Trading With Chart Pattern

marcus

Active Member
#2
Dear Soumya,

Thanks a lot for the patterns. I'd just like to ask you how do you search 1000's of stocks for double bottoms or any other pattern formations?

What software do you use ?

Have you written a script to scan for pattern formations?
 
#5
Hi Soumya,
In Ashok Leyland, GSFC, Jyoti & Taj GVK there was a hint of the start of the climb of the second bottom today. Will need another push upwards to confirm the pattern. What do you think?
Regards
Kuldeep
 

soumya_b

Active Member
#7
marcus said:
Dear Soumya,

Thanks a lot for the patterns. I'd just like to ask you how do you search 1000's of stocks for double bottoms or any other pattern formations?

What software do you use ?

Have you written a script to scan for pattern formations?
Hi Marcus,

one of my friend has build this s/w. it is completely under construction.
at its present form it is too complicated for a non-programmer to find chart pattern by using it.

thanks,
soumya
 

soumya_b

Active Member
#8
kuldeep49 said:
Hi Soumya,
In Ashok Leyland, GSFC, Jyoti & Taj GVK there was a hint of the start of the climb of the second bottom today. Will need another push upwards to confirm the pattern. What do you think?
Regards
Kuldeep
Confirmation :
price to close above the peak between the valleys. If you dont wait, theres a 64% chance that price will continue lower without confirming the double bottom.
Happy Trading,
Soumya
 

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