Product notes from the Analess team, and evergreen trading-method education. Analysis, not advice.https://analess.com/enhttps://analess.com/articles/a-match-score-is-not-a-probability/https://analess.com/articles/a-match-score-is-not-a-probability/When software says a chart pattern is a "92% match", that number measures shape, not likelihood. Confusing the two is the most common error in pattern tools.Sat, 18 Jul 2026 00:00:00 GMTLessonpatternsbasicshttps://analess.com/articles/what-a-backtest-can-prove/https://analess.com/articles/what-a-backtest-can-prove/A backtest shows how a precisely defined rule would have behaved on past data under stated assumptions. It cannot show the rule will behave that way again.Thu, 16 Jul 2026 00:00:00 GMTLessonbacktestingvalidationbasicshttps://analess.com/articles/what-a-moving-average-tells-you/https://analess.com/articles/what-a-moving-average-tells-you/A moving average summarises recent prices with a chosen weighting. Compare SMA, EMA and WMA weights, their lag and what the line can tell you.Mon, 13 Jul 2026 00:00:00 GMTLessonindicatorstrendbasics