mashki Posted March 2, 2009 Report Share Posted March 2, 2009 Here is one good pattern recognition software: http://thepatternsite.com/patternz.html Features Patternz is a Windows based program that automatically finds chart and candlestick patterns. It has these features. -Finds 66 unique chart patterns (see Patterns Form) -Finds 105 candlestick patterns (see Patterns Form) -Has a chart pattern indicator to detect market turns (see the Chart Pattern Indicator Form) -Allows the selection of patterns with the best overall performance, fewest failures, reversals, and continuations (see the Patterns form) -Scans files to find patterns and lists results (see List Form) -Allows up to 9 criteria to select patterns for performance (radio buttons on List Form) -Filters stock selections for price and volume -Shows cycles (chart form) -Shows phi extensions for price prediction (Phi button on chart form) -Sorts selected patterns to highlight most recent (see List Form) -Export pattern information to clipboard or Excel for analysis (see List Form) -Pattern watch lists make the selection of patterns easier -Security watch lists allow important securities to be found quickly and easily -Highlights support and resistance (SAR button on Chart Form) -Tells about chart and candlestick patterns (the Tell button) -Calculates a volatility stop (the Stop button) -Calculates pivot points, S1, R1, S2 and R2 (the Forecast button) -Calculates a Fibonacci retrace (the Retrace button) -Forecasts tomorrow’s closing price (see the Forecast button) with back testing capability -Detects tall candles which means a minor high or low 66% of the time (give or take a day) -Supports trendlines (see the Chart Form) -Volume ticks show pattern end points, which helps with volume trend and shape analysis -Supports bar or candlestick charts -Extensive instruction manual or look at the black help window at form top as you tab around -Setup allows the tuning of Patternz parameters (see Setup button on Chart Form) -Works with a variety of ASCII file formats -Supports Windows 3.11 and more recent versions, such as XP and Vista -Adware and spyware free -It’s FREE Gamemaster 1 Quote Link to comment Share on other sites More sharing options...
pultimo Posted March 3, 2009 Report Share Posted March 3, 2009 Re: Free Pattern Recognition Program "Patternz" is undoubtely a good and honest software; another one is "Ramp" (payed but not expensive) and much others more complicated. Unfortunatly, pattern's recognition suffers the same problems of others trading tactics. It may helps but - IMHO - it's not the key to winning trades.. Quote Link to comment Share on other sites More sharing options...
btrack707 Posted March 5, 2009 Report Share Posted March 5, 2009 Re: Free Pattern Recognition Program Does this software work on forex..? care to explain how to use with forex data.. thanks for sharing though.. :arrow: :peace: Quote Link to comment Share on other sites More sharing options...
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