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The Hexad Pattern Recognition in TradingView
Coding a Hexad Candlestick Pattern Scanner in TradingView
Candlestick patterns deserve to be studied thoroughly and even though a strategy relying solely on them will be unstable and unprofitable, they can be a valuable addition into a full trading system that uses other techniques. In this article, you will see a full presentation and code of a six-candle reversal pattern.
For the complete collection of candlestick patterns in detail with back-tests and technical strategies, you can check out my newest book with O’Reilly Media. The book features a huge number of classic and modern candlestick patterns as it dwelves into the realm of technical analysis with different trading strategies. The book comes with its own GitHub and is dynamic in nature as it is continuously updated and questions are answered on the O’Reilly platform promptly.
The Hexad Pattern
Candlestick charts are among the most famous ways to analyze the time series visually. They contain more information than a simple…