Encoding Candlestick Patterns (Part 4): Frequency Analysis for Double-Candlestick Structures

The brief

Researchers have developed an MQL5 script to analyze double-candlestick patterns. The script encodes candles into symbols and extracts consecutive two-symbol sequences. It counts the occurrences and percentages of these sequences, then writes the sorted frequency table. This analysis is part of a larger study on encoding candlestick patterns. The script is designed for use in technical analysis of financial markets.