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An interesting article describing exactly what you requested for, appeared
in RTR News Notes: Filtering for Cup and Handle Patterns.
Issue 44 (Feb 28,1995) See also www.rtrsoftware.com
The software used is TechnifilterPlus. (also reads metastock format)
The formulas are also available online at a.m. site.
Fred Denys
----- Original Message -----
From: "Peter E. Gialames" <investor@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, October 04, 2000 5:59 PM
Subject: RE: Cup & Handle
> This might help:
>
> http://www.maui.net/~haikulab/mh.htm
>
> Peter Gialames
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of J.W.E. Roberts
> Sent: Wednesday, October 04, 2000 10:30 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Cup & Handle
>
>
> Yo Ed,
> Why not post it here, and we'll have a go?
> JW
>
> At 21:14 04.10.2000 +0800, you wrote:
> >Hi Jan,
> >Thanks for the reply. In fact, I happen to have obtained a formula of
C&H
> >(in easy language I suppose) for Superchart though it is not working
> >perfectly. My question now would be if it is possible to translate such
> >SuperChart formula into MetaStock formula.
> >
> >Ed
> >
> >
> >----- Original Message -----
> >From: J.W.E. Roberts <jan.roberts@xxxxxxxxxxxxxxxxx>
> >To: <metastock@xxxxxxxxxxxxx>
> >Sent: Wednesday, October 04, 2000 6:04 PM
> >Subject: Re: Cup & Handle
> >
> >
> > > Hi Ed,
> > > >where I can get hold of the formula of C&H for MetaStock?
> > > There is no such formula or indicator in MS :-(
> > > Cup & Handle may be defined as a rounding bottom with a subsequent
> >pullback to the 'rim' of the cup. Imho MetaStock is inherently unable to
> >detect rounding patterns. It can detect - with restrictions - most
patterns
> >that spike, so to say; eg. spikes, double tops, head & shoulders (maybe).
> >The reason is that all 'patterns' in MS are derived from the ZigZag
> function
> >in one way or another.
> > > It is a sad fact that classical programs cannot detect the simlest
> >patterns that the primate eye+brain recognize at a glance. This is the
> >reason why artificial intelligence has always aroused so much interest,
> >pattern recognition being the biggest subject in neural nets.
> > > So, in order to find them saucers or cups & maybe afterwards the
> enriching
> >tea-melange using metastock the only way is visual chart inspection. A
> >certain pre-selection is possible by looking for equities that are
> >congesting and/or have a low value of ADX or some other trading/trending
> >indicator.
> > > Hope this helps & happy trading,
> > > Jan Willem
> > >
> > > At 14:14 03.10.2000 +0800, you wrote:
> > > >Does any one knows where I can get hold of the formula of C&H for
> >MetaStock?
> > > >
> > > >Thanks in advance.
> > > >
> > > >Ed
> > >
> > >
>
>
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