Point & Figure Patterns: trade success statistics

This is a discussion on Point & Figure Patterns: trade success statistics within the Technical Analysis forums, part of the Methods category; So yesterday night I've come across this interesting document from Fidelity which says that a "triple top" pattern in a ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Nov 3, 2016, 1:32pm   #1
 
6 Posts
Joined Nov 2016
Point & Figure Patterns: trade success statistics

So yesterday night I've come across this interesting document from Fidelity which says that a "triple top" pattern in a point and figure chart with 60 day hold has a 91.71% success rate and 11.7% on average trade.

That seems really really strange, but what do you think? I can't believe those rates, do you?
Attached Thumbnails
screen-shot-2016-11-03-12.27.36.png  
__________________
Finding the script that will make some £££.
30seconds is offline   Reply With Quote
Old Nov 3, 2016, 1:33pm   #2
tar
 
tar's Avatar
Joined Nov 2006
Most of the time i trade without any chart ...
tar is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Article: Testing Point & Figure Patterns T2W Bot Educational Resources 0 May 20, 2016 1:00pm
Article: Point and Figure Price Trade Charting - Part 2 (Staying in the Trade Longer) T2W Bot Educational Resources 0 Jul 1, 2014 3:06pm
Point&Figure subarashi Trading Journals 39 Dec 18, 2009 2:40am
Point & Figure spreadbet Technical Analysis 2 Jul 21, 2003 7:41am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)