How To Use Candle Patterns In Your Strategy

August 31
44 mins

Episode Description

In this week's episode of Line Your Own Pockets, we explain how to use candle patterns in your trading strategy.

Topics covered:

  • Candle patterns aren't magical signals, but that doesn't mean they have no value
  • Instead of "when does pattern A work?", ask yourself "when does pattern A help my strategy?"
  • Don't get stuck on the exact definition of a pattern (e.g., a hammer) - it's arbitrary
  • The MabeKit Dojiness column as a good example of a continuous versus binary variable in a backtest

And much more...


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Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!

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