In order to use APS Automatic Pattern Search you need to specify the following:1. A data file
of the price history to use in the search for price patterns. The file must have appropriate
format.
2. The desired performance
of the price patterns (minimum profitability, minimum number of historical trades and maximum number of consecutive losers) and the risk/reward objectives to apply (specified in a T/S file).
The software setup includes sample historical daily and intraday data files in APS format. These files are located in the subdirectory ..
\
APS\data of the program. If you want to use the demo to search for
price patterns in your particular market of choice, you must supply historical intraday or daily data in the proper format. Look at the help file for format specifications and click here for data vendors..
Also, one sample search workspaces and one sample scan workspace are also included in the subdirectory ..
\
APS\Mywork. You may open those workspaces and view the parameters specified in them. Results are also
included.The following two steps are required in order to setup a search: for price patterns
1. Create a T/S
file: The T/S file contains the profit target and stop-loss values to be applied to the search. Each line in a T/S file represents a profit target and stop-loss pair used in the back-testing of price patterns and in order to calculate historical performance. The values in a T/S file may stand for percentages or increments (points) of the entry price and that parameter is specified on the search workspace. Clck
here
for instructions about selecting the proper values to input in a T/S file.2 Create a search workspace:
In the workspace you specify the T/S file to use, the historical data file and the trade input and search parameters.
The following two steps are required to setup a price pattern scan:
1. Create a T/S
file: The T/S file contains the profit target and stop-loss values applied to the scan. Each line in a T/S file represents a profit target and stop-loss pair used in the back-testing of price patterns and in order to determine historical performance. The values in a T/S file may stand for percentages or increments (points) of the entry price and that parameter is specified on the scan workspace. Clck
here
for instructions on selecting the proper values to input in a T/S file.2 Create a scan workspace:
In the workspace you specify the T/S file to use, the historical data file and the trade input and scan parameters.
When creating a search or scan workspace you may introduce multiple search or scan lines with
different data file, T/S file and search or scan parameters. For more information and for support related issues please consult the program help file and our
support section.
