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Candlestick Probability

Candlestick pattern probability analysis. View the historical win rate probabilities for 360+ candlestick patterns per stock.

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Candlestick Probability Key Features

360+ Candlestick Patterns

Get the win and loss probabilities for over 360+ candlestick patterns.

Multiple Timeframes

Identify pattern probabilities for the daily, weekly, and monthly timeframes.

Pattern Types & Signals

Reversal, continuation, and indecision pattern types. Confirmed and fakey signals.

Historical Probabilities

Get the pattern probabilities by year for a stock using its entire price history data.

Overall Probabilities

Get the overall win / loss probabilities per candlestick pattern using all stocks.

Multi-Line Patterns

1-line, 2-line, 3-line, 4-line, and 5-line candlestick patterns.

Get probabilities for 360+ patterns

Candlestick Probability Key Takeaways

  • Probabilities for 360+ candlestick patterns.

  • Patterns on daily, weekly, and monthly timeframes.

  • Fakey (false signal) and confirmed patterns.

  • Reversal, continuation, and indecision patterns.

  • 1-line, 2-line, etc., and 5-line candlestick patterns.

  • Pattern probabilities for thousands of stocks.

Get Candlestick Probability

What is Candlestick Pattern Probability?

Candlestick pattern probability refers to the odds of winning or losing a trade based on using a candlestick pattern as an entry or exit rule to opening or exiting a position.

Stock traders use candlestick patterns to enter and exit trades. If a trader knows the probability of a candlestick pattern correctly predicting the price direction of a stock, they can optimally size their positions relative to the risk and probability of winning and losing.

Pattern probabilities help traders be pragmatic and trade with high probability. If a pattern you trade has a low probability of winning per a stock, then it's likely not a good trade.

Candlestick pattern probabilities

Master Lookup Pattern Probabilities

We created a master lookup table for candlestick pattern probabilities to quickly estimate the probability of 350+ candlestick patterns.

Our master lookup table is powered by an aggregation of 9,500+ stocks and their collective 30+ years of historical price data that we use to calculate the pattern probabilities.

Processing millions of data points for multiple timeframes and estimating probabilities for hundreds of patterns and multiple risk-to-reward ratios requires significant processing time, which is why we made the master lookup table: to simplify estimating generic probabilities per candlestick pattern.

Candlestick pattern probabilities
Candlestick pattern probabilities

Single Stock Lookup Patterns

Analyze the candlestick pattern probabilities per stock, aggregated by a per year basis. By aggregating the pattern probabilities by year for each candlestick pattern, traders gets a more accurate probability estimation for patterns in the current year.

When a trader finds a stock, they need a probability estimate of winning or losing based on the entry point, the price action, or pattern, for the current year and the stock. If a trader knows the probability, they can optimally size their bets relative to the risk-to-reward, and the probability of winning and losing a given trade.

Candlestick Probability FAQ

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