His data shows that while volume during the pattern's formation is often a poor predictor, heavy volume on the breakout day significantly boosts performance in 91% of candle types.
Here is why this 900-page "trader’s bible" remains essential for anyone moving from gambling to systematic trading. 1. The Death of Conventional Wisdom Encyclopedia of Candlestick Charts Thomas N. Bu...
If you have ever traded a Hammer or an Engulfing pattern because it "felt right," Thomas N. Bulkowski has a reality check for you. In his seminal work, the Encyclopedia of Candlestick Charts , Bulkowski replaces trading folklore with cold, hard statistics, analyzing over 100 patterns across millions of price bars. His data shows that while volume during the
There are 412 different combinations of 103 candles that acted as reversals or continuations in bull and bear markets. Of the 412, The Death of Conventional Wisdom If you have