As of 02/21/2025
Indus: 43,428 -748.63 -1.7%
Trans: 16,034 -430.64 -2.6%
Utils: 1,023 +3.75 +0.4%
Nasdaq: 19,524 -438.35 -2.2%
S&P 500: 6,013 -104.39 -1.7%
|
YTD
+2.1%
+0.9%
+4.1%
+1.1%
+2.2%
|
|
As of 02/21/2025
Indus: 43,428 -748.63 -1.7%
Trans: 16,034 -430.64 -2.6%
Utils: 1,023 +3.75 +0.4%
Nasdaq: 19,524 -438.35 -2.2%
S&P 500: 6,013 -104.39 -1.7%
|
YTD
+2.1%
+0.9%
+4.1%
+1.1%
+2.2%
| |
| ||
Initial release on x/x/2025. This page is under construction.
Pattern | % Up Breakout | Hit 2x Target | Average Profit/Trade | Inbound Trend Direction | Price Bars | Beat Benchmark? |
2-Dance | 54% | 40% | $54.37 | Up | 2 | Yes |
2-Dance | 54% | 40% | $83.54 | Down | 2 | Yes |
2-Close, bullish | 71% | 38% | $76.96 | Up | 3 | Yes |
2-Close, bullish | 71% | 38% | $83.09 | Down | 3 | No |
2-Close, bearish | 35% | 35% | $56.52 | Up | 3 | No |
2-Close, bearish | 35% | 35% | $92.77 | Down | 3 | Yes |
This is the benchmark performance in stocks. When I did the small patterns tests, I picked from 1 to 7 price bars and logged how those patterns performed. I would call the selection random, except I skipped several in a row to keep the sample counts reasonable. Entry was a penny above the highest price bar in the pattern. Exit was a stop loss a penny below the lowest low in the pattern. Target exit was twice the height of the pattern added to the top of the pattern. There were other conditions, such as a minimum stock price of $5. See Method for details. In other words, I used the same trading rules in the same stocks except the patterns chosen here did not have any identification guidelines.
Some patterns use weekly data (horns, pipes) and one pattern needed the entry to be delayed for a week.
Pattern | % Up Breakout | Hit 2x Target | Average Profit/Trade | Inbound Trend Direction | Price Bars |
1 bar benchmark | 51% | 41% | $32.55 | Up | 1 |
1 bar benchmark | 51% | 41% | $62.36 | Down | 1 |
1 bar benchmark, delayed | 52% | 49% | $29.08 | Up | 1 |
1 bar benchmark, delayed | 52% | 49% | $51.85 | Down | 1 |
2 bar benchmark | 52% | 37% | $48.01 | Up | 2 |
2 bar benchmark | 52% | 37% | $68.70 | Down | 2 |
2 bar benchmark, using weekly data | 58% | 38% | $200.96 | Up | 2 |
2 bar benchmark, using weekly data | 58% | 38% | $253.78 | Down | 2 |
3 bar benchmark | 53% | 36% | $73.54 | Up | 3 |
3 bar benchmark | 53% | 36% | $83.91 | Down | 3 |
3 bar benchmark, using weekly data | 61% | 38% | $232.18 | Up | 3 |
3 bar benchmark, using weekly data | 66% | 38% | $259.81 | Down | 3 |
4 bar benchmark | 54% | 36% | $88.58 | Up | 4 |
4 bar benchmark | 54% | 36% | $100.27 | Down | 4 |
5 bar benchmark | 55% | 36% | $102.71 | Up | 5 |
5 bar benchmark | 55% | 36% | $131.16 | Down | 5 |
7 bar benchmark | 57% | 35% | $138.22 | Up | 7 |
7 bar benchmark | 57% | 35% | $145.03 | Down | 7 |
Pattern | % Up Breakout | Hit 2x Target | Average Profit/Trade | Inbound Trend Direction | Price Bars | Beat Benchmark? |
2-Dance | 57% | 43% | $49.24 | Up | 2 | Yes |
2-Dance | 57% | 43% | $76.71 | Down | 2 | Yes |
2-Close, bullish | 70% | 38% | $36.16 | Up | 3 | No |
2-Close, bullish | 70% | 38% | $41.52 | Down | 3 | No |
2-Close, bearish | 36% | 36% | $48.23 | Up | 3 | No |
2-Close, bearish | 36% | 36% | $52.20 | Down | 3 | No |
This is the benchmark performance in exchange traded funds (ETFs). Selection and trading is the same as described for the stock benchmark except I picked from ETFs.
