The Candlestick Patterns section in the Scanner module is designed to provide a detailed and comprehensive analysis of candlestick patterns identified during backtesting. This section is divided into four key parts:

Pattern Statistical Analysis

This part offers an in-depth statistical breakdown of each detected candlestick pattern. It includes metrics such as win rates, frequency of occurrence, and various performance indicators. Traders can use this information to evaluate the effectiveness and reliability of different candlestick patterns in various market conditions.

Pattern Rank

In the Pattern Rank section, patterns are ranked based on their overall performance and reliability. This ranking helps traders quickly identify the most and least effective patterns, allowing them to focus on the patterns that have historically shown the best results.

Performance After X Intervals

This section provides a performance analysis of patterns over different intervals. It shows how patterns perform after a specified number of intervals, giving traders insights into the longevity and sustainability of the patterns' effectiveness over time.

Patterns

The Patterns section lists all detected candlestick patterns along with detailed attributes such as the instrument, timeframe, pattern start and end times, status, theoretical behavior, signal, trend, and whether the pattern was broken. Additionally, it includes a chart visualization to help traders visually confirm and analyze the patterns within the price data context.

Together, these sections provide traders with a robust framework for analyzing and leveraging candlestick patterns in their trading strategies, backed by statistical evidence and visual confirmation.