Tour of APS Automatic Pattern Search - Create a T/S File

This tour will illustrate the program steps required for discovering daily price patterns in QQQQ ETF. For the purpose of this example it is required that all patterns found by APS satisfy the following criteria:

1. The patterns signal a new position at the open of the day following the pattern formation
2. The profit target is 5% and the stop-loss is 5% both in terms of the entry price
3. Each pattern has a minimum of 29 historical trades, long patterns have success rate greater than 64%, short patterns have success rate greater than 60%, the profit factor is greater than 1.40 and there are less than 4 consecutive losers present in the testing period.

The first step involves the creation of a T/S file with the profit target and stop-loss in a single line, expressed as absolute values. The file is then saved by the name "5" and shows in the program as "5.trs".