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Head And Shoulders Pattern Statistics

Make data-driven trading decisions with our comprehensive pattern statistics. Our indicator tracks and analyzes pattern performance in real-time across multiple timeframes and markets.

Pattern Statistics Dashboard

Performance Analytics​

Pattern Categories​

Statistics are divided into two main categories:

  1. Long Positions: Inverse Head and Shoulders (bullish)
  2. Short Positions: Classic Head and Shoulders (bearish)

Key Metrics​

1. Risk-Reward Analysis​

  • R < x: Patterns with lower risk-reward ratios
  • R >= x: Patterns with higher risk-reward ratios
  • Average R: Mean risk-reward across all patterns

2. Success Metrics​

Each pattern type shows:

  • Occurrence Rate: Pattern frequency
  • Success Rate: Profitable trades percentage
  • Failure Rate: Unsuccessful trades percentage

Performance Breakdown​

Performance Metrics

Our statistics panel provides detailed performance data:

  1. Take Profit Success:

    • TP1: Short-term target success rate
    • TP2: Medium-term target success rate
    • TP3: Long-term target success rate
  2. Risk Management Metrics:

    • Stop Loss hit frequency
    • Time-out occurrences
    • Average holding time

Statistical Analysis Tools​

1. Pattern Quality Score​

Evaluate pattern reliability using:

  • Symmetry analysis
  • Volume confirmation
  • Price action context
  • Time frame correlation

2. Market Context​

Filter patterns based on:

  • Trend strength
  • Volatility levels
  • Trading session
  • Market conditions

3. Optimization Features​

Fine-tune your strategy with:

  • Historical backtesting
  • Parameter optimization
  • Custom filters
  • Performance tracking

FAQ​

Next Steps​