«

»

Apr 06

Pattern Recognition Indicator For NinjaTrader

Pattern Recognition Indicator For NinjaTrader
4.1 (82.86%) 7 votes

Pattern Recognition Indicator For NinjaTrader

Unlike other pattern recognition indicators, this indicator utilizes polynomials to not only identify patterns currently forming in the market, but also to analyze historical data to see how the market is likely to behave after the pattern occurs.

Features

*For NinjaTrader 7.0.1000.4 and later

  • Advanced pattern recognition formula to predict future price movements
  • Replaces the need for backtesting by showing you exactly what the market has done historically when any given pattern occurs
  • Generates and displays trade statistics based on the historical patterns, allowing you to easily identify patterns which have been profitable historically
  • Ranks market forecasts based on correlation of historical patterns to current patterns
  • Customize number of forecasts, forecast length, and much more.
  • Buttons allow you to easily scroll to historical pattern matches for further analysis
  • Works with Futures, FX, Equities on any time frame or chart type
  • Automatically calculates trade risk, reward, and position size
  • Recognizes various types of candlestick patterns

Summary:

Pattern Recognition Indicator

This very unique product is unlike any other NinjaTrader indicators available. Other NinjaTrader indicators simply react to price movements. Our Polynomial Forecasting and Pattern Recognition Indicator calculates the best fit polynomial for the most recent market pattern, and identifies where similar patterns have occured in history. In other words, it is performing pattern recognition utilizing polynomials. Once the patterns have been identified historically, a polynomial is calculated to define the market activity for the market price after that pattern occured. Those historical patterns are then used as a forecast for the current market price. Therefore, our forecasts are based completely on historical price patterns.

More Information:

For additional information on our Pattern Recognition Indicator, please refer to our Users Guide.

Buy It Now:

Only $499.95 (for a limited time)

Purchase our Polynomial Pattern Recognition indicator by clicking the button below. NO REFUNDS. ALL SALES ARE FINAL!!!

3 comments

  1. Mike

    Do you have an instruction manual with this indicator. As you being the developer, what is the best default values for Forecast Bars? Forecast Degree? Forecast Lines? Poly Degrees? and Poly Length? Thank you.

  2. Free Indicators

    Mike,
    There is a users guide located in the post above located under the “More Information” heading. The “best” values are going to vary depending on the market, time frame, etc. that you are trading. Typically I find that the indicator is more accurate when forecasting a shorter number of bars (i.e. setting the ForecastBars to a lower number generally yields better signals).

  3. Mike

    Thank you for the prompt reply. I will view the user guide. In the meantime, I am purchasing your backtest software. It looks great.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.