Hi everyone, I am freshman in here. I would to the screen high tight flag with the following criteria:
- they must have formed a handle within the last 3 weeks of trading
- the handle must be at least 5 days long
- the decline in the handle must be no more than 20%
- there must have been a gain of at least 100% in the eight weeks prior to the handle formation
- there is no minimum price or volume requirement
And also how to backtest the all historical high tight flag pattern, I would like to see how they end up and the average profit and drawdown.
Looking forward to you guys’ help.
here are the reference:https://www.breakoutwatch.com/bow-high-tight-flag-pattern
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