Q: Do you have any training or tutorial videos on how to interpret and use the Pattern Search Engine information?
A: Yes, we do have tutorial videos which can be found in the academy on the first-level menu.
Briefly, two of the best ways to analyze the pattern information are pattern statistics and confidence levels.
Each pattern has all of the historical data for that specific pattern and ticker. These statistics help increase the likelihood that this pattern will be successful.
The pattern statistics are found on each pattern page. The confidence level also helps to put a percentage on how likely the pattern is to predict a successful outcome.
Risk levels are directly correlated with returns, meaning that a low risk will most likely yield a lower return. The confidence level toggle bar is found in your inbox.