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On Sun, 25 Apr 1999 05:03:20 -0400, you wrote:
>has anyone been able to come up with a metastock formula for certain
>pattern recognition: head & shoulder, triangle ?
Are you looking for these "classical" patterns only, or would you
accept also more general "patterns"?
BTW1: Imo, all TA stuff is based on some kind of patterns (, but often
the patterns handled are not defined explicitly).
BTW2: Because TA stuff in most cases works only "on-dimensional", i.e.
it "looks" at is own history only, it can only be based on rather
simple patterns.
BTW3: There are many techniques (e.g. from statistics, fuzzy logic,
neural network technology, etc) that can handle multi-dimensional
patterns successfully.
BTW4: The „Efficient Market Hypothesis“ is not generally valid.
mfg rudolf stricker
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