Over the years a lot of research has been done in identifying useful candlestick patterns which indicate the start or end of a trade. At Mudrex, users have access to over 80 different candlestick patterns. This strategy explains how to use them.


Candlestick patterns are used to identify the start or end of a trend. As a result, we can use candle patterns to ride a trend.

We will use the Marubozu pattern and the Harami Pattern in the current example.


  • Buy when: Bullish Marubozu pattern appears
  • Sell when: Bearish Harami signal appears 

Creating the strategy on Mudrex

  • Components: To make this strategy all we need is 2 pattern blocks one each to buy and sell. Below is how the blocks would look like:


  • Final strategy visual: We would then go out and connect the pattern blocks with the buy and sell blocks to complete our strategy.

Testing the strategy

  • Running on EOS/BTC -30m period from 1st Jan to 1st June gives a + 57.07% ROI


  • Running on TRX/BTC - 6h period from 1st Jan to 1st June gives a  +107.42% ROI

Easily create your trading strategies with Mudrex's no-code app builder. Start creating your trading strategies today!

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