{"id":1604,"date":"2008-02-28T01:50:51","date_gmt":"2008-02-28T01:50:51","guid":{"rendered":"http:\/\/www.amibroker.org\/userkb\/2008\/02\/28\/pattern-recognition-across-timeframes\/"},"modified":"2008-04-01T00:40:07","modified_gmt":"2008-04-01T00:40:07","slug":"pattern-recognition-across-timeframes","status":"publish","type":"post","link":"http:\/\/www.amibroker.org\/editable_userkb\/2008\/02\/28\/pattern-recognition-across-timeframes\/","title":{"rendered":"Pattern Recognition Across Timeframes"},"content":{"rendered":"<p><font color=\"#ff0000\">TEMPORARY DRAFT<\/font><\/p>\n<p><font color=\"#ff0000\"><\/font><\/p>\n<p>Two classical bullish patterns in daily bars.<\/p>\n<p><font color=\"#ff0000\"><a href=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr001.png\"><img loading=\"lazy\" height=\"502\" alt=\"PR001\" src=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr001-thumb.png\" width=\"850\" border=\"0\" \/><\/a> <\/font><\/p>\n<p>Timeframe shifted to weekly.<\/p>\n<p>Selector line moved to highlight the former Pivot Lo value.<\/p>\n<p><a href=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr002.png\"><img loading=\"lazy\" height=\"502\" alt=\"PR002\" src=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr002-thumb.png\" width=\"850\" border=\"0\" \/><\/a> <\/p>\n<p>Timeframe shifted to Monthly.<\/p>\n<p>Selector line moved to highlight the former Pivot Lo value.<\/p>\n<p><a href=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr003.png\"><img loading=\"lazy\" height=\"502\" alt=\"PR003\" src=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr003-thumb.png\" width=\"850\" border=\"0\" \/><\/a> <\/p>\n<p>&#160;<\/p>\n<p>Note that the 2nd and third Pivot Lo&#8217;s (not marked on the charts) are not significant in the monthly timeframe i.e. the monthly chart does not truly represent the underlying waves (cycles) of the daily chart (which I claim is the natural rhythm of the market notwithstanding that the intra-day charts tell us as much, if not more, about the behaviour of market participants).<\/p>\n<p>&#160;<\/p>\n<p><strong><u>Bonus Commentary<\/u><\/strong><\/p>\n<p>Comparing perfect equity with a buy&amp;hold strategy for three weeks (using an earlier section of the above chart).<\/p>\n<p>The charts are linked and in different timeframes.<\/p>\n<p>&#160;<\/p>\n<p>Perfect trades are an approximation of Pivot Hi to Pivot Lo marked in colour with corresponding % change obtained via the AB studies tooltips.<\/p>\n<p>For the sake of the exercise I cheated a little on the perfect swings.<\/p>\n<p>For convenience I ignored inside and outside days (not counted as a swing) -annoying little things those ID&#8217;s and OD&#8217;s &#8211; messing up my perfect theories like that.<\/p>\n<p>&#160;<\/p>\n<p><a href=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr005.png\"><img loading=\"lazy\" height=\"900\" alt=\"PR005\" src=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr005-thumb.png\" width=\"844\" border=\"0\" \/><\/a> <\/p>\n<p>&#160;<\/p>\n<p><a href=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr004.png\"><img loading=\"lazy\" height=\"460\" alt=\"PR004\" src=\"http:\/\/www.amibroker.org\/userkb\/wp-content\/uploads\/2008\/02\/pr004-thumb.png\" width=\"704\" border=\"0\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TEMPORARY DRAFT Two classical bullish patterns in daily bars. Timeframe shifted to weekly. Selector line moved to highlight the former Pivot Lo value. Timeframe shifted to Monthly. Selector line moved to highlight the former Pivot Lo value. &#160; Note that the 2nd and third Pivot Lo&#8217;s (not marked on the charts) are not significant in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/posts\/1604"}],"collection":[{"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/comments?post=1604"}],"version-history":[{"count":0,"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/posts\/1604\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/media?parent=1604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/categories?post=1604"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.amibroker.org\/editable_userkb\/wp-json\/wp\/v2\/tags?post=1604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}