CandlePower 6 Pro All Patterns AutoTest Report
Summary
AutoTest All Candlestick Patterns (Percent Wins)
Search of C:\txtdata\sp500
(Most Current 2000 Periods)
Search of 500 Securities and 941109 Periods
(Joint Signal Required using NSI*(0/11/89))
Trend Requirement: Strong
(15)
38264 Total Patterns (One Pattern Every 25 Periods)
Notes:
This table is a part of an All Patterns AutoTest Report listing the performance results for the best 40 patterns of the 106 patterns tested. The report lists the pattern, number of occurrences, the percentage wins for closing out the simulated trade after the number of periods indicated and, in the last column, closing the trade when after 2 periods, the price goes against it. This particular test report shows the results ranked based on closing the trade after 5 periods.
The 7 patterns in italics are from the original CandlePower 6 library. The other 33 patterns shown were new in CandlePower 6 Plus and are also included in CandlePower 6 Pro. The patterns shown in bold represent 9 of the 17 new proprietary North Systems’ patterns.
Technical Indicators can also be included and tested just the same as candles.