Strategy Japanese candlestick pattern recognition

This strategy is based on Japanese candlestick pattern recognition.

For bullish signals

  • Bullish engulfing
  • Hollow clamp
  • Morning doji star
  • Morning star
  • Bullish counterattack line
  • Separating line bullish
  • Bullish penetrating

For bearish signals

  • Bearish engulfing
  • Dark cloud cover
  • Evening Doji Star
  • Evening star
  • Bearish harami
  • Separating line bearish
  • Bearish counterattack line
  • summit clamp

For continuation signals

  • Shooting star
  • Inverted hammer

Efficieny rate of the strategy Japanese candlestick pattern recognition on CAC40 companies on

Evolution of the efficiency rate of the strategy Japanese candlestick pattern recognition


Methodology applied :

The methodology applied to calculate the efficiency of a strategy is as follows:

  • Bullish and bearish signals are calculated every evening when the market is closed.
  • The reference price corresponds to the opening price following the detection of the signal.
  • The gain or the loss is calculated over a period of 40 days following the detection of the signal by taking the highest closing price recorded over the period.
  • This period is reduced in case of detection of an inverse signal.
  • The efficiency rate is calculated by dividing the sum of gains and losses on the sum by the sum of the gains.

This efficency is displayed in %.