Consecutive Candle Count Momentum Strategy

9 ก.พ. 2020

Very simple strategy based on consecutive candle count. Simple but can be very profitable if you know how to execute.

Example:
- Buy when consecutive up closes exceeds 3
- Sell when consecutive down closes exceeds 3

For a buy signal, if price closes higher within 5 candles, it is defined as a win.
For a sell signal, if price closes lower within 5 candles, it is defined as a win.

Win rates for buy/sell signals are calculated over history of security.