We've compiled data from thousands of chart patterns found across a large number of financial markets to analyze their accuracy and effectiveness when used in technical analysis.
The chart pattern data is compiled over a period from 2009 to 2022 with over 204,671 chart patterns assessed over different timeframes from 1-minute charts, 5-minute charts, hourly charts, and daily charts.
The stock markets used to compile these chart pattern statistics include the S&P500 Index, the Nasdaq 100 Index, the New York Stock Exchange, the Russell 2000 Index, the Dow Jones Industrial Average and all the stocks listed on these exchanges.
The forex markets used to compile these chart pattern statistics include EUR/USD, EUR/GBP, USD/CAD, GBP/USD, USD/JPY, USD/CHF, GBP/JPY, AUD/USD, EUR/CHF, EUR/JPY, NZD/USD, EUR/AUD and the US Dollar Index.
The commodities markets used to compile these chart pattern statistics include Copper, Gold, Silver, Palladium, Platinum, Crude Oil Brent, Crude Oil West Texas, Heating Oil, Natural Gas, Corn, Cocoa, Cotton, Lean Hogs, Orange Juice, Soybean, Soybean Oil, Soybean Meal, Sugar Raw, Sugar White and Wheat.
The treasury markets used to compile these chart pattern statistics include the US T-Note 10 Year, the US T-Note 5 Year, the US T-Note 2 Year, UK Gilt, Japan JGB, Euro BTO and the Euro Bobl.
Choose from a specific chart pattern to get its statistics below:
- Ascending Triangle Statistics
- Bear Flag Statistics
- Bull Flag Statistics
- Cup & Handle Statistics
- Descending Triangle Statistics
- Double Bottom Statistics
- Double Top Statistics
- Falling Wedge Statistics
- Head & Shoulders Statistics
- Inverse Head & Shoulders Statistics
- Pennant Statistics
- Rising Wedge Statistics
- Rounding Bottom Statistics
- Rounding Top Statistics
- Symmetrical Triangle Statistics
- Triple Bottom Statistics
- Triple Top Statistics
These chart pattern statistics are compiled by backtesting using python scripts to find the patterns and assess their accuracy. All data was then assessed by human raters to confirm their accuracy. This process took over three months to go through every price chart and data set.
The chart pattern data provided should be used for information and educational purposes only and it should not be used as investment advice to trade or invest in any particular market with any specific chart pattern.
This data is compiled in a simulated environment and does not take into account an important element of liquidity.
This means real-life results versus simulated results can vary quite substantially as liquidity plays an important role in getting the correct entry price, stop-loss price and exit price when using these chart patterns to trade or invest.
Ascending Triangle Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the ascending triangle statistics are as follows:
- An ascending triangle has a 62% accuracy rate in the stock market over the price chart timeframes analyzed
- An ascending triangle has a 41% accuracy rate in the forex market over the price chart timeframes analyzed
- An ascending triangle has a 59% accuracy rate in the treasuries market over the price chart timeframes analyzed
- An ascending triangle has a 52% accuracy rate in the commodities market over the price chart timeframes analyzed
Frequently Asked Questions About Ascending Triangle Statistics
Below are frequently asked questions about the ascending triangle statistics.
Which Market Does An Ascending Triangle Have The Highest Win Rate In?
An ascending triangle has the highest win rate percentage in the US stock market with a win rate of 62%.
Which Market Does An Ascending Triangle Have The Lowest Win Rate In?
The ascending triangle has the lowest win rate percentage in the Forex market with a win rate of 41%.
Bear Flag Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the bear flag statistics are:
- A bear flag has a 58% win rate in the stock market
- A bear flag has a 61% win rate in the forex market
- A bear flag has a 63% win rate in the treasuries market
- A bear flag has a 60% win rate in the commodities market
Frequently Asked Questions About Bear Flag Pattern Statistics
Below are frequently asked questions about the bear flag pattern statistics.
Which Market Does A Bear Flag Have The Highest Win Rate In?
A bear flag has the highest win rate in the treasuries market with a win rate of 63%.
Which Market Does A Bear Flag Have The Lowest Win Rate In?
A bear flag has the lowest win rate in the stock market with a win rate of 58%.
Bull Flag Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the bull flag statistics are:
- A bull flag has a 66% win rate in the stock market
- A bull flag has a 53% win rate in the forex market
- A bull flag has a 59% win rate in the treasuries market
- A bull flag has a 63% win rate in the commodities market
Frequently Asked Questions About The Bull Flag Pattern Statistics
Below are frequently asked questions about the bull flag pattern statistics.
