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EFS for Trading Success

EFS Featured Studies of the Month:
Morning Star, Bearish Harami

The EFS library is full of new and useful strategies you can use for free in eSignal.
This month, we feature two pattern studies: One is a bullish reversal pattern and the other is a bearish reversal pattern.

Morning Star

This is a bullish reversal pattern formed by three candlesticks. The first is a down candlestick with a long real body, the second is a small real body that gaps lower to form a star, and the third is an up candlestick that closes above the midpoint of the first candlestick.



Download the Morning Star study

Bearish Harami

This is a bearish reversal pattern formed by two candlesticks in which a short real body is contained within the prior session's long real body. Usually, the second real body is red (as opposed to the green of the first real body). The Harami pattern is the reverse of the Engulfing pattern.

Download the Bearish Harami study

Resources for EFS

  • To access other EFS studies, visit the EFS Library (wait a few seconds for the Most Popular Articles listing to appear).
  • For detailed tutorials on EFS, including how to implement EFS studies within eSignal, visit the Help Guides and Tutorials section of the EFS KnowledgeBase.
May 2012
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