Quadrant patterns with 1 minute cataloging.
This script simulates the quadrants between candles from minute 1 to 5.
set your time frame to 1M.
Ready, now we have our quadrants and we will do the analysis of these patterns using them.
Green circles indicate winning trades, and blue circles Martingale steps.
Counting candles within the quadrants (time frame m1 )
MHI
There are several variants of MHI . In our cataloguer we offer 3 variants. MHI 1, 2 and 3.
The analysis is carried out from the last three candles in the last quadrant. And the entry is made: on the first candle of the current quadrant ( MHI 1), on the second candle of the current quadrant ( MHI 2) and on the third candle of the current quadrant ( MHI 3).
MHI 1
Entry into the first candle after the quadrant analysis. First martingale (in case of loss) in the second candle and second martingale (in case of two losses) in the third candle.
MHI 2
Entry into the second candle after the quadrant analysis. First martingale (in case of loss) on the third candle and second martingale (in case of two losses) on the fourth candle.
MHI 3
Entry into the third candle after the quadrant analysis. First martingale (in case of loss) on the fourth candle and second martingale (in case of two losses) on the fifth candle.
The million dollar pattern
It is an analysis very similar to that of the MHI , with the difference that it is in the entire quadrant.
The million analysis consists of looking at all the candles in the last quadrant and entering the first candle of the current quadrant saying that that first candle will be the same color as most of the last quadrant.
In cases where we have the same number of candles (3 red and 3 green) we do not trade! And the cataloger will not count these operations.
Three Neighbors Pattern
The analysis of the pattern of the three neighbors will always be in the third candle of the quadrant. Either in M5 or M1 . And it consists of observing the third candle and entering the following ones saying that it will be the same.
Pattern C3
The C3 pattern is also an analysis in the candlestick count. We will enter the first
quadrant candle saying that it will be equal to the first candle of the last quadrant.
In the case of 1 martingale we will enter the third candle saying that it will be equal to the third candle of the last quadrant.
And finally, in need of a second martingale, the entry will be in the fifth candle saying that it will be similar to the fifth of the last candle.
Moonwalker Pattern
The moonwalker pattern is also a quadrant pattern. Our entries will be in the first, second and third candles of the current quadrant.
The analysis is performed on the third, second and first candle of the last quadrant.
The entry of the first candle will be observed in the third candle of the last quadrant, being the opposite color to that observed. Being necessary a martingale, we make our entry into the second candle that claims the opposite color to the second candle in the last quadrant. Finally, our second martingale will be on the third candle of the current quadrant with analysis in which the color will be opposite to the first candle of the last quadrant.