Learn the historical performance of candlestick patterns for stocks, forex and futures. Discover which patterns are best and the ones you should avoid.
Great information and in-depth analysis in to candlestick patterns. Exactly what I was looking for. Systematic evidence on candlestick patterns. I’ll never look on the candlesticks the same again.
For the first time, a course that reveals the historical performance of all the classic candlestick patterns, allowing you to trade with more confidence and knowledge.
Candlestick charts are the number one way to present financial price data. They let you quickly and easily visualise the market and analyse recent price action before placing a trade.
Whether it’s in a particular stock, a currency pair, or a commodity, once you know how to read candlestick charts, you can very quickly gauge strength or weakness in the market of your choice.
Candlestick charts have been around for centuries and there are numerous books and courses that detail specific candlestick patterns. Patterns such as the shooting star, the Doji and the Hammer.
However, most books and courses fail to address an important consideration. Do these candlestick patterns actually work?
On this course, not only will you learn about Japanese candlestick charts and how to identify the most popular candlestick patterns, but you will discover the historical performance of 25 of the best patterns.
You’re going to learn which candlestick patterns are the best and which ones you should pay attention to in your trading. And you’ll realise that there are some candlestick patterns that you should simply avoid.
21 different futures and forex markets and over 100 stocks are analysed (across more than 1000 trades) to see which patterns produce the most profitable results. And the results are indeed surprising.
In fact, the results suggest that some patterns are not profitable at all. However, the results also reveal something very interesting.
One specific candlestick pattern performed significantly better than every other candlestick pattern we tested.
On this course, you’ll learn precisely which candlestick pattern that is.
You’re also going to learn how to spot the candlestick patterns and how to incorporate them into your own trading and investing.
Then, you’ll discover a fully fledged trading system based on the best patterns found.
But that’s not all.
When you take the course today, you’ll also receive a number of bonuses.
Bonus 1: You’ll get the A3 candlestick cheat sheet so you can quickly locate candlestick patterns by eye. You can even print this out and stick in on the wall if you want to.
Bonus 2: You’re going to get access to the accompanying eBook and all the tables of results.
Bonus 3: You’re going to receive the formulas that I used to code up each candlestick pattern.
If you have the back-testing program Amibroker, you’ll be able to use this code to run an exploration and scan for the latest candlestick signals on your own machine. (The exploration returns all the recent candlestick patterns in seconds).
So, if you want to learn how the professionals use financial charts and you want to take your candlestick trading to another level, just click take this course now and let’s get ed learning about Japanese Candlesticks!
What are the requirements?
An understanding of basic financial terms is beneficial.
A desire to learn about price action and historical performance.
What am I going to get from this course?
Lessons on how to use Japanese candlestick charts to inform your investing and trading decisions.
Analysis on the profitability of individual candlestick patterns – which candlestick patterns work and which candlestick patterns fail!
You will learn to trade price action and Japanese candlestick charts with more precision and confidence than before.
You will learn the profit potential and opportunities that exist from combining candlestick price patterns with other indicators.
You will learn some principles about back-testing and designing a price action, chart based trading strategy
You will discover a complete trading strategy based solely on Japanese candlestick patterns.
You will be able to program and scan for individual candlestick patterns using the Amibroker analysis program.
Who is the target audience?
Anyone interested in financial markets and price action – stocks, forex, futures can take this course.
System traders and Amibroker users will also benefit from this course.
Joe Marwood is an independent trader and investor specialising in financial market analysis and trading systems. He worked as a professional futures trader for a trading firm in London and has a passion for building mechanical trading strategies. He has been in the market since 2008 and working with Amibroker since 2011.
Japanese Candlestick Patterns: The Basics (4:08)
Japanese Candlestick Building Blocks (3:41)
A History Of Japanese Candlesticks (4:25)
Test Procedure: Setting Up (5:41)
Test Procedure: Presentation Of Results (5:50)
Testing The Candlesticks
Hanging Man (9:08)
Inverted Hammer (3:57)
Shooting Star (2:51)
Morning Star (3:15)
Evening Star (3:05)
Gravestone Doji (2:00)
Dragonfly Doji (2:15)
Bullish Kicker (3:15)
Bearish Kicker (2:16)
Bullish Engulfing (2:47)
Bearish Engulfing (1:26)
Bullish Harami (2:17)
Bearish Harami (1:44)
Bullish Spinning Top (2:48)
Bearish Spinning Top (1:35)
Bullish Abandoned Baby (2:47)
Bearish Abandoned Baby (1:49)
Three White Soldiers (3:24)
Three Black Crows (2:17)
Three Line Strike (1:50)
Piercing Line (2:06)
Dark Cloud Cover (1:24)
Tweezer Top (2:00)
Tweezer Bottom (3:12)
Loose Kicker (3:18)
What Have We Learnt? (5:27)
Which Candlestick Pattern Is The Best Of All? (0:49)
Big table Of Results
Confirmations And Combinations
Improving Candlesticks With Volume: Test Results (3:08)
Improving Candlesticks With The RSI Indicator: Test Results (2:55)
Improving Candlesticks With Moving Averages: Test Results (3:54)
A Complete Trading System (7:54)
My Top 10 Tips For Trading Candlesticks
Is This The End? (0:55)
Bonus 1: Candlestick Cheat Sheet
Bonus 2: Candlestick Exploration Code for Amibroker
Bonus 3: Trading With Candlesticks Supplementary eBook
Bonus 4: Other Useful Resources
Frequently Asked Questions
When does the course start and finish?The course starts now and never ends! It is a completely self-paced online course – you decide when you start and when you finish.How long do I have access to the course?How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like – across any and all devices you own.What if I am unhappy with the course?We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us so that we can better meet your needs.Do I need Amibroker to take this course?No. The research was done in Amibroker but it is not necessary to take this course. However, if you do have Amibroker, you’ll be able to download the exploration formulas.Do I need Premium Data to take this course?No. We use Premium Data for our analysis because it is clean and to avoid survivorship-bias. But you don’t need it to benefit from the course.I trade forex, will I find this useful?Yes. The research covers six major currency pairs. We also analyse futures and stocks.