Why is the Prediction Region missing for Emerging Patterns?
11 of August, 2010
Only Complete Patterns have a Prediction Region. Emerging patterns do not have forecasts. This is in accordance with chart pattern theory.
What do the Yellow Bars in the First Column mean?
11 of August, 2010
The yellow bars found in the left column are simply an indication of the latest patterns that have been identified. They do not indicate which patterns are still valid. As a rule of thumb, don’t expect the pattern to predict movements any further than 1/3 to 1/2 of the pattern length. Yellow bars in the Emerging [...]
Why are some Patterns identified as both Continuation and Reversal?
11 of August, 2010
The reason is that over different pattern lengths our recognition engine may identify the preceding trend to be in two different directions. For example, the initial trend in the bars just preceding the pattern may be bullish, but looking a little further back and the direction may be bearish. This is not common, but it [...]
How do I interpret the Quality Indicators?
11 of August, 2010
The coloured columns are an indication of the quality of the pattern. They are provided in order to give you an indication of how well formed the pattern is. The recognition engine is lenient with regards to patterns it identifies (it would rather identify more instances than risk missing one), so along with the pattern [...]
Which Patterns does Autochartist identify?
11 of August, 2010
Autochartist identifies the following patterns: Triangles; Channels and Rectangles; Wedges; Head and Shoulders For more detailed information refer to the online help
Can I use Autochartist on Multiple Computers?
11 of August, 2010
Autochartist can only be used on one computer at any one time. You are welcome to install the software on numerous computers, but as soon as you have connected from another computer your original connection will be lost.
What is my Username and Password?
11 of August, 2010
Your Username/Password will depend on which company provided you with Autochartist. Below is a list of providers along with a helpful indication of where to obtain your login credentials: Autochartist Direct – if you purchased Autochartist online directly through the Autochartist website then your username and password should have been emailed to you during the [...]