Ward Systems Group is announcing the Pattern Matcher add-on for the NeuroShell Trader. The Pattern Matcher grew out of many requests by users who wanted to know if patterns in their data streams had occurred before in history, and if so, what type of activity followed after those historical patterns. Some users also wanted to identify a pattern in history and be alerted when a similar pattern occurs in the future. The Pattern Matcher add-on meets both needs by providing indicators that match patterns and revealing the subsequent activity.

Pattern Matcher indicators work on any data stream in the NeuroShell Trader, Trader Professional, or DayTrader Professional. The Pattern Matcher can find patterns in raw price data streams or indicators made from raw data streams.

Unlike other NeuroShell Trader add-ons, the Pattern Matcher is not designed for use in either a neural network or a trading strategy to make buy/sell decisions. It is intended that the user treat the Pattern Matcher as an intellectual tool to provide input to one's own biological neural networks for discretionary trading, or as confirmation of other signals you may be obtaining in other ways.

So what does this mean? It means that the Pattern Matcher is designed to provide answers to the questions that have plagued technical analysts since long before computers were born:

1. Has the current pattern that we see in the most recent bars occurred in the past?

2. If so how many times, and how closely do those past patterns match the current one?

3. If there were a number of closely matching patterns in the past, what type of market moves did they precede on average?

You will be making your own subjective decisions about whether or how to trade based on the information the Pattern Matcher is showing you. These subjective judgments will be based on your own study and experience watching similar patterns, and based upon your decisions about what data streams in which to watch for patterns. Price streams (like open, high, low, close, and volume) may not be the proper data streams to be monitoring for patterns. Indicator data streams, in our experience, seem to provide a more reproducible pattern source.

For a few more details visit our site:

http://www.neuroshell.com/addons.asp?pm


Like most of our add-ons, the list price is only $299, and it is sent only by Internet download. You may also call us at 301 662-7950.