Software for pattern trading

Discussion in 'Trading Software' started by intradaybill, Mar 23, 2008.

  1. I've done research about white box software program that analyze historical data and discover high profitability patterns (excluding chart patterns) and I have found three different classes:

    1. Neural network based. Example: Price about $1,200 for EOD.

    2. Genetic programming based. Example: Price in the 60k range and I can't afford it at this point.

    3. Data mining based, Example: Price about $1,200 but no charting, just a search engine and one must use Tradestation or Metastock or Welath-lab for that. Limited to price patterns.

    Has anyone used any of those programs? Any comments or suggestions regarding them or any other programs?

  2. frankl


    Hi Bill,

    honestly i must admit, that i didn't check out these applications, but as i am in contact with the german developers of "VectorBull", i assume to have a look on it.

    It scans historical data for new patterns, a backtesting engine is also included to verify the results, when trading these patterns.
    They have two versions, an EOD version for stocks and a realtime version for futures.

    Frank :cool:
  3. This looks like a black box that provides signals based on chart analysis. I'm interested in white box systems only.

    There are not too many white boxes out there. IMO never buy a black box, you're wasting your money.