Hey, gyus. Here's the research work on bats I did about two years ago. I classified bats according to the criteria mentioned on the chart and backtested every type. I used 5 min charts on 5 year period. This time I present you eurusd results. Every pattern was found and measured manually.
Komen
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no taget adjustment, no 90% CD rule, no C-point invalidation were implemented in this research. These rules appeared later after I decided to trade SNSP type only, developed the Pattern Search Software to scan for those types and did a profound research on Optimizing the rules of engagement and trade management programmatically.