Which Market Does A Bull Flag Pattern Have The Highest Win Rate In?
A bull flag has the highest win rate in the stock market with a 66% accuracy percentage.
Which Market Does A Bull Flag Pattern Have The Lowest Win Rate In?
A bull flag pattern has the lowest win rate in the forex market with a 53% win rate.
Cup And Handle Pattern Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the cup and handle pattern statistics are:
- A cup & handle pattern has a 69% win rate in the stock market
- A cup & handle pattern has a 59% win rate in the forex market
- A cup & handle pattern has a 61% win rate in the treasuries market
- A cup & handle pattern has a 48% win rate in the commodities market
Frequently Asked Questions About The Cup & Handle Pattern
Below are frequently asked questions about the cup and handle pattern.
Which Market Does A Cup & Handle Pattern Have The Highest Win Rate In?
A cup and handle pattern has the highest win rate in the stock market with a 69% accuracy level.
Which Market Does A Cup & Handle Pattern Have The Lowest Win Rate In?
A cup and handle pattern has the lowest win rate in the commodities market with a 48% accuracy level.
Descending Triangle Pattern Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the descending triangle pattern statistics are:
- A descending triangle has a 51% win rate in the stock market
- A descending triangle has a 53% win rate in the forex market
- A descending triangle has a 62% win rate in the triangles market
- A descending triangle has a 59% win rate in the commodities market
Frequently Asked Questions About The Descending Triangle Pattern Statistics
Below are frequently asked questions about descending triangle statistics.
Which Market Does A Descending Triangle Pattern Have The Highest Win Rate In?
A descending triangle pattern has the highest win rate in the treasuries market with an accuracy rate of 62%.
Which Market Does A Descending Triangle Pattern Have The Lowest Win Rate In?
A descending triangle pattern has the lowest win rate in the forex market with a 53% win rate.
Double Bottom Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the double bottom pattern statistics are:
- A double bottom pattern has a 47% win rate in the stock market
- A double bottom pattern has a 49% win rate in the forex market
- A double bottom pattern has a 41% win rate in the treasuries market
- A double bottom pattern has a 39% win rate in the commodities market
Frequently Asked Questions About The Double Bottom Pattern Statistics
Below are frequently asked questions about the double bottom pattern statistics.
Which Market Does A Double Bottom Pattern Have The Highest Win Rate In?
A double bottom pattern has the highest win rate in the forex market with an accuracy rate of 49%.
Which Market Does A Double Bottom Pattern Have The Lowest Win Rate In?
A double bottom pattern has the lowest win rate in the commodities market with a win rate of 39%.
Double Top Pattern Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the double top pattern statistics are:
- A double top pattern has a win rate of 39% in the stock market
- A double top pattern has a win rate of 43% in the forex market
- A double top pattern has a win rate of 56% in the treasuries market
- A double top pattern has a win rate of 51% in the commodities market
Frequently Asked Questions About The Double Top Pattern Statistics
Below are frequently asked questions about the double top pattern statistics.
Which Market Does A Double Top Pattern Have The Highest Win Rate In?
A double top pattern has the highest win rate in the treasuries market with a 56% accuracy rate.
Which Market Does A Double Top Pattern Have The Lowest Win Rate In?
A double top pattern has the lowest win rate in the stock market with a 39% win rate.
Falling Wedge Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the falling wedge pattern statistics are:
- A falling wedge pattern has a win rate of 58% in the stock market
- A falling wedge pattern has a win rate of 60% in the forex market
- A falling wedge pattern has a win rate of 55% in the treasuries market
- A falling wedge pattern has a win rate of 63% in the commodities market
Frequently Asked Questions About The Falling Wedge Pattern Statistics
Below are frequently asked questions about the falling wedge pattern statistics.
Which Market Does A Falling Wedge Pattern Have The Highest Win Rate In?
A falling wedge pattern has the highest win rate in the treasuries market with a 63% accuracy rate.
Which Market Does A Falling Wedge Pattern Have The Lowest Win Rate In?
A falling wedge pattern has the lowest win rate in the treasuries market with a win rate of 55%.