Pattern | % Up Breakout | Hit 2x Target | Average Profit/Trade | Inbound Trend Direction | Price Bars |
1 bar benchmark | 53% | 49% | $38.39 | Up | 1 |
1 bar benchmark | 53% | 49% | $49.24 | Down | 1 |
1 bar benchmark, delayed | 54% | 56% | $31.17 | Up | 1 |
1 bar benchmark, delayed | 54% | 56% | $29.98 | Down | 1 |
2 bar benchmark | 55% | 41% | $48.84 | Up | 2 |
2 bar benchmark | 55% | 41% | $51.31 | Down | 2 |
2 bar benchmark, using weekly data | 60% | 39% | $174.53 | Up | 2 |
2 bar benchmark, using weekly data | 60% | 39% | $180.35 | Down | 2 |
3 bar benchmark | 55% | 39% | $68.94 | Up | 3 |
3 bar benchmark | 55% | 39% | $68.34 | Down | 3 |
3 bar benchmark, using weekly data | 62% | 40% | $213.50 | Up | 3 |
3 bar benchmark, using weekly data | 62% | 40% | $213.94 | Down | 3 |
4 bar benchmark | 56% | 38% | $85.22 | Up | 4 |
4 bar benchmark | 56% | 38% | $83.76 | Down | 4 |
5 bar benchmark | 58% | 38% | $99.79 | Up | 5 |
5 bar benchmark | 58% | 38% | $90.88 | Down | 5 |
7 bar benchmark | 58% | 38% | $110.80 | Up | 7 |
7 bar benchmark | 58% | 38% | $145.44 | Down | 7 |
Pattern | % Up Breakout | Hit 2x Target | Average Profit/Trade | Inbound Trend Direction | Price Bars | Beat Benchmark? |
2-Dance | 51% | 44% | $136.43 | Up | 2 | No |
2-Dance | 51% | 44% | $224.85 | Down | 2 | Yes |
2-Close, bullish | 74% | 43% | $173.84 | Up | 3 | No |
2-Close, bullish | 74% | 43% | $170.38 | Down | 3 | No |
2-Close, bearish | 31% | 41% | $296.56 | Up | 3 | Yes |
2-Close, bearish | 31% | 41% | $27.75 | Down | 3 | No |
This is the benchmark performance in cryptocurrency. Selection and trading is the same as described for the stock benchmark except I picked from cryptocurrencies.
Pattern | % Up Breakout | Hit 2x Target | Average Profit/Trade | Inbound Trend Direction | Price Bars |
1 bar benchmark | 51% | 45% | $146.81 | Up | 1 |
1 bar benchmark | 51% | 45% | $122.37 | Down | 1 |
1 bar benchmark, delayed | 50% | 54% | $152.49 | Up | 1 |
1 bar benchmark, delayed | 50% | 54% | $112.00 | Down | 1 |
2 bar benchmark | 51% | 43% | $214.65 | Up | 2 |
2 bar benchmark | 51% | 43% | $147.18 | Down | 2 |
2 bar benchmark, using weekly data | 58% | 55% | $648.76 | Up | 2 |
2 bar benchmark, using weekly data | 58% | 55% | $537.68 | Down | 2 |
3 bar benchmark | 49% | 43% | $224.62 | Up | 3 |
3 bar benchmark | 49% | 43% | $209.61 | Down | 3 |
3 bar benchmark, using weekly data | 58% | 53% | $630.42 | Up | 3 |
3 bar benchmark, using weekly data | 58% | 53% | $765.20 | Down | 3 |
4 bar benchmark | 48% | 45% | $358.38 | Up | 4 |
4 bar benchmark | 48% | 45% | $250.23 | Down | 4 |
7 bar benchmark | 54% | 45% | $320.01 | Up | 7 |
7 bar benchmark | 54% | 45% | $253.40 | Down | 7 |
-- Thomas Bulkowski
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