I am also working on Candlestick Psych at the moment.
See:
viewtopic.php?p=1295401074#p1295401074
My aim is to integrate Candlestick Psychology into Fractals_SR and come up with a decent system for BO
1 - If bearish candle makes fractal_support appear, and if a bullish candle closes shortly after, then show UP arrow on opening candle (the third candle).
2 - If bullish candle makes fractal_support appear, and it ended closing as bullish, then show UP arrow on the next opening candle.
3 - If bullish candle makes fractal_resistance appear, and if a bearish candle closes shortly after, then show DOWN arrow on opening candle (the third candle).
4 - If bearish candle makes fractal_resistance appear, and it ended closing as bearish, then show DOWN arrow on the next opening candle.
5 - Martingale, if 1 to 4 arrows did not appear correctly (UP arrow ended up with bearish candle and or DOWN arrow ended up with bullish candle, show the same arrow for the next opening candle)
X - unclassified/deadmeat
My thoughts are too wild and nonsense lol
Also, the downside is when you do martingale on X. it makes triple whammy lol.