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WEDGE based Pattern recognition ??


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  #1 (permalink)
md1933
memphis
 
Posts: 74 since May 2016
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I am looking for a Strategy and or Indicator, that sifts through ALL of the Futures and Forex Markets, as well as Stocks ( based on specifics, like..... Price, Average traded Volume, Beta, etc. ) , That will then ONLY give me those Markets/Stocks that are in the current Formation of a Falling or Rising Wedge

I am looking for a way to save me self hours of time , in looking through and scanning these Markets and stocks myself, and wasn't sure if such a Strategy or Indicator was already out there, that could detect these very specific Rising and Falling Wedge patterns ?

Please list the Name of the Strategy/Indicator , as well as what Platform it is listed with

Thanks so much


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  #3 (permalink)
galindog
Danbury Connecticut USA
 
Posts: 5 since Feb 2014
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I use Amibroker and in the past, I've been able to scan for pennants, wedges,etc.. I am pretty sure they don't have wedges in their pre-built library but you can get a consultant to program it for you. The issue is do you want to invest in the license, $350, learn it,etc . But I guess, if you don't have a system for scanning for those now, you are going to encounter the same learning curve with any other system u choose. good luck.

PM me for further questions. google "amibroker" for screen shots,etc...


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  #4 (permalink)
Rory
 
Posts: 2,743 since May 2014
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For Ninja I recall looking at this in the past, it s a strategy but a coder could create an indicator :

Links and Downloads Manager - NinjaTrader Support Forum

Potentially extendable?

Have you seen this? I did a quick google and a 14 day trial for token payment is available from these guys. Seems they have market analyzer functionality which is good. Obviously do due diligence on any 3rd party vendors. If you did test it out I'd be interested in hearing about it..

Chartist Indicator for NinjaTrader 7 and 8 - NinjaAddons


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