Chart : NZDUSD M30
Date/Time : 2018.12.28 02:00
Settings : Reversal Candles=2, Min. Strength=5, # Candles Back=150
Result: Failed (A reversal down did occur. The candle was bearish the majority of the candle and had with a long lower tail. However, the candle ended up closing bullish and price continued in the same direction. Also, it is important to note that this signal occurred on not only a Friday, but the last trading day before the New Year. So the market was more erratic than usual, liquidity was low, and there were gaps in chart data which throws off the signals.)