Many traders use patterns to form a part of their trade decisions, does anyone know where there is an algorithm that provides these patterns for NT7? There is one offered by a partner, unfortunately, the cost is quite high and one I don't wish to incur at this time. If anyone has knowledge of where I could find such a formula, please let me know. Thank you.
Broker/Data: Multiple broker + Multiple feed (for access to specific exchanges)
Favorite Futures: European Indices, Precious Metals, Energy
Posts: 423 since Dec 2013
Thanks: 204 given,
What vendor did you see selling this?
I have looked at patterns before and found them very frustrating at times. I've not used them in NT7 explicitly however they can at times explain congestion well before price makes an impulsive directional move so I can certainly see why they are appealing.