Head And Shoulders Pattern Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the head and shoulders pattern statistics are:
- A head and shoulders pattern has a win rate of 66% in the stock market
- A head and shoulders pattern has a win rate of 69% in the forex market
- A head and shoulders pattern has a 71% win rate in the treasuries market
- A head and shoulders pattern has a 59% win rate in the commodities market
Frequently Asked Questions About The Head & Shoulders Pattern Statistics
Below are frequently asked questions about the head and shoulders pattern statistics.
Which Market Does A Head & Shoulders Market Have The Highest Win Rate In?
A head and shoulders pattern has the highest win rate in the treasuries market with a 71% win rate.
Which Market Does A Head & Shoulders Market Have The Lowest Win Rate In?
A head and shoulders pattern has the lowest win rate in the commodities market.
Inverse Head And Shoulders Pattern Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the inverse head and shoulders pattern statistics are:
- An inverse head and shoulders pattern has a win rate of 68% in the stock market
- An inverse head and shoulders pattern has a win rate of 63% in the forex market
- An inverse head and shoulders pattern has a win rate of 49% in the treasuries market
- An inverse head and shoulders pattern has a win rate of 58% in the commodities market
Frequently Asked Questions About The Inverse Head & Shoulders Pattern Statistics
Below are frequently asked questions about the inverse head and shoulders statistics.
Which Market Does An Inverse Head & Shoulders Market Have The Highest Win Rate In?
An inverse head and shoulder pattern has the highest win rate in the stock market with a win rate of 68%.
Which Market Does An Inverse Head & Shoulders Market Have The Lowest Win Rate In?
An inverse head and shoulder pattern has the lowest win rate in the commodities market with a win rate of 58%.
Pennant Pattern Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the pennant pattern statistics are:
- A pennant pattern has a 67% win rate in the stock market
- A pennant pattern has a 56% win rate in the forex market
- A pennant pattern has a 62% win rate in the treasuries market
- A pennant pattern has a 65% win rate in the commodities market
Frequently Asked Questions About The Pennant Pattern Statistics
Below are frequently asked questions about the pennant pattern statistics.
Which Market Does A Pennant Pattern Have The Highest Win Rate In?
A pennant pattern has the highest win rate in the stock market with a 67% accuracy percentage.
Rising Wedge Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the rising wedge statistics are:
- A rising wedge pattern has a 51% win rate in the stock market
- A rising wedge pattern has a 55% win rate in the forex market
- A rising wedge pattern has a 61% win rate in the treasuries market
- A rising wedge pattern has a 63% win rate in the commodities market
Frequently Asked Questions About The Rising Wedge Pattern Statistics
Below are frequently asked questions about the rising wedge pattern statistics.
Which Market Does A Rising Wedge Pattern Have The Highest Win Rate In?
A rising wedge pattern has the highest win rate in the commodities market with a 63% accuracy percentage.
Which Market Does A Rising Wedge Pattern Have The Lowest Win Rate In?
A rising wedge pattern has the lowest win rate in the stock market with a 51% accuracy percentage.
Rounding Bottom Statistics
Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the rounding bottom pattern statistics are:
- A rounding bottom pattern has a 44% win rate in the stock market
- A rounding bottom pattern has a 35% win rate in the forex market
- A rounding bottom pattern has a 41% win rate in the triangles market
- A rounding bottom pattern has a 48% win rate in the commodities market
Frequently Asked Questions About The Rounding Bottom Pattern Statistics
Below are frequently asked questions about rounding bottom statistics.
Which Market Does A Rounding Bottom Pattern Have The Highest Win Rate In?
A rounding bottom pattern has the highest win rate in the stock market with an accuracy rate of 44%.
Which Market Does A Rounding Bottom Pattern Have The Lowest Win Rate In?
A rounding bottom pattern has the lowest win rate in the forex market with a 35% win rate.
Rounding Top Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the rounding top pattern statistics are:
- A rounding top pattern has a 41% win rate in the stock market
- A rounding top pattern has a 51% win rate in the forex market
- A rounding top pattern has a 48% win rate in the treasuries market
- A rounding top pattern has a 42% win rate in the commodities market
Frequently Asked Questions About The Rounding Top Pattern Statistics
Below are frequently asked questions about the rounding top pattern statistics.
Which Market Does A Rounding Top Pattern Have The Highest Win Rate In?
A rounding top pattern has the highest win rate in the forex market with a 51% accuracy rate.
Which Market Does A Rounding Top Pattern Have The Lowest Win Rate In?
