Candlestick reversal patterns must be viewed within the context of prior activity to be effective. In fact, identical candlesticks may have different meanings depending on where they occur within the context of prior trends and formations. 1) Hammer-- a candlestick with a long lower shadow and sm...
Why can't multiple candlestick patterns trigger on the same tick of the market? But in that case each candle stick has a different meaning so how can at a particular tick we can have different meanings. If i'm making changes in the ta_global.c file how to see that this changes are ...
The expert system has patterns and rules which can predict future stock price movements. Defined patterns are classified into five groups with respect to their meanings: falling, rising, neutral, trend-continuation and trend-reversal patterns. The experimental results revealed that the developed ...
candlesticks are a great tool to see the historical prices and identify patterns. It is widely known that stock prices vary dramatically, it is important to determine when to buy and sell stocks in order to get high returns from stock investment...
What’s used to form support and resistance? The real bodies and wicks of candlesticks as well as patterns. As a result, with our eBook, you can learn how to read candlestick charts, pattern meanings, and entries and exits, including stop areas. ...