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 Indicator > Pivot Pattern Recognition Engine
 
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Topic  
FutureInFutures
43 Posts
Posted - 08/09/2006 14:48:32    




Company Name: Professional Software Solutions
Phone: 310-289-5421
Email: pss@pobox.com
Website: http://www.profsoftware.com/tsadd/


FutureInFutures


Image 1: The “Pivot Pattern Recognition Engine (PSS_PPRE).”


The chart above shows a 3 wave Gartley setup - X/A/B/C/D. When a new pivot is detected the Engine analyzes the new waves. A minimum of 5 pivots is required for the Gartley setup(XABCD), which occurs in late march - when the PSS_I_PRRes Indicator starts drawing.

When the D pivot is reaching 19.01 - on 3/25/2003 - the gartley conditions are fulfilled - indicated by the jump of the thick white line from 0 to 100 (PRVal01).
You can also see the the three calculated ratios: 131.95=XD/XA, 77.64=BA/XA, 196.84=DC/BC.


Image 2: Here is the example of the Gartley configuration file.


The image above shows the Gartley configuration file defining the ratio of XD/XA in the range of 60 to 80 and 120 to 140 percent(%):DRatio1=XD/XA
C1=DRatio1|60,80|120,140.


Add-on Name: Pivot Pattern Recognition Engine
Technology: Indicator
Analysis: Fibonacci, Reversal Patterns, Trend-Support & Resistance
Market(s):All
Timeframe: All
Trader Profile:All


The PSS_PPRE indicator allows you to automatically identify complex patterns such as Elliot, butterfly, Gartley etc.
You can also incorporate the Pivot Pattern Recognition Engine into a trading strategy for automated trading.

The pattern configuration file can be easily customized for your any custom pattern. The PSS_I_PPRes Indicator
shows you the ratio of any pivot pair and the cause if all required retracement ratio(s) are met.


  • Automated detection of pivot patterns ((like Elliot, butterfly, Gartley etc).
  • Automated detection of major pivot points for Fibonacci retracement.
  • Pivot Pattern Recognition Engine can be incorporated into trading strategies for automation


http://www.profsoftware.com/tsadd/order.htm



dmo
209 Posts
Posted - 10/01/2006 21:26:08    
Can you provide more detail about your product?
FutureInFutures
43 Posts
Posted - 05/08/2007 14:07:14    
quote:
Originally posted by dmo
Can you provide more detail about your product?


Yes, The Pattern Recognition Engine processes the chart in the following phases:
a) Detect the major/minor pivot points (similar to the ZigZag Indicator)
b) Assign the pivot points to the letters specified in the configuration file
(Example: Assign last five pivots to XABCD)
c) Calculate the ratios between the assigned points
(Example: DRatio1 is XD to XA = 161%)
d) Check if the condition(s) specified in the configuration file check out
e) set the new bar status to YES(Matching pattern requirements) or NO

More details at:
Example Config File:
Symbols:
XABCD

Calc:
DRatio1=XD/XA
DRatio2=BA/XA
DRatio3=DC/BC
DRatio4=BC/BA

Cond:
C1=DRatio1|60,80|120,140

Result:
AND=C1

Cheers
/FutureInFutures
pitbul
2 Posts
Posted - 05/16/2007 01:07:42    
I dont see any free trial D/L
 



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