| shai |
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| Sunday, April 11, 2010 |
| Monday, September 21, 2015 12:15:33 AM |
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thanks
shai
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QUOTE (jas0501) also note that the candlestick patterns are relacode and you can borrow the code and edit them to better fit your taste.
Also note the the more bars in your pattern the fewer occurrances to track and the less statistically sound the results give the smaller sample size.
Agree with you but that exactly what makes those winners, statistacly.
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I'll try to illustrate a simple set up in 5min candlesticks;
1) 3 down bars (each close lower than its open).
2) The following fourth bar has a tail from above of at least 50% of the entire bar range and a body that starts at least at the 49% and ends no more than 3 cents before the low of the bar.
3) the fifth bar starts at least in the close of the fourth bar and has a low below the low of the fourth bar.
What I want to backtest is the following scenario;
entering at bar 5 (below the low of bar 4) and exiting a certain amount of cents below entery price OR if in bars 5 and6 price was up more than 50% of bar 4, OR at bars7 or 8 at the entry
Shai
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Agree with you but that exactly what makes those winners, statistacly.
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Hi Bruce,
For checking statistics of certain intraday set ups, I would like to know if it is possible to create a condition which identifies a setup of 3-7 candlesticks (which all can be defined in shape)? Such condition will then be used with the Backscan in order to get the statistics.
Thanks,
Shai
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OK. Thanks.
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Bruce,
This is quite strange as both are Worden's products. Are u sure no way to do it?
Thanks,
shai
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Hi,
I can add freestockcharts as a tab on stockfinder. The problem is that I cannot find a way to link it to my stockfinder watchlist (like can be done with other websites using {Sym} so that whenever I click on a symbol in the watch list it will switch to such symbol also in the freestockcharts.com. Is there any way to link this?
Thanks,
Shai
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Hi,
I can add freestockcharts as a tab on stockfinder. The problem is that I cannot find a way to link it to my stockfinder watchlist (like can be done with other websites using {Sym}. Is there any way to link this?
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