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patternexplorer for amibroker


mcgene4x

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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.

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