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🔵 Double Harami
The Double Harami indicator identifies a two-step inside-bar compression: the first inside bar is fully contained within the mother bar, and the second inside bar is fully contained within the first. This pattern often signals volatility contraction ahead of a potential strong breakout. The indicator confirms signals at bar close and marks them above price for clear visual detection. It also supports alert conditions, allowing traders to be notified when the pattern completes. Use it to monitor periods of tightening price action and prepare for possible momentum expansion, while combining with context (trend, S/R, volume) for higher-confidence setups.
The Double Harami indicator identifies a two-step inside-bar compression: the first inside bar is fully contained within the mother bar, and the second inside bar is fully contained within the first. This pattern often signals volatility contraction ahead of a potential strong breakout. The indicator confirms signals at bar close and marks them above price for clear visual detection. It also supports alert conditions, allowing traders to be notified when the pattern completes. Use it to monitor periods of tightening price action and prepare for possible momentum expansion, while combining with context (trend, S/R, volume) for higher-confidence setups.
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