Useful on TFs >= 1 week, I reckon. With daily TF or less, it's really hard to find any sort of edge in backtesting candle patterns.
3-candle patterns seem better than single candle patterns. Agree?
I only use spring and upthrust bars, and even then, usually only at the extremes of price action do they have meaning.
Day traders' weekend lounge May 24 - 26, page-15
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