That's pretty interesting, I'm currently writing my own trade pattern recognition software incorporating a few similar signals. Trade patterns are not always correct and can be affected by external events so I prefer to use them as a guide forming part of a more holistic view including news events, earning reports and events affecting the sector. The software I'm writing is all about identifying stocks to put on my watchlist. I found a little documentation about Recognia and it looks like it captures a lot of useful trading indicators.
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- Bell Direct bearish chart signal - Share price $5.20 - $5.60 region
That's pretty interesting, I'm currently writing my own trade...
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