Quant Trading Live Report

What the most accurate candlestick pattern for market reversal


Listen Later

As explained in the past, I find this is a decent way to measure market reversal with these candlestick patterns. refer to these links


Reliable candlestick patterns for TA-Lib pattern recognition acts as a bullish reversal


How to use moving averages for potential market reversal in algo trading


These are the most common scan which SOME appear to be reliable:

Separating Lines


3 Outside


Marubozu (I will keep tit)


Matching Low


Hammer


Inverted Hammer


I had to remove these patterns as I question the lower reliability potential:

Haramicross


Rickshawman


There is nothing really nothing conclusive but I have filtered it down to 6 patterns that may ‘work’. Apparently these are more reliable and common according to thepatternsite.com.


 http://quantlabs.net/blog/2018/06/what-the-most-accurate-candlestick-pattern-for-market-reversal/

...more
View all episodesView all episodes
Download on the App Store

Quant Trading Live ReportBy QuantLabs.net

  • 2.5
  • 2.5
  • 2.5
  • 2.5
  • 2.5

2.5

6 ratings