Tag Archives: Pattern recognition

Reliable candlestick patterns for TA-Lib pattern recognition acts as a bullish reversal

Highly reliable candlestick patterns for TA-Lib pattern recognition functions. You can work with these with Python.

Some of these acts as a bullish reversal. I have a compiled most TA-Lib pattern recognition with potential. Some are very accurate so I may test them in the easy programming demo I showcased in my last posting. Let me work with the ones that work instead of coding the Adam and Eve pattern. 

This is from https://mrjbq7.github.io/ta-lib/func_groups/pattern_recognition.html

TA-LIB FUNCTIONS compiled reviewing

CDL2CROWS←-medium reliable

http://thepatternsite.com/TwoCrows.html

CDL3BLACKCROWS← pattern acts as a bearish reversal of the upward price trend and the overall performance is outstanding.

http://thepatternsite.com/ThreeBlackCrows.html

CDL3STARSINSOUTH<-Bullish reversal 86% of the time but rare

http://thepatternsite.com/ThreeStarsSouth.html

CDL3INSIDE←- rare bug highly reliable 
http://thepatternsite.com/ThreeLineStrikeBull.html

CDL3OUTSIDE← rare but decent performance

http://thepatternsite.com/ThreeOutsideUp.html

CDL3OUTSIDE← frequent bullish reversal but very works well

http://thepatternsite.com/ThreeOutsideUp.html

http://thepatternsite.com/ThreeLineStrikeBull.html

CDL3WHITESOLDIERS← It acts as a bullish reversal 82% of the time, 

http://thepatternsite.com/ThreeWhiteSoldiers.html

CDLADVANCEBLOCK “near random” range of 51% to 59%

http://thepatternsite.com/AdvanceBlock.html

CDLADVANCEBLOCK

http://thepatternsite.com/AbandonBabyBull.html

CDLBELTHOLD ← It acts as a bullish reversal often

http://thepatternsite.com/BeltHoldBull.html

CDLBREAKAWAY L← bearish reversal 63% of the time

http://thepatternsite.com/BearBreakaway.html

CLOSINGMARUBOZU  ← (candlestick acts as a continuation pattern 55% of the time not so reliable)

http://thepatternsite.com/ClosingWhiteMarubozu.html

CDLCONCEALBABYSWALL rare

http://thepatternsite.com/ConcealBaby.html

CDLDARKCLOUDCOVER-let it form after break, it is useful

http://thepatternsite.com/DarkCloudCover.html

 

CDLDOJISTAR← maybe reliable if Doji Evening Star

http://thepatternsite.com/EveningDojiStar.html

 

DRAGONFLYDOJI ← can be ignored

http://thepatternsite.com/Dragonfly.html

 

CDLENGULFING ←sort of common

http://thepatternsite.com/BullEngulfing.html

 

