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Hi Thomas
Thank you for your comments.
As for your question, the answer is negative.
You can not have buy or sell signals from a pattern recognition
formula based on functions Peak() and Trough(), because the system
will understand that a peak was a peak some days later.
If you use, for example per=3, the stock should drop more than -3% to
read today´s peak. You understand that you may have a delay.
The main use is to watch the pattern and have a help in decision
making.
Dimitris Tsokakis
--- In amibroker@xxxx, "Thomas Zmuck" <thomas.zm@xxxx> wrote:
> Hello Dimitris,
>
> you've done great work. It's nice from you, that you share this
work with us. Great Thanks to you.
>
> Is it possible to become buy signals at the low of a ascending
trend-channel. Please look at my picture from US-Stock: Ticker:
BHI Name: Baker Hughes Inc.
>
> Thomas
>
>
>
>
> ----- Original Message -----
> From: Dimitris Tsokakis
> To: amibroker@xxxx
> Sent: Monday, December 10, 2001 12:10 PM
> Subject: [amibroker] Pattern Recognition
>
>
> I visited last weekend the nice site of
> http://www.chartpatterns.com
> At
> http://www.chartpatterns.com/prs_pricing_info.gif
> I read that you may have a mail per week with interesting
> patterns(triangles, wedges etc)
> The rate is $780 per year.
> Amibroker registered users may use
> http://www.amibroker.com/library/detail.php?id=105
> for free.
> The cost is $69+possible upgrades for the Software, not for
> the service.
> The information for patterns is almost the same(I have not
> included yet H&S formation, it is already prepared and will
> be added soon).
> The obvious advantage is that you may use the formula whenever
> you want and at any stockmarket.
> The disadvantage is that you should copy, paste, run and read the
> Result list.
> Then you may mail it to yourself, if you want a mail-service.
> Sometimes it is not bad to understand what is the real value
> of your software.
> Dimitris Tsokakis
>
>
>
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> ADVERTISEMENT
>
>
>
>
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