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Is there software/scanner available to do this


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  #1 (permalink)
 franky 
Ireland
 
Experience: Intermediate
Platform: Ninjatrader
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Hi,

I have spent a couple of days trying to find if there is on the market a piece of software that can scan predefined prices on a tic chart (or even scan for a predefined period on a tic chart) for chart patterns for forex, spot or currency futures.

There is software out there like Autochartist, but its earliest timeframe is 15 minutes....and probably the nearest I can get to is Wave59, but here it can only go down to 1 minute currently.

Any help or thoughts would be appreciated.

Thanks

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  #3 (permalink)
 
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 Fat Tails 
Berlin, Europe
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Experience: Advanced
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I think it is not clear what you try to achieve ....

Do you look for alerts if a price level is hit?

Do you want to analyze price over a period?

Do you want to check for some pattern?

Do you want to watch a basket of instruments?

Do you want to enter or exit trades based on that information?



Best you post a sample chart, which includes the signals that you look for and which shows the trades you want to enter or exit based on those signals.

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  #4 (permalink)
 franky 
Ireland
 
Experience: Intermediate
Platform: Ninjatrader
Posts: 9 since Jul 2009
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Fat Tails View Post
I think it is not clear what you try to achieve ....

Do you look for alerts if a price level is hit?

Do you want to analyze price over a period?

Do you want to check for some pattern?

Do you want to watch a basket of instruments?

Do you want to enter or exit trades based on that information?



Best you post a sample chart, which includes the signals that you look for and which shows the trades you want to enter or exit based on those signals.



Thanks Fat Tails,

Yeah I want to analyze price over a period....for possible recurring patterns. But off a tic chart and for forex to begin with. Trying to avoid eyeballing if possible hence the software/scanner option.

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  #5 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
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Thanks Received: 27,104


franky View Post
Thanks Fat Tails,

Yeah I want to analyze price over a period....for possible recurring patterns. But off a tic chart and for forex to begin with. Trying to avoid eyeballing if possible hence the software/scanner option.

Yes, but from your succinct description it is impossible to find out, what you want to do.

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Last Updated on May 4, 2012


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