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Setting the pattern: (0:00)
Examining the results: (2:13)
This is video guide (with subtitles) of how to use my indicator for metatrader. It is part of Ultimate Pattern Builder mt4 forex collection.
This guide shows you how to test inverted hammer with mid body candlestick pattern for rate of success. Idea is to use my expert advisor and analyze pattern in strategy tester. First you need to build hammer pattern with one candlestick. Then you set up trading scenario and run test. Finally you simply look at the report and see how many trades with your pattern was profitable by set trading scenario. I was trying different scenarios and also different pattern settings. This is NAKED pattern testing, without any trends, snr, filters, etc…. To improve this, i need your support.
If you want to see whole story behind testing check this: https://youtu.be/k2z9ZKGyTe4
if you want to know how exactly does expert advisor work: https://youtu.be/VYI3LhC8AD0
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NOTE!! at 1:3 profitability ratio i said that you need to multiply win percentage by 3, correct is by 4.
If you have any ideas, comments, questions, please share here or on the mail: firstname.lastname@example.org
Inverted Hammer – normal pattern testing (Ultimate Pattern Builder) FOREX finviz forex