SPX"s Japanese candlestick trading signals since inception 1957
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Hey Traders , what's up. I know that there is allot of data, i hate that as every one else does. But, if you want to keep it simple just study, analyze and write down the Red & Green boxes they should sum up most of the study. I have included all the data here . So feel free to redo, redistribute, reuse or shar it here or outside of tradingview with anyone even with out mentioning the source. from me to humanity whom are trading SPX : - ). Moreover, If anything that this data is telling us in a very short English terms "Do not chase tops on monthly candles !!! " . Also, some monthly candles could be treated as bullish data suggesting that !!! what's up with that!!! no Golden rule for these candles.
Spinning Top Black 21 times : since Dec, 1961 Just looks like Evening star !!! Reds i'll treat them like bearish signals just for the record : - ) -------------------------------------------------------- profit Opportunity cost zero 300% 54 zero 6.40 zero zero 340 % 17.33 zero zero 17.18 zero 7.95 zero 34.49 % zero 19.98% 22.11 zero 10.31 zero zero 5.56% 3.61 zero 37.19 zero zero 8.21 9.48 zero zero 4.92 8.70 zero zero 28.87% 28.23 zero *********************************************************************************** Long Upper Shadow 15 times: since Nov, 1950 --------------------------------------------------------- Profit Opportunity Cost 31.80 zero zero 16.10 zero 6.28 zero 4.8 Zero 23.55 Zero 145 Zero 69.85 21.39 zero 28.49 zero 2.97 zero zero 22.31 zero 9.51 3.70 zero 2.30 zero zero 11.62 *********************************************************************** Hanging Man 8 times: Since Nov, 1951 ------------------------------------------------------- Profit Opportunity Cost 18.62 Zero 2.11 Zero Zero 3.83 Zero 6.29 Zero 12.98 Zero 17.11 Zero 49.01 Zero 16.22 ********************************************************************** Engulfing 15 signals: since Feb, 1952 -------------------------------------------- Profit Opportunity Cost Zero 23.33% Zero 17.77 13.47 zero 11.46 zero zero 13.36 4 zero zero 57 zero 27.77 zero 81.35 Zero 124.44 6.06 zero 20.76 Zero Zero 12.67 5.95 Zero Zero 14.01 ************************************************************* Marubozu Black 5 times ! : Since Apr, 1952 -------------------------------------------- profite opportunity cost zero 23.31 zero 62.06 8.11 zero zero 112 zero 15% ************************************************************ Tweezer Top 13 times : since April, 1956 ---------------------------------------------------- Profit Opportunity cost 12.36 zero 4.25 zero 3.81 zero zero 60.73 zero 34.73 zero 7.47 4.16 zero zero 14.45 zero 47.07 9.41 zero 15.14 zero 7.04 zero 12.38 zero ************************************************************* ******************************************************************************************************************************** 2/Bullish.
Long Lower Shadow-Bull 27 times : since Jul,1950 ----------------------------------------------------- Profit Cost 37.20 8.53 8.28 49.59 3.38 22.42 20.42 zero 46.23 273.66 37.93 60.27 zero 8.84 40.87 zero zero 36.73 zero 33.39 3.72 19.43 3.83 6.62 6.29 14.01 4.61 25.32 18.08 2.53 8.62 44.87 ****************************************************** Marubozu White -Bull 26 times : Since Sep, 1950 -------------------------------------------------------- profit cost zero 4.60 21.45 12.15 71.55 36.09 2.3 4.15 46.07 19.25 5.86 9.08 4.01 21.27 3.85 zero 14.17 11.21 3.25 11.88 5.79 8.35 3.90 2.36 zero 4.92 3.74 2.45 3.36 ************************************************************ Spinning Top White19 times : since March 1950 Just looks like Evening star !!! Whites i'll treat them like Bullish signals just for the record : - ) --------------------------------------------------------- Profit opportunity cost zero 19% 14.20 zero 86.64 zero 29.22 zero 44.90 zero zero 31.81 8.06 zero zero 9.45 6.35 zero 17.18 zero 24.60 zero zero 4.01 10.78 zero zero 3.35 12.22 zero zero 4.94 zero 4.94 47.61 zero 13.65 zero -------------------------------------------- Summery: 63% bullish *********************************************************************************** Rising Window 21 times: Since May, 1950 -------------------------------------------------------- Profit Cost 2.51 8.04 11.22 6.11 1.85 zero 3.90 zero 8.29 12.83 13.72 26.85 3.85 3.85 zero 9.03 6.25 54.19 3.62 zero 4.28 zero 3.50 zero 11.18 ******************************************* Long Lower Shadow-Bull is actually a Doji 52-53-54-
Or inverted hammer 63-86-88!!!! I might be wrong or tradingview is wrong or something else is wrong!!! **************************************************
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.