Alexander_Nikitin

16 types of Bat advanced pattern by Alexander Nikitin

Education
Alexander_Nikitin Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hey, mates. Here's the research work on bat patterns that I have done about two years ago. I described the bats according to the criteria mentioned on the chart. Then I did the backtesting of 5 year period on 5Min timeframe on different pairs. This one is AUDUSD results. The percentage shows the probabilty of price to hit 0.382AD before it hits 1.13XA. If no number - this means no patterns of this type were found or the quantity is extremely small to show some relevant statistical results. Enjoy it. Next time I will post other pairs, so follow me to be notified:)
Comment:
sorry, in the last row they should be "double bottom flag" instead of "double bottom no flag":)

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