hi all,
can any one help me in finding the John Murphy's Chart Pattern Recognition plugin for metastock. searched a lot still not available.
it would be a great help if someone shares it.
thank you..
Identifies both trend reversal and continuation patterns.
When analyzing chart patterns, technical analysts generally categorize them in two groups: (1) patterns that predict trend reversal and (2) patterns that predict trend continuation.
Most technical analysts consider the process of identifying patterns within the charts an art, and would hesitate to venture down the road of mathematically quantifying how to identify specific patterns. But with John Murphy's practical trading experience combined with the technical expertise of the engineers at MetaStock, this incredible new tool rivals the best pattern recognition experts in the industry.
[u]Reversal Patterns[/u]
Head and Shoulders
Inverse Head and Shoulders
Triple Tops
Triple Bottoms
Double Tops
Double Bottoms
[u]Continuation Patterns[/u]
Symmetrical Triangles
Ascending Triangles
Descending Triangles