New article Merrill patterns has been published:
In this article, we will have a look at Merrill patterns' model and try to evaluate their current relevance. To do this, we will
develop a tool to test the patterns and apply the model to various data types such as Close, High and Low prices, as well as
In order to clarify how and for what data we are going to apply Merrill patterns, we need to understand what they actually are. The main two
categories are the patterns resembling the letters M and W. They are called M and W patterns. Each of the categories contains 16
Fig. 1 represents 16 M patterns. As we can see, the difference is in the mutual arrangement of the five points that make up the
Author: Alexander Fedosov
What's the point of this? There are a lot of configuration options. Everyone can choose something of their own.