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Registered User Joined: 2/6/2010 Posts: 7
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Hello,
Is there a generic code to detect a Head & Shoulder formation?
Thank you,
Burak
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 Worden Trainer
Joined: 10/7/2004 Posts: 31,161
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I am not aware of any currently available RealCode for StockFinder to identify Head and Shoulder Patterns.
-Bruce
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Platinum Customer
Joined: 10/27/2004 Posts: 743 Location: Philly area
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Trouble is there is no hard and fast definition of what is a head and shoulders..
Even worse, it's nearly impossible to write code to describe something that readily looks like something your eyes can instantly spot. Your eye adapts to your sense of what's good enough to pass your criteria (and visa versa) - one set of code can't cover all the possibilities of "good enough" or "not".
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