Autochartist seems very promising. In fact, the only drawback is that they do not have a drag and drop of the lists they create to esignal (or other) "a la trade-ideas ". At least they could have an export function of the alerts lists in a format that any chart software could read. Imagine that...
Having a success rate of 55 % is not bad. In fact, it may be very good. I have about 9 months of trading and right now I'm considering myself still a novice in this matter. I have made lots of mistakes, big mistakes:
1-Over trading
2-Put a lot of money in each trade
3-Buy high
4-Stay too...
Weel, it seems that type of software that I'm talking about. And is fine for stocks too.
How good was your experience?
It detects completed patterns or also EMERGING patterns?
Just for the record and for users of amibroke I'm also playing with pattern explorer...
I prefer myself scanning software and not newsletters. In the last category I would add Stockbandit.com. The problem is that they give me the food already cooked and choose by them and not the menu. That's why I prefer software.
Besides, they are expensive (That may be too relative). I...
To scan a long list of stocks (or a list) and finding on that list patterns like Head and Shoulders or double tops is difficult but ...potentially very rewarding as you might guess. That was the purpose of my question.
Many people can see a head and Shoulder pattern on looking an individual...
Is there any chart package or any scanning software with the possibility of scanning chart patterns like Head and Shoulders?
I know that neoticker is one of them but do you know more ?