A no non-sense chart pattern detection screener

A no non-sense chart pattern detection, screener for swing traders! By Joe Qi

Brief History • I used classical chart patterns for trading, but could not find stocks based on chart patterns I desired. • 2007: Created the first N-top / N-bottom and H&S pattern detection. • 2008: Initial launch of the website, with trendlines and detection added • 2010: TA indicator based screeners and statistics screeners added. • 2011: Flat channel breakouts, rounding bottom patterns added. • 2012: Real time web charts with trendline. Mobile applications launched (Trendline Charts) • 2014: Desktop Java application replaces web-based chart. Mobile Android app redesigned to be more interactive and all TA indicators supported (Interactive Stock Charts). A major facelift. • 2014 (October): Trend Reversal & Exhaustion indicator added and screeners supported. • 2015: TR Intraday trading method developed. Continued improvements and i. OS support? . . .

What is it NOT! • Screenulator is not a penny stock pick site! • Screenulator is not just another stockcharts! • Screenulator is not a speculator forum

What it IS • A suite of tools to help you TA analysis and make more accurate predictions on future stock prices • Chart pattern screeners • Custom screeners • Interactive Stock Charts (computer + mobile) • TR Indicator & Intraday trading candidates. • Supports over 17000 stocks in 12+ world markets

Interactive Stock Charts

Interactive Stock Charts • Interactive vs Static: You can scroll, zoom, pan and show info on mouse over / touch • Automated trendlines + Chart pattern screeners. Desktop version supports custom screeners • 15+ TA indicators and 5+ chart types • Supports both mobile and desktop (OSX and Windows, Java) • http: //www. screenulator. com/apps. html

Classical Chart Patterns • Chart patterns are highly sought after and reliable way to analyze stock charts • Examples of support patterns: Double top / bottom, H&S, Wedge, Channels, Resistance breakouts, Near support, Flat channels, Rounding bottom, Trendlines. • Recognizing these patterns is an art rather than science. Computers hasn’t been able to do it as well as humans.

Head&Shoulder (CRME 2015 -3 -25) Trendline Channel (BLKB 2014 -10 -2) Rounding bottom (PAM 2015 -2 -11) Flat channel breakout (ESPR 2014 -9 -30)

Common Trading Pitfalls • Wrong Approach (most people do this): Select stocks based on a news story, and try to analyze its charts with patterns / technical indicators etc. • Signals may never come or disagrees with fundamentals. This leads to missed opportunities, or buying too early, or lack of confidence and confusion. • Right approach: Select stocks based on chart patterns and technical signals, then see if the stories fit.

Chart Pattern Screeners • Select stocks based on technical indicators + chart patterns (then perhaps fundamentals – optional? ) • You can trade these stocks right away instead of having to wait for weeks / months • Screenulator screens all the chart patterns and common TA indicators over 17, 000 stocks daily!

Example 1: Chart of OVTI (Omnivision Technologies) – supplier to Apple, shows a blue support line with pivots labeled A - E. After pivots A, B, C are detected, the support line is established. When price reapproaches point D and E, "near support level" criteria is triggered and alerts traders to buy.

Example 3: One year chart of GLOG (Gas. Log - ships LNG on vessels) shows a steady uptrending line pivots marked A - D. At point D (December 2014), it showed "near support level" screener. Buy around $14, and in a couple of months, the stock moves up to $20

• Example 3: ESPR Esperion Therapeutics develops cholesterol drugs, showed high volume breakout on September 24 th, just prior to the annoucement of Phase 2 clinical trials. There is evidence of price movement before the news even comes out. Stock rockets from teens to $40+ in the following three months.

Gold ETF 5 year chart shows an example of support trendline break-down. On May 3 rd, 2012, support line is first breached at $159, also coincides with psychological $160. Subsequent retest on the same support line bounces off confirms the long term downtrend of Gold prices. The next chart shows continued dropping of Gold.

Custom Screener • Customize your own screeners by combining chart patterns and TA indicators and price metrics. • http: //www. screenulator. com/cgibin/browse_index for full list of supported screeners and chart patterns • Use ISC app for quicker and easier access to custom screeners!

TR Intraday Trading • New Addition to Screenulator. • Trend Reversal Indicator is based on 9, 13 count TD Sequential • Proprietary indicator only available to institutional and high net-worth traders. • High accuracy: 90% win rate on 5 min. charts • http: //www. screenulator. com/td_intraday_p icks. php

More to come… • • • Candlestick patterns Options / commodity charts More world markets support More TA indicators support If you have any suggestions / questions contact Joe at yue. j. qi@gmail. com