This is the install routine for
Patterns, the trading system. Download and run the exe.
Trialware: use for 30 days free, and may be renewed for an
additional 30 days. If you register the program with MyTrack, and agree to be a
beta tester, you may use Patterns for 180 days free.
Along with the purchase of the program, you will receive data files going back,
in some cases, decades.
The purchase price is $290.00 This includes updates and requested
new features.
Click here to download the setup program for Patterns 39.6
Installation notes:
Download setupPatterns.exe to hard disk. Shut down virus
protection software prior to installation.
While connected to Interactive Brokers (IB), open Patterns, press the IB button.
Add stocks to the list of stocks. It remembers what you added. Double click on a
stock, and the data will be downloaded from IB, and a chart will come up.
This program can keep track of your trades. The trades are entered either manually,
or during the automatic brokerage service. There are many reasons for this.
One is so that we have complete records of all of our transactions:
Deposits to the brokerage house, trades, fees, interest, etc.,
so that we can have records that can be used to verify brokerage statements.
As is well known, banks make mistakes, and we must protect our mistakes.
If you trade using
Interactive Brokers,
the trades are entered automatically.
This avoids human error.
A second reason for the accounting database is the opportunity to run queries over the database,
which give profits each month, for each stock, or whatever.
Finally, this gives us the important opportunity to calculate the maximum drawdown of our account.
When trading, there are two important items. One is our profits and losses (P&L).
The other is maximum drawdown, the maximum difference from a high value in our
account to a low value. Once this is too large, we sell, regardless of
other trading considerations. Very few stock accounting packages give this vital information.
Patterns is a program that traders can
use to test and implement trading systems utilizing Andrews pivots.
It draws all the Andrews lines correctly and automatically.
Use this program to view and trade the market.
You can get intraday data for free!
Press to see Help.
A test of the Best Six Months (BSM) strategy of Leslie N. Masonson.
This is to buy around November 1, and sell around April 30. I tested this, and found that it is false.
I created a chart of SPX. Rather than looking at daily or monthly bars,
I modified Patterns, so that there are three bars in a year.
The first bar is for data until Apr 30, and the last bar is for data from Nov 1.
If the BSM strategy is valid, then the close of the middle bar should be below the open.
Most of the time it is not so.
Click here to see the charts of three bars in a year.
|
Click here to go to the Precision Trader site for information on the Andrews course.
Click to register for MyTrack.
Click to go to the Interactive Brokers site.
Click here for payment details.
Click here for customer care.
To
download the help file for Patterns, right click here, and press
Save Link As
Click here to
view the Patterns help file as an Adobe Acrobat file, if you wish to print it.
|
| Next: Program description of Patterns |
