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Re: [amibroker] Breakout Patterns



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i d/l from the library, and installed it.  i have not used this before, but
i have seen it in postings on the Inspire_Software group.  I used KO as an
example and it showed the pattern terminating on 3/27/04.  i kept deleting
the days until it reached 3/26, and the lines disappeared.  also, fwiw, ACLS
has 6 different ending points pattern in Feb 04.  i'm not being picky
here--please don't misunderstand--you mentioned it was a work in progress.

I know i need to go read about this indicator, and you provided a site in
your first post, but how would you use this, because the pattern is drawn
after the fact.  You would never know a butterfly was forming, until after
it formed, in the case of KO, it kept climbing to 51.24... i guess being a
day late is no big deal--it would just be nice to see the potential for the
termination of the pattern---before it happens....

Attached is a .jpg from an Inspire plot.  i shows the projected pattern out
a few days.  I know AB won't draw lines that far past the last day, but even
5 or 6 days would be a help.  i have no idea how to do that though.  at any
rate--thanks for sharing.

ron


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