Pattern occurrence scanner for candlestick, P&F and Renko
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Hi Team
Can we get a pattern occurrence scanner for different time frame so that we can create our strategy accordingly based on that pattern occurrence?
For example, I want to know which pattern occurred the most on Reliance stock chart for 5 mins or daily. Once we know that we can create our strategy in system builder and backtest.
It would be great to run this on specific stock, group or ETF
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@Akash hello,
You can use the Pattern Finder scanner in RZone (RZone → Smart Scanners → Pattern Finder) and run it on your preferred time frame. There is also a backtesting button provided, which does exactly what you are looking for.
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@Prasiddh-Shroff This shows which patterns are currently occurred on the chart but i want to know since last 1 year which patterns mostly formed on the chart so that i can make a scanner using that pattern and backtest as well. This could help in Algo as well.
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@Brijesh-Bhatia requesting if sample startegies can be introduced in algostra with more frequest occuring patterns this will be helpful to forward test and can make things convenient , as pointed rightly which pattern occurs most during intraday in certain TM i.e 5mins , 15 mins etc ,
