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Might want to try adding a momentum filter[chapter 8].
I do that in TF+.
Bob
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Michel Guibert
> Sent: Tuesday, October 24, 2000 9:17 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Candlestick
>
>
> I recently bought Candlestick charting explained from Gregory L. Morris
>
> At the end of the book, there is a candle pattern ranking, I
> choose the bests
> one
> Three white soldiers
> Three outside up, which I convert by an Engulfing pattern
> followed by a white
> candle
> Three inside up, which I convert by a bullish harami followed by a white
> candle
> Morning star
> Separating lines
>
> I convert all that in an expert and try to apply on a few stocks,
> results are
> very poor, in fact a macd is far better.
> Am I totally wrong with the formula, does somebody make some
> tests to discover
> the best candlestick indicators and is willing to share them ?
> Any opinion welcome.......
>
> The expert is:
> *******************************************************
>
> 3WhiteSoldiers()
> OR
> MorningDojiStar()
> OR
> (SeparatingLines() AND C > Ref(C,-1))
> OR
> (Ref(EngulfingBull(),-1) AND C >Ref(C,-1) AND LOW >Ref(LOW,-1))
> OR
> (Ref(BullHarami(),-1) AND C >Ref(C,-1) AND LOW >Ref(LOW,-1))
> *********************************************************
>
> Michel Guibert
>
>
>
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