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Tested patterns · Buy setup

Does the yesterday's level sweep (buy) work? Tested on 52,191 trades

Not on its own, but 2 filtered versions did. Across 52,191 yesterday's level sweep (buy) trades on 8 markets from 2020 to 2026, after real broker spreads, the setup averaged −8% of the risk per trade (−£0.78 per £10 risked) and reached a 1.5× take profit 34% of the time.

What it is: The latest candle dips below yesterday's low, then closes back above it, green.

Older years vs recent years

2020 to 2023: −7% per trade over 30,146 trades. 2024 to 2026: −9% per trade over 22,045 trades.

The versions that made money

These made money in both 2020–23 and 2024–26, which is how Fred rates a setup green. Each uses its own best stop and take profit.

USDJPY · 5-minute chartovernight (midnight–7am UK), after price has been falling+17% per trade · 21% hit target · 802 trades
GBPJPY · 1-hour chartmorning (7am–noon UK), after price has been falling+25% per trade · 28% hit target · 249 trades

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By market

MarketTradesPer tradeHit take profit
Gold (XAUUSD)7,141−4%35.2%
US30 (Dow)7,222−6%34.6%
USDJPY6,193−7%34.6%
EURUSD7,756−7%34.2%
GBPJPY6,637−8%33.3%
NAS100 (Nasdaq)2,200−9%32.5%
AUDUSD7,360−10%33.5%
GBPUSD7,682−11%32.9%

By timeframe

ChartTradesPer tradeHit take profit
5-minute27,575−10%33%
15-minute16,321−7%33.5%
1-hour8,295−1%38.1%

How Fred tested it

Every time the setup appeared on MT5 price history from 2020 to 2026, Fred entered at the next candle's open, paid the real spread, placed the stop just past the pattern (plus half an average candle) and a take profit 1.5 times the risk. If neither was hit within 48 candles, the trade closed at the last price. "Per trade" is the average result as a share of the amount risked.

Back-tested results, not live trading. Past results don't guarantee future ones. Checked 28 October 2026. All tested patterns · AI chart tools compared