Hello, everyone. Welcome back to another edition of "thoughts about bat pattern". Today we'll continue discussing bat pattern types. We'll look at SNSI and SFSI types. They are very similar to HSNSI and HSFSI I talked in my last edition:
As you see the difference is only in XA leg.
With that being said let's skip to some statistics.
As usual I will first remind you the avarage success rate of bats for eurusd , gbpusd and audusd. By success rate I mean the probability of price action to hit 0,382AD BEFORE 1,113XA. It is critical! So, average success rate for bats: On eurusd it is 53,52%, gbpusd – 52,39%, audusd – 51,53%. We have these results if we trade ALL the bats we can find.
I’ve been testing SNSI and SFSI on M5 TF on 4-year period data and got the following features (I will only talk about eurusd , gbpusd and audusd as examples):
Frequency:
SNSI: On eurusd I found 30, on gbpusd – 28 and on audusd – 28. Not very frequent type.
SFSI: On eurusd I found 9, on gbpusd – 12 and on audusd – 9. A rare type.
Success rate:
SNSI: On eurusd it is 40%, on gbpusd – 57,14%, on audusd – 35,71%.
SFSI: On eurusd it is 77,77%, on gbpusd – 33,33%, on audusd – 44,44%
As you see trading SNSI type only on gbpusd and trading SFSI only on eurusd is a way to improve your trading results. Aussie is not friendly to either of these types))
Ok, mates. That is all for today. Next time I will explain HSNDP and HSFDP. If you find the information interesting – click “thumb-up”. If you don’t want to miss the next edition – subscribe. Hope to see you again.
With that being said let's skip to some statistics.
As usual I will first remind you the avarage success rate of bats for eurusd , gbpusd and audusd. By success rate I mean the probability of price action to hit 0,382AD BEFORE 1,113XA. It is critical! So, average success rate for bats: On eurusd it is 53,52%, gbpusd – 52,39%, audusd – 51,53%. We have these results if we trade ALL the bats we can find.
I’ve been testing SNSI and SFSI on M5 TF on 4-year period data and got the following features (I will only talk about eurusd , gbpusd and audusd as examples):
Frequency:
SNSI: On eurusd I found 30, on gbpusd – 28 and on audusd – 28. Not very frequent type.
SFSI: On eurusd I found 9, on gbpusd – 12 and on audusd – 9. A rare type.
Success rate:
SNSI: On eurusd it is 40%, on gbpusd – 57,14%, on audusd – 35,71%.
SFSI: On eurusd it is 77,77%, on gbpusd – 33,33%, on audusd – 44,44%
As you see trading SNSI type only on gbpusd and trading SFSI only on eurusd is a way to improve your trading results. Aussie is not friendly to either of these types))
Ok, mates. That is all for today. Next time I will explain HSNDP and HSFDP. If you find the information interesting – click “thumb-up”. If you don’t want to miss the next edition – subscribe. Hope to see you again.
