Blog
Insights & Analysis
How Stop Loss Placement Distorts Chart Pattern Win Rates
Stop losses placed from daily bars sit inside normal intraday movement: across 6,000 stocks they stopped out 33% of chart pattern trades. Recalibrating on intraday data cut that to 18%, dropped nine of sixteen patterns from our daily list, and left the achieved win rate unchanged at 60.8%.
Chart Pattern Backtesting Results: What We Learned from 370,000 Detections
Chart pattern backtesting results from 370,000 detections: textbook-perfect patterns underperform. Our stock pattern scanner reveals why imperfect ascending triangles, deep rounding bottoms, and moderate volume spikes beat conventional technical analysis and how to find them systematically.
How to Find High-Probability Stock Setups Before They Break Out (Part 2)
Learn how our systematic stock pattern detection system scans 6,000+ NASDAQ and NYSE stocks daily to identify 16 bullish breakout patterns using a three-dimensional scoring methodology — before the market opens.
How to Find High-Probability Stock Setups Before They Break Out
This is Part 1 of a two-part series on building an automated stock screening system for breakout detection. We'll explore the problem most technical traders face and how algorithmic pattern recognition solves it. In Part 2, we dive into the technical architecture, the 16 bullish chart patterns ...