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Article Archive For Victor Likhovidov

  • V.17:11 (85-92) Coding Candlesticks by Victor Likhovidov

    ARTICLE SYNOPSIS ...Coding Candlesticks by Victor Likhovidov Japanese candlestick charting is a popular method with which to visualize market price dynamics. Usually, candlestick charting is used in concert with other indicators to gauge market activity, but as a quantitative approach, technical analysis would be best served with quantitative rules for reading candlestick charts. Here's a simple method by which to assign digital codes to candlesticks. You'll see that the codes agree with the basic principles of technical analysis and may be used to construct a class of new indicators. My coding scheme is built o...







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