CDLEVENINGDOJISTAR -respectable

http://thepatternsite.com/EveningDojiStar.html

CDLEVENINGSTAR -highly reliable as market reversal

http://thepatternsite.com/EveningStar.html

CDLGAPSIDESIDEWHITE -medium performance but maybe not effective

http://thepatternsite.com/SidebySideWhiteLinesBull.html

CDLGRAVESTONEDOJI ←nothing special

http://www.thepatternsite.com/Gravestone.html

CDLHAMMER ←-highly respected

http://thepatternsite.com/Hammer.html

CDLHANGINGMAN←not so strong

http://thepatternsite.com/HangingMan.html

CDLHARAMI← works half the time

http://thepatternsite.com/HaramiBull.html

CDLHARAMICROSS ← good potential

http://thepatternsite.com/HaramiCrossBull.html

CDLHIKKAKE ← mid list performance

http://thepatternsite.com/HighWave.html

CDLHOMINGPIGEON← bearish continuation 56% of the time but realiable

http://thepatternsite.com/HomingPigeon.html

IDLIDENTICAL3CROWS← not reliable

http://thepatternsite.com/Identical3Crows.html

CDLINNECK← bearish continue but works half time but highly listed

http://thepatternsite.com/InNeck.html

CDLINVERTEDHAMMER← very reliable for bear continuation

http://thepatternsite.com/HammerInv.html

CDLKICKINGBYLENGTH← works half the time

http://thepatternsite.com/KickingBull.html

CDLLADDERBOTTOM← works half the time

http://thepatternsite.com/LadderBottom.html

CDLLONGLEGGEDDOJI← not that reliable

http://thepatternsite.com/LongLegDoji.html

CDLLONGLINE← more reliable

http://thepatternsite.com/AboveStomach.html

CDLMARUBOZU← slightly >medium reliability

http://thepatternsite.com/WhiteMarubozu.html

CDLMATCHINGLOW←  bearish continuation 61% very high

http://thepatternsite.com/MatchingLow.html

CDLMORNINGDOJISTAR  ← decent performance and scores high

http://thepatternsite.com/MorningDojiStar.html

CDLMORNINGSTAR

CDLMORNINGSTAR← not frequent but highly reliable

http://thepatternsite.com/MorningStar.html

CDLONNECK← 56% reliable but higher priority

http://thepatternsite.com/OnNeck.html

CDLPIERCING ← higher priority but not as frequent

http://thepatternsite.com/Piercing.html

CDLRICKSHAWMAN← medium reliability but higher priority

http://thepatternsite.com/RickshawMan.html

CDLRISEFALL3METHODS← very highly reliable bearish continuation but rare

http://thepatternsite.com/Falling3Methods.html

CDLSEPARATINGLINES ← very reliable for bullish continuation

http://thepatternsite.com/SeparateLinesBull.html

CDLSHOOTINGSTAR← 59% reliability

http://www.thepatternsite.com/ShootingStar.html

CDLSPINNINGTOP ← most frequence

http://thepatternsite.com/SpinTopBlack.html

CDLSTICKSANDWICH← bearish continuation 62% of the time

http://thepatternsite.com/StickSandwich.html

CDLTAKURI← it works  bullish reversal and it does, 66% of the time

http://thepatternsite.com/TakuriLine.html

CDLTASUKIGAP← not reliable

http://thepatternsite.com/UpsideTasukiGap.html

CDLTHRUSTINGworks best in a bear market, but suffers in a bull market.

http://thepatternsite.com/Thrusting.html

CDLUNIQUE3RIVER ← works 60% of the time

http://thepatternsite.com/Unique3RiverBottom.html

CDLXSIDEGAP3METHODS← bullish reversal 62% of the time

http://thepatternsite.com/DownGap3Methods.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Machine Learning Python and Pattern Recognition for Algo Forex and Stock Trading

Machine Learning Python and Pattern Recognition for Algo Forex and Stock Trading

Another fantastic resource from Sentdex! This is a big discovery

https://github.com/PythonProgramming/Pattern-Recognition-for-Forex-Trading

https://pythonprogramming.net/machine-learning-pattern-recognition-algorithmic-forex-stock-trading/

Let’s give a huge thanks to this Harisson for these kind of very high quality resources

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Pattern Recognition and Machine Learning for Algo Forex and Stock Trading

Machine Learning and Pattern Recognition for Algo Forex and Stock Trading

Check this out:

Description of the video

Welcome to the Machine Learning for Forex and Stock analysis and algorithmic trading tutorial series. In this series, you will be taught how to apply machine learning and pattern recognition principles to the field of stocks and forex.

The file: http://sentdex.com/GBPUSD.zip

This is especially useful for people interested in quantitative analysis and algo trading. Even if you are not, the series will still be of great use to anyone interested in learning about machine learning and automatic pattern recognition, through a hands-on tutorial series.

https://quantlabs.net/blog/2017/04/machine-learning-and-pattern-recognition-for-algo-forex-and-stock-trading-2/

I have also announced I will be moving this ‘newsletter’ to another server from Infusionsoft. You can also get my free 2 PDFs on (in case you never got them):

Trade Like a Boss

Tecbnical Secrets in Algo Trading

You can also be part of this new newsletter on this server. I am thinking of actually discontinuing this current one you are reading from. It has been highly recommended to manually opt in yourself into this new server.

Sign up for the above FREE PDFs and join the new server here

Thanks Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Machine Learning and Pattern Recognition for Algo Forex and Stock Trading

 

 

Description of the video

Published on 11 Oct 2013

Welcome to the Machine Learning for Forex and Stock analysis and algorithmic trading tutorial series. In this series, you will be taught how to apply machine learning and pattern recognition principles to the field of stocks and forex.

