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All About Trading!
Is This New Candlestick Pattern Better Than the Doji Pattern?

Is This New Candlestick Pattern Better Than the Doji Pattern?

Back-testing the Golden Pattern and the Doji Pattern

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Jul 12, 2023
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All About Trading!
All About Trading!
Is This New Candlestick Pattern Better Than the Doji Pattern?
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In previous articles, we have discussed and coded the Doji and the Golden candlestick patterns. This article develops a simple back-test on both and compares them using the same parameters on the same markets. The aim is to have a basic idea on the profitability. The other aim is to show the potential of moden candlestick patterns over classic ones.

The …

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