Mat Hold Pattern

Mat Hold is one of the commonly used candlestick patterns in quantitative trading, representing a bullish continuation pattern.

Calculation Principle

Mat Hold pattern is identified by the following conditions:

1. First day: A long bullish candle
2. Second to fourth day: Small bearish or bullish candles, with prices fluctuating within a narrow range
3. Fifth day: A long bullish candle with closing price higher than the first day's closing price
4. Pattern appears in an uptrend
5. The middle three candles do not break below the first day's low

Parameter Description

• Input Parameters:
  • Open: Opening price
  • High: Highest price
  • Low: Lowest price
  • Close: Closing price
• Parameters:
  • penetration: Body penetration ratio (default: 0)

Usage Recommendations

1. Use in combination with other technical indicators
2. Pay attention to the overall market trend
3. Monitor volume confirmation
4. Set reasonable stop-loss levels
5. Watch for false breakouts

Notes

• Ensure data quality
• Pay attention to pattern completeness
• Consider market environment
• Watch for false signals
• Combine with fundamental analysis
• Pay attention to risk control
• Regularly evaluate strategy effectiveness
• Optimize parameters