Hi,
This add-in is highly required and i believe it could be very helpful for all. If any has it , please share.
http://www.patternexplorer.com/chart-pattern-recognition-2.html
Chart Pattern Recognition 2
Detects and draws the following chart formations:
Ascending and Descending Triangles.
Symmetrical and Expanding Triangles.
Uptrend and Downtrend Channels.
Rising and Falling Wedges.
Rectangles.
Draws parallel lines without a second peak or trough.
Three different signals for potential entries:
Breakouts, Confirmed support or resistance, Price just above support or below resistance.
Calculates all lines on logarithmic scale.
Very similar to Pattern Recognition 1, however, this tool uses a different algorithm which makes it more suitable
for short term patterns and it needs no sensitivity parameter.
Additionally the close price can be selected instead High & Low to draw and detect trendlines.
Audio and email alerts available.
