Does the Bullish Engulfing work on TRON?

On TRON's daily chart, after a bullish engulfing TRON rose within 7 days 63% of the time across 128 past cases. On an ordinary day it did so 55% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On TRONNo edge
63% of 128 casesbaseline 55%
All coinsNo edge
45% of 14,571 casesbaseline 46%
Median move after the pattern +1.41% vs +0.69% from any bar; after a 0.2% round trip of fees +1.21%.

Daily chart

WithinTRONOrdinary barCasesAll coinsVerdict
24 hours58% (50%–65%)53%16448% vs 48%No edge
30 days63% (50%–73%)59%6443% vs 42%No edge
7 days63% (55%–71%)55%12845% vs 46%No edge

4-hour chart

WithinTRONOrdinary barCasesAll coinsVerdict
24 hours54% (50%–58%)54%69248% vs 49%No edge
7 days57% (51%–63%)57%25648% vs 48%No edge

1-hour chart

WithinTRONOrdinary barCasesAll coinsVerdict
24 hours55% (51%–58%)54%82549% vs 50%No edge
4 hours52% (50%–55%)52%163948% vs 50%No edge

How this is measured: each occurrence is counted from the bar where the pattern became knowable, overlapping cases are dropped, and the result is compared with how often TRON moved the same way from any random bar over the same window. A pattern only earns "beat the baseline" when the difference is larger than luck explains across all the tests we run. Full method.

Share