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:)
Komen
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sorry, in the last row they should be "double bottom flag" instead of "double bottom no flag":)
Hi Great job .What do you mean by perfect/imperfect ? Tnx
Alexander_Nikitin
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@paulselvan, We iether have a staight CD or we have it interrupted by a correction which is at least 0.382AB large
bo.anev
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The work you've done in mindblowing for me. I'm struggling to backtest bat on 15M chart for 4 years of data. And I am not even distinguishing between the different types, as described by you!
Keep up with the good work!!!
Alexander_Nikitin
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@Bo.anev, thank you:) keep on following 'cause I am going to post more pairs:)
Resilience
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Great job Alexander, may I ask how many bat patterns have you evaluated in total during these last 5 years? Thanks!