Page 2 of 4 FirstFirst 1234 LastLast
Results 11 to 20 of 34
 0 Attachment(s)    

Thread: Forex patterns & probabilities

  1. #11
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after a short reversal bar (higher high, close lower to previous close and previous open).

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 53/47 - 1401/1255
    H4 - 55/45 - 522/427
    D1 - 59/41 - 101/70

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 48/52 - 1320/1418
    H4 - 45/55 - 434/522
    D1 - 42/58 - 73/99

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 48/52 - 1325/1438
    H4 - 47/53 - 445/510
    D1 - 37/63 - 64/107

  2. #12
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after a long reversal bar (lower low, close higher to previous close and previous open).

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 49/51 - 1319/1374
    H4 - 50/50 - 440/445
    D1 - 52/48 - 83/77

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 52/48 - 1421/1331
    H4 - 49/51 - 439/458
    D1 - 40/60 - 64/98

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 51/49 - 1417/1355
    H4 - 48/52 - 431/466
    D1 - 41/59 - 67/96

  3. #13
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after an above average volume (a total daily volume which is greater than the average of the daily volumes over the previous three days) on an up bar.

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 49/51 - 5634/5899
    H4 - 51/49 - 1713/1614
    D1 - 47/53 - 260/292

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 51/49 - 6048/5755
    H4 - 48/52 - 1618/1757
    D1 - 48/52 - 269/288

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 50/50 - 5968/5928
    H4 - 47/53 - 1594/1783
    D1 - 45/55 - 252/306

  4. #14
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after an above average volume (a total daily volume which is greater than the average of the daily volumes over the previous three days) on a down bar.

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 53/47 - 6015/5303
    H4 - 53/47 - 1741/1569
    D1 - 57/43 - 294/225

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 48/52 - 5525/6050
    H4 - 48/52 - 1595/1740
    D1 - 46/54 - 242/284

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 49/51 - 5662/5984
    H4 - 47/53 - 1573/1765
    D1 - 47/53 - 243/279

  5. #15
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after an advance block (bearish), a three candlestick pattern in which the last two candlesticks show weakening upside drive.

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 43/57 - 162/211
    H4 - 43/57 - 57/75
    D1 - 33/67 - 4/8

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 55/45 - 220/177
    H4 - 56/44 - 77/61
    D1 - 31/69 - 4/9

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 52/48 - 205/192
    H4 - 53/47 - 74/65
    D1 - 23/77 - 3/10

  6. #16
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after an advance block (bullish), a three candlestick pattern in which the last two candlesticks show weakening downside drive.

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 58/42 - 164/118
    H4 - 51/49 - 54/52
    D1 - 80/20 - 4/1

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 55/45 - 131/159
    H4 - 46/54 - 48/57
    D1 - 40/60 - 2/3

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 43/57 - 128/167
    H4 - 44/56 - 47/61
    D1 - 40/60 - 2/3

  7. #17
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after a dark-cloud cover (bearish), in an uptrend (after at least two consecutive up bars), a long white candlestick is followed by a long black candlestick that opens above the prior white candlestick's high. The second candlestick must close well into the first candlestick’s real body.

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 43/57 - 12/16
    H4 - 69/31 - 11/5
    D1 - 60/40 - 3/2

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 55/45 - 17/14
    H4 - 33/67 - 5/10
    D1 - 0/100 - 0/5

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 47/53 - 17/15
    H4 - 53/47 - 7/8
    D1 - 20/80 - 1/4

  8. #18
    Member
    Join Date
    Mar 2009
    Location
    Florida, USA
    Posts
    278

    Default

    Very interesting and useful information here Funyoo.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.

    http://hft.serialcoder.com/ -- Quantitative Market Reversal Levels --- The only indicator you'll ever need.

  9. #19
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default



    Next bar after a dark-cloud cover (bullish), in a down trend (after at least two consecutive down bars), a long black candlestick is followed by a long white candlestick that opens below the prior black candlestick's low. The second candlestick must close well into the first candlestick’s real body.

    With EURUSD on the last 8 years.

    Timeframe - %UP/%DOWN - UP/DOWN bars

    H1 - 37/63 - 10/17
    H4 - 50/50 - 2/2
    D1 - 100/0 - 2/0

    On the 5 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 56/44 - 14/11
    H4 - 75/25 - 3/1
    D1 - 50/50 - 1/1

    On the 10 bars after the signal :

    Timeframe - %UP/%DOWN - UP/DOWN movements

    H1 - 46/54 - 13/15
    H4 - 75/25 - 3/1
    D1 - 50/50 - 1/1

  10. #20
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default

    Quote Originally Posted by bigpipn View Post
    Very interesting and useful information here Funyoo.
    Yes,

    I thought that it could be useful to have such statistics.

    It's better to have an idea of the "strength" of a pattern before to exploit it.

Similar Threads

  1. Chart patterns
    By painofhell in forum Trading discussion
    Replies: 0
    Last Post: 09-19-2014, 19:30
  2. M and V patterns
    By fxtester in forum Ideas for manual systems
    Replies: 2
    Last Post: 08-25-2014, 10:10
  3. The Best Forex Patterns
    By fx555 in forum Trading discussion
    Replies: 4
    Last Post: 04-19-2012, 05:45
  4. Technical Patterns
    By gselsidi in forum Ideas for expert advisors
    Replies: 0
    Last Post: 09-07-2009, 03:08

Tags for this Thread

100, average, beginner, candlestick, chart pattern, color, currency trading, eurusd, forex, forex signals, forex trading, high, indicator, main, profitable, real, resistance, review, signal, signals, strategies, support, system, time, trader, trading, trading software, trend

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •