I dont understand what you mean by that, i told you that i dont use that particular pattern. Besides i didnt tested it with MT4 i have my own strategy tester to test candlesticks.It is almost as accurate as an MT4 test, but it only generates that ...

why have you accepted the price-predictability assumption?

Not just that, but in stock markets the speculators are the main market movers, where in the forex market the general economy is, the speculators in forex are in minority. The FX is a 5 trillion $ market, speculators make up only a fraction of it, ...

why have you accepted the price-predictability assumption?

Yep every useful info is in the spreadsheet, you can see on which pairs it worked and on which not You dont understand, the main thing that closed the orders was the OrderClose() function which get triggered when the 2nd bar opened after the hanging ...

why have you accepted the price-predictability assumption?

Yes i used almost the same method as bulkowsky but i used a dynamic exit, which only depended on the candle size.He used an ATR type exit. But i dont find his results reliable, i read his book, but the main issue i find is that he mostly analyzed ...

why have you accepted the price-predictability assumption?

The RR ratio is the size of the next candle, so its a dynamic one, we enter at the next candle open and exit at the close no matter what, be it profitable or not doesnt matter, thats how i backtested it. So that is why in the spreadsheet you see ...

why have you accepted the price-predictability assumption?

They do work theoretically , but i never tested them in a forward test or a demo, there were just too many other patterns and honestly i`ve found way better ones than the inverted hammer & hanging man.So i cant waste time on that.I work with other ...

why have you accepted the price-predictability assumption?

IDK, i only tested it on the next candle, so what comes after that, who knows and who cares, if the next candle after that is secured then thats good enough too. If i segmented the price by candles and tested each one of them then according to my ...

why have you accepted the price-predictability assumption?

No idea, i dont know you that much , but anyway good luck.

why have you accepted the price-predictability assumption?

Why should i do such thing.I have 2 tick databases, which were compiled into M1 -> H1 candles, and the other was left in H1 to test the H1 timeframes more detailed. Have you looked into my data? I dont think so. The 50 ...

why have you accepted the price-predictability assumption?

There are way better patterns than the inv hammer & hanging man duo, this was just an appetizer for pattern traders, you know 4% edge is not much and you have to look at the expectancy too, it being about 0.1 at the best, meaning that on every 1€ ...

why have you accepted the price-predictability assumption?

Ok here are they, they are not 55% more like 54% but stilll good, i didnt remembered it well but i guess it has an edge so take care of this information that i will post here now: INVERTED HAMMER AND HANGING MAN STATISTICS by PROXIMUS PipMeUp YOU ...

why have you accepted the price-predictability assumption?

I know, the expectancy was negative until M15, only after M15 it was good (i included the spread too).Because it would only scalp 1 candle its obvious that we need to scalp it on a high timeframe.So H1 was the best, i didnt tested it on higher than ...

why have you accepted the price-predictability assumption?

Yep i do. I only tested it on the neighboring next candle, more than that no idea, the edge will decrease very quickly after that. I dont think it is a so long correlation, but nevertheless it has an edge so who cares.An inneficiency like that wont ...

why have you accepted the price-predictability assumption?

Because he has a shitty reward risk ratio and after the day is over he still has a negative expectancy which, slowly, but will drain his cash. It doesnt matter how much winrate you have if the RR associated with it is not good.The expectancy is the ...

why have you accepted the price-predictability assumption?

Yes the pattern candles themselves can be randomly formed, but what comes after the candle is the key here.I dont care how my shooting star forms or why it forms, but i want that after the shooting star a bearish move to come. It doesnt matter how ...

why have you accepted the price-predictability assumption?

Yea. But to quantify it, i would stick check the STICK patterns, otherwise how can i analyse it statistically? I have to quantify it somehow, and the segmentation of price according to candles is the best method. So if i analyse a candlestick i`m ...

why have you accepted the price-predictability assumption?

A swing low at M1 can be the lower wick of a hanging man at H4 A swing high at M1 can be the higher wick of a shooting star at H4 A pennant pattern can be a tasuku gap at a higher timeframe.. Whatever, it doesnt matter which timeframe you look, they ...

why have you accepted the price-predictability assumption?

Doji's are random, that i agree with.But there are pattern which are not, a hanging man carries information about the future price, thats a fact.I will prove it soon once i find my research on my other pc.I didnt really used it much, because the ...

why have you accepted the price-predictability assumption?

Not all sticks are random, thats the point here, have you forgot that a stick in a higher timeframe represents an entire move & a big structure at a lower one?

why have you accepted the price-predictability assumption?

Maybe 5% is ok, but 10% is just too much, what if you'll get to 1 million, would you trade 100k positions the same way as you were trading 100$ with 1000$ account. I stick to 1% but only because drawdowns, because i admit my strategy is not the ...

why have you accepted the price-predictability assumption?