Candlesticks Patterns Trading Strategies

4 months ago
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✅→ The 2 free backtested strategies are available here: https://www.quantifiedstrategies.com/...

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CANDLESTICKS Patterns Trading Strategies

Welcome to our video on candlesticks, where we explore the age-old question: which one actually works and which one is the best?

Candlesticks are a widely used tool for visualizing price movements in financial markets, but many people are still skeptical about their effectiveness.

In this video, we'll provide you with definitive answers by presenting the results of our extensive backtesting of ALL the candlestick patterns. We have ranked the patterns based on their performance using the profit factor metric, and the results are impressive!

We will demonstrate how you can make money using candlestick patterns and how they have provided uncorrelated returns compared to buy and hold strategies, even during recessions or falling markets.

Our research includes logic in plain English and trading results for all 75 candlestick patterns, which can be added to Amibroker or Tradestation code. We offer this research for a moderate fee to help traders like you make informed decisions.

In the S&P 500 market, we found that the top 10 best candlestick patterns had at least 50 trades over the last 30 years, and they yielded a twenty-bagger over the period. This is even better than buy and hold strategies and was achieved by spending just 28% of the time invested.

Moreover, the losses from a recent peak in equity were less than 15%, and the table shows only one losing year. Thus, candlestick patterns have provided uncorrelated returns compared to buy-and-hold strategies, even during tough market conditions like the 2008 financial crisis.

In conclusion, our backtesting has proven that candlestick patterns work! We hope you found this video informative and quantified. Don't forget to like and subscribe to help us provide more such research. And do watch our next video, where we will showcase 3 free trend-following strategies. Good luck trading!

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Here you can read more about our Candlesticks here:
https://www.quantifiedstrategies.com/...

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RISK DISCLAIMER
Quantified Strategies (SIA Lofjord) is not an investment advisor. The content and information provided are educational and should not be treated as financial advisory services or investment advice. Trading and investment in securities involve substantial risk of loss and is not recommended for anyone that is not a trained trader or investor – it shall be conducted at your own risk. It is recommended that you never risk more than you are willing to lose. Leverage can lead to substantial losses. Any use of leverage, margin, or shorting is at your discretion. Quantified Strategies (SIA Lofjord) is not responsible for any losses that occur as a result of its content and information.
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, Since the trades have not been executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representations are made that any account will or is likely to achieve profit or losses similar to those shown.

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