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Patternz by Bulkowski
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Patternz by Bulkowski

  #1 (permalink)
Membership Temporarily Revoked
Toronto
 
Futures Experience: Beginner
Platform: Sierra
Broker/Data: MB
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Posts: 313 since Jun 2013
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Patternz by Bulkowski

Hi there,

Well I am sure most of you have heard of the revered Bulkowski, one of the foremost experts at technical analysis.

I am thinking of using his Patternz software.

Has anyone ever used it and is it accurate?

Thanks,

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  #3 (permalink)
Elite Member
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Futures Experience: Advanced
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Yes, I have used it


I have used the software.

It was difficult to use in Windows Vista. (I now have windows8). I had an XP install on that laptop and I could use it only in XP mode.

The software itself catches a lot of price patterns. It should be treated as an educational tool which is what Bulkowski suggests.

Data is required in ASCII and only end of day.

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  #4 (permalink)
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charttrader View Post
Data is required in ASCII and only end of day.


so that means it wouldnt be useful on ninja trying to trade the ES

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  #5 (permalink)
Elite Member
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Patternz and Ninja...?

do not use Ninja so cannot answer this question. Usually, it is easy to save data as an ASCII file which can be accessed by Patternz.

However, I do not think Patternz is designed to trade any one security. The software runs a scan and identifies chart patterns currently in development. It is a chart pattern scanner, mainly. It is an excellent educational tool.

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  #6 (permalink)
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charttrader View Post
do not use Ninja so cannot answer this question. Usually, it is easy to save data as an ASCII file which can be accessed by Patternz.

However, I do not think Patternz is designed to trade any one security. The software runs a scan and identifies chart patterns currently in development. It is a chart pattern scanner, mainly. It is an excellent educational tool.

What time frame you used when trading with Patternz?

Were you on the intraday charts?

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