Re: NAVA PATTERNS

["Monte C. Smith" <mcs@xxxxxxxxxxx>]

Carl,

I wrote the company and here is their reply (which I got within a few
hours):

Subject: 
           Re: Patterns Question
       Date: 
           Thu, 29 Jun 2000 19:36:25 -0600
      From: 
           "marketsonline.com" <thomas@xxxxxxxxxxxxxxxxx>
 Organization: 
           Markets Online, Inc.
        To: 
           "Monte C. Smith" <mcs@xxxxxxxxxxx>
   References: 
           1




Hi Monte,
No that's not true. The earlier version supported the Reliability add-on
module which caused nothing but confusion with our customers and after
years
of testing, it didn't give us the results we expected so we have
eliminated
it. The whole concept of the Patterns program is for you to be able to
identify the patterns criteria and it still we do that for you. The
Reliability option was a different and additional concept that was not
successful and as traders we do not use it but we do rely on back
testing
and trading we our Patterns software.
Good Trading,
Thomas


----- Original Message -----
From: Monte C. Smith <mcs@xxxxxxxxxxx>
To: <marketsonline@xxxxxxxxxxxxxxxxx>
Sent: Thursday, June 29, 2000 3:07 PM
Subject: Patterns Question


> Hello,
>
> I have recently been discussing the Patterns program with a number of
> traders, and there seems to be some uncertainty as to whether the
> Current Patterns program has fewer capabilities than earlier
> incarnations did.
>
> Specifically, I've heard it said that the current program does not offer
> the capability to search for patterns based on user-defined criteria,
> and that the user is limited to the patterns pre-defined and included in
> the library. These people say that older versions of the program DID
> allow users to specify custom search or definition criteria.
>
> Is this true?
>
> Thank you.
>
> Regards,
> Monte C. Smith