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
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

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.
 

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
573 Online
Create Post

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top