Three White Soldiers
BullishReversalBeginnerThree strong green candles in a row, each closing near its high.
Verdict: SkipBitcoin 4H: 2 trades, won 50%, avg trade +0.6% vs random day +0.5% (too few trades to judge). Backtest
Price has been falling, then it goes flat. Sellers are tired, but buyers aren't sure yet.
step 1/7
Trade rules
| Direction | Long (buy) |
|---|---|
| Entry | After a decline or a flat base: three green candles in a row, each opening inside the last body, closing higher and near its high. Then a candle CLOSES above the third one's high within 3 candles. |
| Cancelled if | Price trades below the first soldier's low before that close. |
| Target | 2x the pattern, projected from the breakout |
3 common mistakes
- Counting small candles: each soldier needs a real, full body.
- Ignoring long upper wicks: they show sellers pushing back at every high.
- Buying it after a long rally instead of after a decline or a base.
Backtest
same rules every time · equal size · no fees · method| Market | Trades | Won | Avg trade | Random day |
|---|---|---|---|---|
| Bitcoin · 4H · 2017-2026 · too few trades to judge | 2 | 50% | +0.55% | +0.50% |
| US large caps (50) · 1D · 2016-2026 | 28 | 57% | +1.08% | +1.18% |
Verdict: SkipIt made money, but less than buying on a random day. Bitcoin had too few signals to judge.
pattern +30%random +33%