Chart Pattern Recognition Software Metastock Free
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I sold my MetaStock 8.0 and am now selling John Murphy's Chart Pattern Recognition Plug-in. Here's a description of the software.
As you can see the Regular price is: USD$399.00 and Sale price is: USD$299.00 but I'll sell it to the highest bidder. It's one of the better MetaStock plug-ins. Here's a link to the description which is given below.
If looking for patterns in EoD software there's a big list - Metastock costs a few hundred quid and you can then buy the John Murphy add on, I think thats in the £100-200 bracket, which will find patterns. Omnitrader can be bought for the standard few hundred and the latest version has a chart pattern finder. Though many candlestick products exist, they don’t offer detailed pattern recognition and filtering, and they don’t use correct methodology (original Japanese). Greg Morris, Western candlestick pioneer and author of “Candlestick Charting Explained,” has partnered with MetaStock to develop the Japanese Candle Pattern Recognition Add-on.
This copy is used but like new and includes the manual all in the original box.What are your charts trying to tell you?Hidden inside every chart is a story. A story about where the price has been and where it might go in the future. Some stories are obvious. Others are a little more difficult to figure out.These stories are told with patterns. Chart patterns are simply defined as pictures or formations made by price movements of the stocks or commodities you're examining. Numerous studies have repeatedly shown that these patterns have excellent predictive value. Here are some professional reviews to provide some balance.
Perhaps the others here didn't take the time to learn how to use it effectively. The other people I talked to found it very useful to find good trading setups.John Murphy's Chart Pattern Recognition'The module is very easy to use, and for those traders interested in better understanding, identifying and trading classic chart patterns, CPR offers the kind of hands-on experience that can shorten your learning curve considerably.' Active Trader, March 2002'I like the pattern choices available in CPR. CPR is a solid product that performs very well.' Dennis Peterson,Technical Analysis of Stocks & Commodities, February 2002'We found CPR useful in a number of ways besides the most obvious of alerting us to chart patterns being formed or confirmed. Using indicators such as the stochastic RSI., we often found that a forming pattern either reinforced our decision to buy or sell, or caused us to do more homework on stocks that gave conflicting signals.Overall, we found the program to be a valuable asset to our technical charting toolbox as well as providing a fun way to learn about chart patterns. All in all, a job well done by John Murphy and the people at Equis, earning an A+ rating.'
Matt Blackman, thechartmaster.com. Quote from BCE: John Murphy's Chart Pattern Recognition'The module is very easy to use, and for those traders interested in better understanding, identifying and trading classic chart patterns, CPR offers the kind of hands-on experience that can shorten your learning curve considerably.' Active Trader, March 2002'I like the pattern choices available in CPR.
Free Technical Analysis Software
Chart Pattern Recognition Scanner
CPR is a solid product that performs very well.' Dennis Peterson,Technical Analysis of Stocks & Commodities, February 2002'We found CPR useful in a number of ways besides the most obvious of alerting us to chart patterns being formed or confirmed. Using indicators such as the stochastic RSI., we often found that a forming pattern either reinforced our decision to buy or sell, or caused us to do more homework on stocks that gave conflicting signals.Overall, we found the program to be a valuable asset to our technical charting toolbox as well as providing a fun way to learn about chart patterns. All in all, a job well done by John Murphy and the people at Equis, earning an A+ rating.' Matt Blackman, thechartmaster.com /B.