The file: http://sentdex.com/GBPUSD.zip

This is especially useful for people interested in quantitative analysis and algo trading. Even if you are not, the series will still be of great use to anyone interested in learning about machine learning and automatic pattern recognition, through a hands-on tutorial series.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Machine Learning and Pattern Recognition for Algo Forex and stock trading

 

Machine Learning and Pattern Recognition for Algo Forex and stock trading

This guy’s video channel is utterly amazing for newbies

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Working on Univerasl Pattern Recognition trading algo

Working on Univerasl Pattern Recognition trading algo

Working on a pattern recognition algorithm which needs to be converted to Matlab from Ninja Trader. It seems this may be very useful to set soft entry and exit target prices. Check it out on this blog by search ‘ABC’ or Google ABC Pattern. Quite an interesting concept but no charting for these different legs are important, it’s the target prices that matter. Let’s see where this ends up. I will post  a video on the results with testing but it may take a while as I want to implement into Matlab’s Simulink environment.

P.S. I fon’t like spending too much time on these ‘pattern recognition’ but lets see where this leads. I don’t think I will be pursuing anything further.

Join my FREE newsletter to see when this video gets posted 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Auto ABC Pattern Recognition Metatrader code for forex trading

Auto ABC Pattern Recognition Metatrader code for forex trading

This code completes the traingle of indicators I am looking at

https://www.bigmiketrading.com/ninjatrader-programming/8015-auto-abc-projection-indi-2.html

http://www.surinotes.com/

Join my FREE newsletter to learn more about what these indicators are

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Automated Elliott Wave Pattern recognition with Fib Relationships

Automated Elliott Wave Pattern recognition with Fib Relationships

Has anyone managed to develop any software that can recognize the standard elliott wave patterns and generate trades based on the highest probability next wave?

 


Yep, in my case I did not get any profitable results. I tested on stocks, a time frame was EOD. BR.

Absolutely – please look at MTpredictor.com – I use the EOD version and works very very well for all markets.. I trade futures.

 

Just consider the opposite.

“neural network model perform better than the human brain at recognizing “sequential signal patterns” such as stock prices, whereas the human brain is better at recognizing “parallel signal patterns”—the human eye can easily tell a picture of a tiger from a picture of a cat.”

Why should you use mechanical Elliott wave to fit the market into something that obviously it is not. For example R. Miner one of the most prominent ellioticians recognized that most of the time the market does not allow an Elliott waves fit. So if you ask an algorithm it will force it to give you a solution and the solution guess what would be …

On the other hand the market very often produce nice trends that can be analysed with Elliott wave pattern structure. And there is the catch.

Use you human pattern recognition abilities to find a good trend. And then train on this Elliott wave pattern your algorithm whatever it can be.

For more read here.
http://beathespread.com/groups/profile/77/elliottware-machine-learning-extension-of-elliott-wave-principle

 

==

what does the success/failure ratio look like?

 

==

We made some trials but to tell you the truth I did not test it in a professional way.
http://beathespread.com/blog/view/451/elliottware-with-neuroshell

 

==

Like most successful long term systems, win ratio is low at 30%. You can tweak in many different ways. Using data 1990-2010 on 12 futures markets winratio 30%, max DD = 23.5 R where R = amt risked per trade. After 20 yrs total profit = 303 R.

For e.g. if R = $3K during those 20 yrs, max DD = $70K (yes quite high), but you would have made 303R = $909000. I have been forward testing for 2 yrs and plan to go live next October. Advantage with EOD is you don’t have to follow intraday charts.

 

==

you can also get the real time version – there are pluging for Tradestation, Ninjatrader and eSignal. I used Ninjatrader realtime for a while – experiment with Fx or futures in different timeframes (3min – 240mins). The founders frequently have webinars where they show you live trades. Just sign up on the website..

 

==

i have not used it, but i think Metastock has a plug-in on EW.

 

==

Recognia has just released Elliott Wave analysis in the Bloomberg Terminal. Other brokers will likely soon offer this capability. Agreed with John_fx re tigers and cats, but automated recognition allows the delivery of candidates for the human eye that the human eye would otherwise never encounter.

 

==

Maybe it is the same process as pattern recognition scanner autochartists offered by interbank fx. well it does not replace the human but it scans all the market saving you a lot of work.

But still when you identify a reliable elliott pattern, consult another model specially trained for this elliott wave market segment.

Any was this is just an idea.

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!