Bat Pattern Statistics and Performance Results

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Bat Pattern Statistics and Performance Results

As leaders in the industry with over a million patterns in our database, FXGroundworks has the largest historical database of harmonic patterns in the currency markets.  With all of these patterns and data we’re able to publish a lot of numbers that might change how your doing you’re own harmonic trading.

In this article we’ll be discussing the Bat Pattern (click here for more on the ratios) and how it is effected over many different time frames.

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How do we marry Probability and Price Action?

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How do we marry Probability and Price Action?

How do we trade price action?  Generally, with great difficulty.  There is much written about candlestick patterns and how to read them.  However is there any guarantee that after a Doji appears, price will change direction?  What about ‘three white soldiers’?  Will they march in the direction you want them to?  Not necessarily.  Sometimes candlesticks can be useful as a reversal signal, but like everything, they need to be considered ...

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The Study of Harmonic Patterns

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The Study of Harmonic Patterns

The Study

There’s been a lot of work done on Harmonic Patterns and although there has been some great work by some wonderful people, we decided to do our own study on a large number of trades and their potential results. I also wanted to shed some light on the aspects of the research we did and give some clarity to the study.

The “Rules” To Be Marked As “Successful”

We looked at approx 100,000 of the main patterns in the study. In ...

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