Triangle pattern finder

[raven4ns]

Hello,
Does TradeStation have a triangle pattern finder either built in or a formula that someone has added? I use MultiCharts and am looking for such a formula. I trade CDN stocks and want to use a pattern finder not to select the trade but to eliminate those stocks that don't have any triangles forming in them. Any help would be very much appreciated. Thank you.

Kindest regards,

Tim

 

[StratOpt]

They provide code for pennants

 

[raven4ns]

They provide code for pennants

Hello StratOpt,
Thank you for your information. I am trying to find a software package that provides scanning for TRIANGLES and Rectangles or Channels for CDN stocks, not an easy feat....lol.
If you happen to know of such software please send me an e-mail at [email protected] . You have been most kind and helpful in the past which was certainly appreciated. Thank you again for your help and I wish you good trading.

Best regards,

Tim

 

[StratOpt]

I am not a pattern trader myself, so I don't focus upon those sorts of things, but if I can think of some software that provides scanning for such then I will report back my findings.

Greg

 

[rols]

Hello StratOpt,
Thank you for your information. I am trying to find a software package that provides scanning for TRIANGLES and Rectangles or Channels for CDN stocks, not an easy feat....lol.
If you happen to know of such software please send me an e-mail at [email protected] . You have been most kind and helpful in the past which was certainly appreciated. Thank you again for your help and I wish you good trading.

Best regards,

Tim

Try Pattern explorer.

 

[raven4ns]

Thank you Greg, I appreciate it. I have come across something called Blocks by Worden and some of the people there have triangle scans. Hopefully they will help and I can finally get on with my trading.

Tim

I am not a pattern trader myself, so I don't focus upon those sorts of things, but if I can think of some software that provides scanning for such then I will report back my findings.

Greg

 

[raven4ns]

Rols, thank you for your suggestion, I will look into it.

Tim

 

[designer]

Try TCScan+
But you have to use TC2007 which you can dowload for free at Worden.com.
You can nicely set your criteria.

 

[clbradley17]

StratOpt, where is the code for pennants at Tradestation? I have it, but not sure where to look. Thanks for any help.

Curtis

 

[JeffersonDarcy]

StratOpt, where is the code for pennants at Tradestation? I have it, but not sure where to look. Thanks for any help.

Curtis

Hi Curtis,
Did you ever figure out there the pennant code for Tradestaion is?

Thanks,
Jefferson

 

[Charlton]

Hi Curtis,
Did you ever figure out there the pennant code for Tradestaion is?

Thanks,
Jefferson

Go to Insert > showme

There is a showme indicator called pennant breakout

This ShowMe will draw each pennant formation identified, and also plot the up or down breakout from each pennant, whichever comes first, if it occurs within BarsPast bars of the completion of the pennant. Pennant extensions for the BarsPast bars are plotted as points. The breakouts are plotted as cross ShowMe's.

This is available in TS8.3, but I don't know about TS2ki, if that is the version you use

Charlton