Patternz - Chart Pattern Recognition Software

Dear Members,

Patternz is a Windows based program that automatically finds chart patterns. It has these features:

1. Finds 64 unique chart patterns (see Formations Form)
2. Scans files to find patterns and lists results (see List Form)
3. Allows up to 9 criteria to select chart patterns for performance (radio
buttons on List Form)
4. Highlights support and resistance (SAR button on Chart Form)
5. Sorts selected chart patterns to highlight most recent patterns found
6. After finding patterns, data can be placed on the clipboard or Excel for
analysis (see List Form)
7. Tells why a pattern was not recognized (the Why Not? button)
8. Tells about tested chart patterns, including failure rates and performance
tips (the Tell button)
9. Calculates a volatility stop for both up and down breakouts (the Volatility
button)
10. Calculates pivot points, S1, R1, S2 and R2 (see the Probability button)
11. Calculates a Fibonacci retrace for swing trading (see the Retrace button)
12. Calculates the probability of a price trend continuing (see the Probability
button)
13. Has trendline support click and drag the mouse (see the Chart Form)
14. Volume ticks show pattern end points, which helps with volume trend and
shape analysis.
15. Watch lists allow important securities to be found quickly and easily
Supports bar or candlestick charts
16. Extensive help, just press F1 or look at the black help window on each
form
17. Setup allows the tuning of Patternz parameters (see Setup button on
Chart Form)
18. Works with a variety of ASCII file formats
19. Supports Windows 3.11 and more recent versions, such as XP
Adware and spyware free
Its FREE


Download Link:
http://mysite.verizon.net/resppzq7/Patternz.zip

Database Building & Updation Process:-
Those who have Metastock can easely build database & update the EoD data into Patternz.

To build Patternz database
a. Open Metastock Downloader
b. Export historical data to a folder in ASCII format.

To update Patternz
1. Run Patternz.
2. Click on File Format
3. Check and configure the following:
4. 01 Date
5. 02 Open
6. 03 High
7. 04 Low
8. 05 Close
9. 06 Volume
10. How many columns does the file use? 6
11. Check Enable
12. Select the date format (usually Standard) suitable for your country
13. Save changes.
14. Open Metastock Downloader->Convert
15. Source
File Type: ASCII text
Browse the EoD data file
(The format should be: symbol,date,open,high,low,close,volume).
16. Destination
File Type: ASCII text
Select the Patternz database folder.
18. Options->Periodcity: Daily
->Click on Destination tab->Fields to output: only
check these boxes
Date, Open, High , Low, Close, Volume
19. OK
20. OK
21. Enjoy.

happy trading,
soumya

Disadvantages

1. Since the utility uses MS Access for data storage there are certain limitations. In MS Access there is a limit to the capacity to store data. Currently my data storage in MS Access of NSE data from year 2000 to current date amounts to 220 MB. I still use the utility. I have been told usually MS Access supports storage up to a maximum of 75-100 MB. Regards,

Saji Oommen

Database Building & Updation Process:-
Those who have Metastock can easely build database & update the EoD data into Patternz.

To build Patternz database
a. Open Metastock Downloader
b. Export historical data to a folder in ASCII format.

To update Patternz
1. Run Patternz.
2. Click on File Format
3. Check and configure the following:
4. 01 Date
5. 02 Open
6. 03 High
7. 04 Low
8. 05 Close
9. 06 Volume
10. How many columns does the file use? 6
11. Check Enable
12. Select the date format (usually Standard) suitable for your country
13. Save changes.
14. Open Metastock Downloader->Convert
15. Source
File Type: ASCII text
Browse the EoD data file
(The format should be: symbol,date,open,high,low,close,volume).
16. Destination
File Type: ASCII text
Select the Patternz database folder.
18. Options->Periodcity: Daily
->Click on Destination tab->Fields to output: only
check these boxes
Date, Open, High , Low, Close, Volume
19. OK
20. OK
21. Enjoy.

happy trading,
soumya

Dear Soumya!

When creating the output file in ASCII text, the header comes as <DTYYYYMMDD>,<OPEN>,<HIGH>,<LOW>,<CLOSE>,<VOL>.
Hence, patternz fails to read the file.

Any idea how to correct the header or eliminate it completely?

Best Regards,
--Ashish

Hi Ashish,

header doesn't create any problem. have u checked the Patternz File Format.

thanx,
soumya

hi Asish,

i attached my File format.

any workaround you can suggest?