Candlestick Ranking

subharmonic

Member
What in your experience is the top 3 information gained from any candlestick/pairs of sticks? I am working on candlestick rank system.
Not patterns (bullflag, head n shoulders, etc).

For example reversal to bullish:
  1. Hieken Ashi doji with higher low
  2. inside bar closing 50% or higher on current bar AND Last bar
  3. previous bar hammer
Continue bullish:
  1. Hieken Ashi with no lower shadow
  2. HH/HL
  3. Close in upper 75% of candle
 

markos

Well-known member
VIP
What in your experience is the top 3 information gained from any candlestick/pairs of sticks? I am working on candlestick rank system.
Not patterns (bullflag, head n shoulders, etc).

For example reversal to bullish:
  1. Hieken Ashi doji with higher low
  2. inside bar closing 50% or higher on current bar AND Last bar
  3. previous bar hammer
Continue bullish:
  1. Hieken Ashi with no lower shadow
  2. HH/HL
  3. Close in upper 75% of candle
@subharmonic welcome to useThinkScript! Please feel free to answer questions for those in need. Your input is welcome.
Per your question, @BenTen has the definitive answer. Thomas Bulkowski has one of the most reaserched sites around at patternsite.com. He's written books on the subject.
 

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