Finds repeating patterns on your chart in less than a second, plus it gives you that pattern description in MetaStock formula language instantly. No other tool can give you the patterns, as fast as this MetaStock plug-in.

FEATURES:

• Finds repeating patterns, or patterns suitable for Long or Short entries, and marks them on your chart
• Gives pattern description in MetaStock formula language (Like REF(C, -1) > REF(C, -2) AND REF(H, -2) <= REF(C, -3) AND......... etc)
• Works very fast (With Athlon 500 CPU, 128 MB RAM it takes less than a second). As far as I know, no other tool available to give you the patterns that fast
• It can even work with real time charts. You will be able to detect the patterns on real time charts and react accordingly before others. Thanks to it's speed
• Can work on charts with 100 to 10.000 periods of data
• You can copy and paste pattern description into your formulas
• Since pattern descriptions are written automatically in a text file, you can save them for later use

LIMITATIONS:

• I thought it is not logical to search patterns on too much data or too less data and I put 100 to 10.000 periods limit to get meaningful patterns. 10.000 periods of daily data is more than 40 years of daily data. I may change this limits if you would like me to do so.

USAGE NOTES:

• When you set up MSPF add-in successfully, HGS - Pattern Finder expert advisor and HGS - MSPF indicator will be imported to Metastock.
• I did not password protected these formulas to give you some hints if you would like to write your own formulas which uses MSPF.dll
• MSPF.Pattern function takes two parameters;
  1. "Width" is for Periods width which the patterns will be searched. This parameter can take integer values between 3 and 9, and values lover than 3 will be considered as 3, and values bigger than 9 will be considered as 9 automatically. The lower this value, the more patterns MSPF will find.
  2. "Type"is for pattern type which will be searched. This parameter can be "R" or "Repeat" for repeating patterns, "L" or "Long" for patterns that suitable for Long Entry, "S" or "Short" for patterns that are suitable for Short Entry.
• To find the patterns, attach the "HGS - Pattern Finder" Expert Advisor to your chart. Patterns will be marked red on your chart instantly. To see the pattern description double click the Pattern.txt icon in commentary window.
• If you would like to search patterns with different parameters, just open the "HGS - MSPF" indicator with Indicator Builder and change the desired parameters for the MSPF.Pattern function in accordance with explanations in 1 and 2 and save the changes. Your Expert Advisor will be updated automatically.

REQUIREMENTS:

• MetaStock 7.0 or higher version.

MSPF IN ACTION

* Note that Repeating patterns and the Short patterns are the same for this data. It can be Repeating and Long patterns or all of them can be different. But mostly I notice that most Repeating pattern is either same with Long or Short pattern.

Check this sample pattern description (Pattern.txt) generated by MSPF

You can download the limited shareware version at download page.

If you have a question and can't find the answer on this page, please feel free to ask me.

UPDATES:

17 June 01

• Fixed a bug causing problems if MetaStock is not installed in the default directory ("C:\Program Files\Equis\MetaStock"). Now, "Pattern.txt" will be written in your MetaStock directory regardless of the path on your computer.

PRICE&ORDERING INFO:

MetaStock Pattern Finder Add-in is just 145 $. You can order via Shareit.You will be given a link for downloading, immediately after you have made the payment. Program size is 134KB and will not be a problem to download even for slow connections.

To place your order click the Shareit logo below or go to www.shareit.com

and search for program number 143825

* Shareit has different ordering options including secure on-line order for your convenience. You can also place your order in 6 different languages (English, German, Portuguese, Spanish, Italian and French) simply by selecting your language from the drop-down menu on top-right of the secure order page.