Viggy

Hello everyone, I have seen a lot of places state how certain candle stick formations such as a Marubozu or a hammer have a probability of being a reversal and even sites like thepatternsite.com has probabilities of each type of candle and its likelihood of a reversal or a big move, but I can not find any information on the internet about how to work out these probabilities myself. I was thinking of doing it in matlab but I was wondering if that was the best way to do it, is there any other ways that would be better or faster? If someone out there has all the data that I could see, that would be really interesting. I look forward to hearing your replies, Best regards, Vig