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Jim,
I am running a 90 days test drive of TechniFilter 8.1 from RTRSoftware
(www.rtrsoftware.com) (less than $500).
There was a very good review about this software in Technical Analysis of
Stock & Commodities magazine August 98 (www.traders.com).
Laurent
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Michael
Sent: Sunday, April 25, 1999 6:39 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: pattern recognition
On Sun, 25 Apr 1999, michael arnoldi wrote:
> has anyone been able to come up with a metastock formula for certain
> pattern recognition: head & shoulder, triangle ?
If you can construct a complex pattern from a number of simpler
indicators, then assign a unique power of 2 to each indicator stated as a
true/false condition. If that component is 'true' (e.g. slope(x)>k) add
that power of 2. The pattern is true if you have all ones (11111) in the
binary representation of the total. The binary representation of the state
of your system is useful for finding other patterns, but you probably have
to do this outside of MS since there are no logical operators like XOR for
filtering subpatterns.
Cheers,
Jim
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