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Head & Shoulders formation detection code? Rate this Topic:
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burak30
Posted : Wednesday, February 10, 2010 3:46:20 PM
Registered User
Joined: 2/6/2010
Posts: 7

Hello,

Is there a generic code to detect a Head & Shoulder formation?

Thank you,

Burak
Bruce_L
Posted : Friday, February 12, 2010 4:52:09 PM


Worden Trainer

Joined: 10/7/2004
Posts: 31,161
I am not aware of any currently available RealCode for StockFinder to identify Head and Shoulder Patterns.

-Bruce
jschott
Posted : Friday, July 23, 2010 9:11:47 PM
Platinum Customer Platinum Customer

Joined: 10/27/2004
Posts: 743
Location: Philly area
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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