Analyzer Pattern stat

Buy Pattern stat trading application in the store of automated robot systems

The idea of the Pat­tern Stat indi­ca­tor came from the 3rd assump­tion of tech­ni­cal analy­sis: The mar­ket is reg­u­lar but the his­to­ry tends to repeat itself.Now, each trad­er can check a cur­rent can­dle com­bi­na­tion (orig­i­nal pat­tern) for com­pli­ance with the 3rd assump­tion of tech­ni­cal analy­sis and at the same time obtain sta­tis­tic data about price behav­ior on a can­dle which fol­lows the pat­tern. The Pat­tern is made of closed can­dles and can com­prise of unlim­it­ed num­ber of can­dles. The pat­tern starts from the last closed can­dle.

The Pat­tern Stat indi­ca­tor has tools for exam­i­na­tion of the chart, col­lec­tion and dis­play of sta­tis­tic data. If you want to cre­ate a pat­tern just set num­ber of can­dles and ratio of devi­a­tion from the orig­i­nal and select OHLC prices to iden­ti­fy pat­tern on his­to­ry. The indi­ca­tor will be look­ing for this pat­tern in his­to­ry and inform about num­ber of match­es. Besides it will show what can­dles have fol­lowed this pat­tern.

The indi­ca­tor draws the most fre­quent vari­ants and first of all in the right part of the cur­rent chart. Pat­tern Stat cal­cu­lates only a can­dle which is next to the pat­tern. The indi­ca­tor draws all pos­si­ble vari­ants of this can­dle in the right part of the chart. Col­or of the orig­i­nal pat­tern changes depend­ing on type of the can­dle which goes after a tem­plate in his­to­ry. For exam­ple, if 20 of 30 match­es rep­re­sent bull­ish can­dle, then the orig­i­nal pat­tern will have col­or of the bull­ish can­dle.

Every can­dle drawn by the indi­ca­tor has a label. Click this label to change sta­tis­tic data for­mat. There are three for­mats:

  1. Con­sists of two dig­its:
    • The first dig­it ” num­ber of can­dles closed accord­ing to a labeled can­dle.
    • The sec­ond dig­it ” total num­ber of pat­tern match­es.
  2. Shows per­cent­age between the first and the sec­ond num­ber.
  3. Com­bi­na­tion of pre­vi­ous two for­mats.

Addi­tion­al infor­ma­tion is pre­sent­ed at the low­er left col­or. This is the num­ber of used can­dles and the num­ber of match­es. If the tem­plate con­sists of one can­dle, the indi­ca­tor dis­plays it as an arrow. Anoth­er indi­ca­tor’s option is a built-in Mag­ni­fi­er tool. The Mag­ni­fi­er will help to eas­i­ly switch to every found pat­tern to per­form its deep­er analy­sis.

Mag­ni­fi­er is rec­tan­gu­lar in shape and can be moved from pat­tern to pat­tern via arrow but­tons on the screen. There are three direc­tion­al but­tons. They look as fol­lows: “<”, “||” and “>”. But­tons “<” and “>” — Mag­ni­fi­er step to the left and to the right. But­ton “||” moves the Mag­ni­fi­er from the cur­rent (orig­i­nal) pat­tern to the pat­tern found by the indi­ca­tor and con­verse­ly.

You can also set noti­fi­ca­tions about obtain­ing desired num­ber of match­es of the orig­i­nal pat­tern in his­to­ry.

There is also a pos­si­bil­i­ty of fine adjust­ment of oper­at­ing space dis­play on the indi­ca­tor’s set­up pan­el.

Parameters

  • Used­His­to­ry ” num­ber of used can­dles. If = 0, the entire his­to­ry is used.
  • Devi­a­tion ” coef­fi­cient of devi­a­tion from the orig­i­nal pat­tern. The big­ger the val­ue is, the crud­er the result will be .
  • Use­Can­dlesToPat­tern ” num­ber of can­dles used for cre­ation of a pat­tern.
  • UseOpen­PriceR­a­tio ” YES/NO; use Open price for analy­sis.
  • Use­High­PriceR­a­tio ” YES/NO; use High price for analy­sis.
  • UseLow­PriceR­a­tio ” YES/NO; use Low price for analy­sis.
  • Use­ClosePriceR­a­tio ” YES/NO; use Close price for analy­sis.
  • Cnt_Matches_For_Alerts ” num­ber of match­es of the orig­i­nal pat­tern in his­to­ry to receive noti­fi­ca­tion.
  • alerts_Message ” text noti­fi­ca­tion.
  • alerts_Sound ” sound sig­nal.
  • WAV_file ” audio file to play. Must be in WAV.
  • alerts_Email ” send­ing email noti­fi­ca­tions.
  • alerts_Pushnotification ” send­ing noti­fi­ca­tions to mobile ter­mi­nal.
  • use_Magnifier ” YES/NO; use Mag­ni­fi­er.

Please note! The indi­ca­tor does not make fore­casts! The indi­ca­tor only shows sta­tis­tic data. It can­not be inter­pret­ed as a trad­ing sig­nal.

Pattern stat

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