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Trendlines for pattern recognition in Stockfinder Rate this Topic:
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pthegreat
Posted : Saturday, January 7, 2012 9:55:45 PM

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Joined: 6/15/2008
Posts: 1,356
Shared a layout with ascending and descending trendlines.
Conditions for trendline breaks, as well as "diamond" , "triangle", and "pennant" formation.
by using the realcode examples, i'm sure one can add more patterns.

You can change the significance of each trendline, by clicking on the indicator on the top of the screen, and change the "3" to a lower or higher number.
I would add another set of the same trendlines, and change those to a level 1, for smaller moves.

couple examples:

Diamond :
http://screencast.com/t/ASeqfBUaNO9

Triangle:
http://screencast.com/t/ASeqfBUaNO9

Pennant:
http://screencast.com/t/C7E2rPCtifWe

I don't claim these conditions to be perfect, it's a quick and dirty, but hope to get some responses and maybe some others can add to these, based on the shared layout.

have fun,
P.



pthegreat
Posted : Saturday, January 7, 2012 10:04:02 PM

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Joined: 6/15/2008
Posts: 1,356
sorry posted the wrong link for Triangle, here's a a triangle example:
http://screencast.com/t/rgGOkgutXIJM
pthegreat
Posted : Saturday, January 7, 2012 10:08:40 PM

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Joined: 6/15/2008
Posts: 1,356
oh and as additional info,  it only plots the last instance of each trendline on the chart, otherwise it would turn into spagetti. therefore we can't backtest on the signals created by the conditions. 

An idea is to join a certain pattern breakout with a conventional indicator, ADX, TSV, etc....
pthegreat
Posted : Saturday, January 7, 2012 10:17:17 PM

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Joined: 6/15/2008
Posts: 1,356
for example SINA on hourly chart a break of the ascending trendline (red arrow), followed by a brkout of the ADX -DI. 

http://screencast.com/t/UbDUyZ7Rf
jas0501
Posted : Sunday, January 8, 2012 11:56:22 PM
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Joined: 12/31/2005
Posts: 2,499
QUOTE (pthegreat)
oh and as additional info,  it only plots the last instance of each trendline on the chart, otherwise it would turn into spagetti. therefore we can't backtest on the signals created by the conditions. 

An idea is to join a certain pattern breakout with a conventional indicator, ADX, TSV, etc....


One should be able to set the plot to be associated with a date pointer. Then one could move the pointer a view to motion of the trendline.

I did a similar thing with the last version of the dragon indicator.
pthegreat
Posted : Monday, January 9, 2012 7:56:25 PM

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Joined: 6/15/2008
Posts: 1,356
QUOTE (jas0501)
One should be able to set the plot to be associated with a date pointer. Then one could move the pointer a view to motion of the trendline.

I did a similar thing with the last version of the dragon indicator.


You did your layout in Blocks? I don't see any realcode. How did you get those toolbars on your chart?
Not sure how to set a datepointer in realcode.
I'm familiar with  "ActiveChart.ZoomEndDate" .
jas0501
Posted : Tuesday, January 10, 2012 12:14:06 PM
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Joined: 12/31/2005
Posts: 2,499
QUOTE (pthegreat)
QUOTE (jas0501)
One should be able to set the plot to be associated with a date pointer. Then one could move the pointer a view to motion of the trendline.

I did a similar thing with the last version of the dragon indicator.


You did your layout in Blocks? I don't see any realcode. How did you get those toolbars on your chart?
Not sure how to set a datepointer in realcode.
I'm familiar with  "ActiveChart.ZoomEndDate" .


I don't currently have access to StockFinder and it has been a while. I think you can drag date pointer into the code window.

The toolbars are "not supported" by very useful. I think you can drag them as well. Check the realcode for user input lines. 

I think you can hand code the lines as well if you can figure out the names of the control panel objects you create. getting into the blocks editor does permit inspection of the objects and their names.

I did due block diagrams for the dual date pointer layouts
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