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Old 03-19-2006, 01:31 PM
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laviljoen is on a distinguished road
Classical Chart- and Candlestick- Patterns

Hello to all,

After browsing through this forum, I was amazed at the high calibre of MT4 programmers that hang out here -- i mean, coding a pattern detector for gartles / butterflies etc, is quite a accomplishment!

That set me wondering -- is there someone here that can code indicators for detecting classical chart patterns (Symmetrical Triangles, Wedges, Ascending Triangles, Descending Triangles, Rectangles, H&S, Flags and Pennants etc etc).

I have a ebook about these patterns somewhere, if it will help i'll post it here.

I know that it's not a "new" concept, but ...
Dan Zanger uses them on stocks, and holds the unofficial world trading record...
$10,775 into $42,000,000 in less than 3 years......

Kevin Matras also uses them on stocks with spectacular results....


Having a indicator that detects candlestick patterns would also be nice...
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Old 03-19-2006, 01:40 PM
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Here is a link to the top 10 bullish and top 10 bearish patterns:

http://www.coveredcallswins.com/char...hPatterns.html
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Old 03-19-2006, 01:47 PM
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And some more links...


Reversal Patterns:

http://www.baresearch.com/education/...l/reversal.php

Continuation Patterns:

http://www.baresearch.com/education/...ntinuation.php
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Old 03-19-2006, 03:25 PM
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Thanks for links, laviljoen.
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