I setup my program to find hikkake’s based on the “Bullish Hikkake, Confirmed” pattern shown in the figure to the right. That includes the 3-bar hikkake and up to . Concept: Trading strategy based on false breakouts. Research Goal: Performance verification of the hikkake pattern. Specification: Table 1. Results: Figure The hikkake pattern, or hikkake, is a technical analysis pattern used for determining market turning-points and continuations. It is a simple.

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Vimal Raj at The inside bar is a candlestick formation that occurs when a certain candle closes inside the range of its predecessor.

A breakout of the range is confirming the Inside Bar trade. The Hikkake trades on a failure of the Inside Bar, entering trade when the range is broken again, to the opposite side. Psychology Behind The Hikkake The failure of the Inside Bar triggers stop losses of traders which attempted to trade the Inside Bar, thus adding strength of the movement.

The failure itself shows reflectance of traders to continue in the direction of the original breakout, so the Hikkake direction is favored.

Hikkake — Technical Analysis and Trading Ideas — TradingView

How to Trade The Hikkake 1. Spot an Inside Bar candlestick formation – Look for big candles followed by smaller hikjake that are inside their range. Wait for a breakout of the range. Set Trading Orders – Set orders to join the trade at the breakout of the range to the opposite direction.


Stop Loss – Place stop loss above the highest high of last 3 candles for shortor below the lowest low of last 3 candles for long. The fakey trading strategy is another bread and butter price action setup. It indicates rejection of an important level within the market.

Often times the market will appear to be headed one direction and then reverse, sucking all the amateurs in hikkame the professionals push price back in the opposite direction. The fakey entry is pattwrn as price moves back up past the high of the inside bar or the low in the case of a bearish fakey. Vinayak S at How target is calculated in this pattern.

HIKKAKE PATTERN ~ simple pattern [vimalraj] –

Manoj Gupta at Harman Preet at The following day, a breakout from an inside day higher higher and a higher low b2 Bullish setup: The following day, a breakdown from an inside day lower high and a lower low Verification of the contratrend move is confirmed WITHIN 3 days of the breakout. A close below the inside day low c2 Bullish setup: A close above the high of the inside day high That’s it. Reading the article will make things clearer. Day prior to the inside day must close at the top of its day range and its range must be less than its previous day’s range.


Day prior to the outside day must close near the bottom of its day range and its range must be less than its previous day’s range.

Chakravarthy Snvs at Here are some of the links you have posted in past in mudraa I am collating the information form last couple of days. Thought to share it with you and anyone who want to extract information out of it RSI tricks pwttern http: Gap trading hikakke http: Pratap Patel at The messages and ideas posted on this website are user’s own views.

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Hikkake Pattern by Daniel Chesler

Free Sign Up Login. Thanks Vimal raj ji Excellent and innovative pattern.

And if Asian paints go below then we can short it with as SL? Vimal ji does that mean we can go long in Coalindia with as SL??

Copy paste from link – http: Do post Vimal sir. Now i try to create afl Login to participate in discussion. Three Buddha Top And Bottoms [vimalraj] Nifty intraday trading strategy [Vimalraj] Ihkkake Point Trading[vimalraj]