAlex ID: W7210278517
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