Analyzes and charts trends in stock market using Andrews-Babson concepts. You can run historical tests to find optimal signals, including multi-level analysis (such as daily and weekly), and include sectors. View list of stock values and charts in real time. Trade. Receive alerts via e-mail, phone, screen. Set alerts and automatic trading based upon limits, stops, moving averages, technical analysis (including Elliott Waves). Keep records of all your trades, commissions, and dividends, and have reports giving total profits per hour, month, year, by stock or account.

A unique and very important feature is the ability to examine your trading history including maximum drawdowns. This feature is not found anywhere. It is important not only to know your profits and losses in the past, as a guide to examining your trading strategies. Maximum drawdowns are also critical. If a stock drops too far from a recent high, there is a point where we cannot tolerate the loss and sell. Examining the maximum drawdowns gives you a feel for how you can tolerate your trading strategies, and how you must adjust them.

Open an account with Interactive Brokers. They have the lowest commissions anywhere! Use Patterns to view real time charts. These charts are the best charts around! Trading data from IB are automatically entered into Patterns accounting tables. Click on the IB button on the left to go to the IB site.

Sign up with MyTrack. The first week of trading is free. Once you register you can use Patterns to access MyTrack to get real time data, make trades, and to view your account history. With Patterns, you can export this data to Excel files so that other stock analysis programs can import and analyze this data.

Click on the MyTrack button on the left to go to the MyTrack site. Click on the Patterns picture on the left to go to the registration site.

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.

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!

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.