mql5

Contents

• Introduction
• 1. Theoretical aspects of the pattern formation
• 2. Pattern trading strategy
  
  • 2.1. Case 1
  • 2.2. Case 2
  • 2.3. Case 3
  
  
• 3. Creating the EA
  
  • 3.1. Searching for extremums
  • 3.2. Pattern search
  • 3.3. Developing the EA
  
  
• 4. Testing the strategy
• Conclusion

The analysis conducted in the article "How long is the trend?", shows that the price remains in trend for 60% of the time. This means opening a position at the beginning of a trend yields the best results. The search for trend reversal points has generated a large number of reversal patterns. The Double top/bottom is one of the most well-known and frequently used ones.

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