Stop Guessing!⚠️ Build Simple 3 Bars Pattern Strategy🎯

🔍 Discover the secret to building a robust trading strategy with the 3 Bars Pattern! In this video, I’ll show you how to optimize for market edge and boost your success rate as a beginner trader.
No more guessing or forcing strategies! Learn to align Market Edge with strategy direction and style. Watch till the end for exclusive tips from my Algo Trading Masterclass! 📈
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DISCLAIMER: None of what I talk about to be construed as investment advice, I am not a financial adviser nor a CPA. The videos are for educational and entertainment purposes only. The information presented in the video is accurate as of the posting date of the video and might not be accurate in the future. All links in the description might have some affiliate links and I may receive a small commission. I only share the tools and resources that I love and use regularly. Thank you so much for your support! 😍
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Ali Casey here from StatOasis channel, I post about Finance, Investing, Algorithmic Trading and everything else in between.
I strive to provide the best education on the subjects mentioned above, the goal is take control of your financial future. If you like what you read, then subscribe and if you're still reading this, you rock! thank you ❤️

[@inLOVEwithPK]

Ali, thank you so much! I think this might be my favorite video you have made yet! I'm blown away by the simplicity of thinking about these strategies in binary terms, yet don't think I would come up with that myself in a million years.

[@StatOasis]

Glad you like it, Simple works 😊

[@dietkebab]

I agree. It is probably his best video. Simple and succinct.

[@mattmatt245]

Can SQX perform a full cross validation of the strategy ? Say, that I have a day trading strategy and ten years worth of data. I want to leave two years for out of sample testing in each iteration. So, it needs to test 45 combinations and calculate an average score. Can it do that ?

[@StatOasis]

you can do a lot of things inside SQX, like validation and then IS and then OOS, with different periods for each segment, etc.

[@mattlewis-UK]

So simple yet so effective. Should help with risk of overfitting too. Excellent!

[@StatOasis]

Thank you! I'm glad you found it helpful. Keeping strategies simple can indeed reduce the risk of overfitting.

[@uiop5898]

Thanks. I'm not sure to understand the Vix strategy short breakout though.

[@StatOasis]

Vix is mean reversion short using one of the 8 patterns. Its not important, i just want convey the idea to start with market edge and then choose strategy style and direction. So you can easily use any oscillator to short the vix and it will work.

[@uiop5898]

Thanks.

[@hb7of9]

Amazing stuff.

[@StatOasis]

Glad you enjoyed it

[@iameladlevi]

Ali, isn’t it the same all Larry 3 down bars?

[@StatOasis]

This pattern only compares the close to previous close. Larry compare high to previous high and low to previous low

[@adinan1000]

Hi Ali, You said the strategies are not correlated. But how is this calculation done? Could you explain? Thanks.

[@StatOasis]

you take the weekly profit and loss of every strategy and if every week strategy A and strategy B are winners then they are positively correlated and vice versa. low correlation means that their win/loss are not happening at the same time, when measured on weekly basis. you can do this on any timeframe, but these strategies don't trade everyday of the year.

[@Zorny11]

The example patterns doesnt make any sense. Are we talking standard candles here? Where the open of a candle = close of the previous candle? How can you have 2 bullish bars in a row, where the close is lower than the previous? That simply doesnt make any sense.

[@StatOasis]

I think you are a forex trader and used to see the open=close In all other markets there is a gap (up or down) between the open and the close. If you want to find those patterns in forex then you can build custom sessions. For example you can track New and Europe only and the asian session will show gaps