A rounding top pattern has the lowest win rate in the stock market with a 41% accuracy rate.
Symmetrical Triangle Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the symmetrical triangle pattern statistics are:
- A symmetrical triangle pattern has a 69% win rate in the stock market
- A symmetrical triangle pattern has a 52% win rate in the forex market
- A symmetrical triangle pattern has a 58% win rate in the treasuries market
- A symmetrical triangle pattern has a 61% win rate in the commodities market
Frequently Asked Questions About The Symmetrical Triangle Pattern Statistics
Below are frequently asked questions about the symmetrical triangle pattern statistics.
Which Market Does A Symmetrical Triangle Pattern Have The Highest Win Rate In?
A symmetrical triangle pattern has the highest win rate in the stock market with a 69% accuracy rate.
Which Market Does A Symmetrical Triangle Pattern Have The Lowest Win Rate In?
A symmetrical triangle pattern has the lowest win rate in the forex market with a 52% accuracy rate.
Triple Bottom Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the triple bottom pattern statistics are:
- A triple bottom pattern has a win rate of 54% in the stock market
- A triple bottom pattern has a win rate of 56% in the forex market
- A triple bottom pattern has a win rate of 48% in the treasuries market
- A triple bottom pattern has a win rate of 58% in the commodities market
Frequently Asked Questions About The Triple Bottom Pattern Statistics
Below are frequently asked questions about the triple bottom statistics.
Which Market Does A Triple Bottom Market Have The Highest Win Rate In?
A triple bottom pattern has the highest win rate in the commodities market with a win rate of 58%.
Which Market Does A Triple Bottom Market Have The Lowest Win Rate In?
A triple bottom pattern has the lowest win rate in the treasuries market with a win rate of 48%.
Triple Top Pattern Statistics
*Data compiled from the 1-minute, 5-minute, hourly and daily price charts.
From the table above, the triple top pattern statistics are:
- A triple top pattern has a 40% win rate in the stock market
- A triple top pattern has a 46% win rate in the forex market
- A triple top pattern has a 47% win rate in the treasuries market
- A triple top pattern has a 51% win rate in the commodities market
Frequently Asked Questions About The Triple Top Pattern Statistics
Below are frequently asked questions about the triple top pattern statistics.
Which Market Does A Triple Top Pattern Have The Highest Win Rate In?
A triple top pattern has the highest win rate in the commodities market with an accuracy rate of 51%.
Which Market Does A Triple Top Pattern Have The Lowest Win Rate In?
A triple top pattern has the lowest win rate in the stock market with a win rate of 40%.
Frequently Asked Questions About The Chart Pattern Statistics
Below are frequently asked questions about the chart pattern statistics.
What Chart Pattern Has The Highest Win Rate?
From our data, the head and shoulders pattern used in the treasuries market has the highest win rate with a 71% accuracy rate.
What Chart Pattern Has The Lowest Win Rate?
From our data, the rounding bottom pattern used in the forex market has the lowest win rate with a 35% accuracy rate.
Predefined Rules We Used For Calculating These Chart Pattern Statistics
In calculating this chart pattern data, we made certain rules that a pattern needed to meet to be included in our dataset.
The rules used to calculate these chart pattern statistics include:
- A specific chart pattern outcome is added to our successful count if it reaches a price target that is one times the risk before hitting a stop-loss level i.e. we assumed a risk-reward ratio of 1:1 when calculating this data.
- A specific chart pattern outcome is added to our failure count if it reaches the stop-loss level before the price target level
- A specific chart pattern had one entry price, one stop-loss price and one price target price.
- A specific chart pattern is only entered into once
Important Things To Consider About This Chart Pattern Statistics Data
There are three very important considerations that readers should be aware of with this chart pattern statistical data. These three considerations are:
- Liquidity was not taken into account: When calculating this chart pattern data, we assumed one entry price, one price target price and one stop-loss price. We did not take into account whether there was liquidity at these prices. This means that real-world trading of these patterns can be substantially different than these simulated results.
- Past performance is not indicative of future results: This data was compiled by backtesting previous market history and was not compiled in real-time. Any interesting data findings from historical data should not be assumed to continue into the future.
- Chart patterns were analyzed on a group of price chart timeframes only: The chart pattern data was compiled from patterns only found on the 1-minute chart, 5-minute chart, hourly chart and daily chart. All other timeframes were not counted.