As a visual element of the chart, candlestick displays the price of an asset on a given timeframe. And candlestick patterns are historically established patterns of the location of certain types of candles that can indicate a predicted price change.
The key word here is “can.” Since candlestick patterns prove to be correct in only 50% of cases. Therefore, in our indicator, we do not use a standard analysis of candlestick combinations, but combine it with many other types of analysis. Thanks to this, the maximum accuracy of the signals is achieved.
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