Pattern 936 Part Two

แชร์
ฝัง
  • เผยแพร่เมื่อ 28 เม.ย. 2024
  • Here is the link:
    • The Power of Candlesti...
    The Candlestick trading system, grounded in the ancient Japanese practice of technical analysis, has found widespread application in modern financial markets, particularly for its approach to pattern recognition.
    In this video I am combining candlestick pattern with other indicators: While candlesticks offer valuable market insights, their predictive power increases when used in conjunction with other technical indicators (e.g., moving averages, RSI, MACD). This multi-faceted approach can refine entry and exit points, and enhanced the profitability of the original system by 25% per annum.
    Implementing a rigorous backtesting regime on historical data can help traders understand how their trading method would have performed in the past. If it did not work in the past, why should it work in the future?
    Get WealthLab 8 here:
    www.wealth-lab.com/affiliate/...

ความคิดเห็น • 3

  • @WealthLab
    @WealthLab  14 วันที่ผ่านมา

    Two minutes into the video I say that the exposure was "only 6%" when it was a little over 7%. My apology for that.

  • @PavelKudryashov-gq3mn
    @PavelKudryashov-gq3mn 15 วันที่ผ่านมา

    What is the definition of the Pattern 936?

    • @WealthLab
      @WealthLab  15 วันที่ผ่านมา +1

      Hi, sorry I should have explained it in this video too. There is a longer explanation video here: th-cam.com/video/gthP28kkEmk/w-d-xo.htmlsi=tD3ZEvglzI3tP2Pg
      Let me know if that explains it.