Is there any method related to detect price patterns?

[aytacasan]

Hello,

Is there any method related to detect price patterns (Wedge, Triangle, Flag etc.) something like CandlestickPattern (http://ninjatrader.com/support/helpG...ickpattern.htm) method? If not, is there any plan to implement it on NT8 next releases for use in custom strategies?

Thanks,
Aytac

[NinjaTrader_ChelseaB]

Hello aytacasan,

I'm not certain what your inquiry is.

The CandlestickPattern can currently be used in a strategy. This is demonstrated in the example in the help guide page you have linked in your post.

if (CandlestickPattern(ChartPattern.BullishEngulfing, 4)[0] == 1)
  EnterLong();

Can you clarify your meaning when you mention:
"Is there any method related to detect price patterns (Wedge, Triangle, Flag etc.) something like CandlestickPattern"

Is there another indicator you are referring to that you are attempting to call from a strategy?
If so, what is the name of this indicator?

[aytacasan]

Hi Chelsea,

Sorry about my poor English. I'm saying that there is CandlestickPattern method which is detect candlestick chart patterns and we can call in a strategy.

Something like that method, is there any method that detect price patterns;

if (PricePattern(PricePattern.Flag, 4)[0] == 1)
EnterLong();

If there is not, is there any plan for implement this feature in future releases of NT8?

[NinjaTrader_ChelseaB]

Hello aytacasan,

I'm not aware of an indicator such as this.

If you have specifics about how the internal logic would be created, you can contact a professional NinjaScript Consultant who would be eager to create or modify this script at your request or assist you with your script. The NinjaTrader Ecosystem has affiliate contacts who provide educational as well as consulting services. Please let me know if you would like our business development follow up with you with a list of affiliate consultants who would be happy to create this script or any others at your request.

[aytacasan]

Hi Chelsea,

You said that "I'm not aware of an indicator such as this." Are you mean i don't know what is price pattern or don't know what is flag, wedge, triangle... price patterns? If so, sorry but you have to find another job immediately. You can not support us about trading platforms and it's related concepts.

You said that "If you have specifics about how the internal logic would be created...". I have actually everybody have this specifics because there is this price patterns since discovery of technical analysis.

I'm aware of consulting services. I'm not asking services, i'm asking that NT has already this functionality? If not is there any plan about it? Of course if developer team report to customer service about future release's new features.

Thanks,
Aytac

[NinjaTrader_EricB]

Hello aytacasan,

Thank you for your reply,

No, to clarify, NinjaTrader does not come installed with this functionality outside of the CandlestickPattern items already discussed.

Let us know if we may assist further.

[aytacasan]

Hello Eric,

Thanks for you clarification. Are you have any plan to implement this type feature for NT at future releases? I'm asking that because i see in this days some other trading platforms (i don't want to say which are because of don't want to do their advertisement here) provide this feature for it's users. And this is really good feature. NT is the best trading platform in my opinion so it can be provide this feature easily

Also if you don't have any plan about it, so i recommend to NT developer team to think about it.

PS : If you want, i can send an email about one of the platform name and it's screenshot that support this feature.

[NinjaTrader_EricB]

Thank you for your reply,

There are not plans to implement this, but I will certainly forward a note to our development team for future feature consideration.

We look forward to assisting further.