Scanner Settings

All statistics presented on this website were produced by CandleScanner.

The efficiency statistics for daily stock charts were calculated with the following settings:

  • Stop Loss: -3.5%
  • FALSE efficiency: below 0.3%
  • LOW efficiency: between 0.3% and 2%
  • MEDIUM efficiency: between 2% and 3.5%
  • HIGH efficiency: above 3.5%

Please watch the video below to learn more details how CandleScanner measures the candlestick pattern efficiency.

Comments are closed.