TOP current profitable chart patterns
Many different patterns are formed every day on the charts of financial symbols (stocks, currencies, etc.). Have there been similar patterns in the past? How did the price behave after similar patterns in the past?
In the table below you can find list of the most profitable patterns that have been formed now on different financial symbols. For each pattern, 100 of the most similar patterns in the past were found and trading results based on these patterns were calculated. The position is opened after the pattern appeared on the chart and is helding for a fixed amount of time.
Patterns are sorted in the table by the ratio of average yield to standard deviation.
|Pattern||Ticker||Start date||End date||Timeframe||Pattern length (bars count)||Trade signal||Position holding time||Average profit to standard deviation ratio||Profit factor||Profit/loss trades relation||Average profit per trade||Coefficient of similarity||All similar patterns|
||GBPUSD||April 15, 2019, 1 a.m.||April 20, 2019, midnight||1 hour||120||Sell||90||0.31||2.6||
64% / 36%
|0.5 %||727.9||View all (100)|