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How To Use Candle Patterns In Your Strategy

By Dave Mabe

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...

LISTEN NOW ยป

-Dave

P.S. Do you wish you had a column library that would tell YOU how to make your strategy profitable? My column library is now included with MabeKit Get Instant Access