NAVA Patterns 2.0 —John Sweeney, Technical Editor NAVA DEVELOPMENT CORP. 251 -A Portage Road Lewiston, NY 14092 800-532-0041,716-754-9254 Product: Price pattern recognition, analysis and forecasting software Price: Program and manual, $495. Reliability module, $195. $595 for both. Free demo disk. Equipment: IBM compatible 286 or faster, 1.2+ megabytes (MB) on your hard disk, floppy drive, EGA better, 640K RAM, MS-Dos 3.0 or later. Say you're staring at a chart and you could swear you've seen this pattern before. But what's tingling your brain? Maybe it's the price pattern. Has it really happened before? Undoubtedly. What did prices do next when this pattern popped up before? Can't remember. Is there a low-cost way to find out? Now there is a low-cost research tool for chart pattern users with access to a computer. With NAVA Patterns, you select the formation you like (up to 30 bars' worth) and specify which characteristics you want to use to identify it, and the software checks back through all the past data it has available to see if that particular combination has occurred be- from those dates. You may edit data fore. If it did, it records the subsequent modestly from within Patterns, so most action for the next one to 250 bars. It will data manipulation (including making monitor price action and even forecast your own patterns) can be done within what will happen next when it finds a the program. As for interface, Patterns matching pattern. |
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