by Jayanthi Gopalakrishnan
PO Box 4608
Blue Jay, CA 92317
Phone: 909 337-0816
Product: Identifies trading patterns on
an end-of-day basis.
Equipment requirements: IBM-PC
compatible computers running
Windows 95/98/NT, Pentium 133
MHz for Windows 95/98 and 200
MHz for Windows NT, at least 32
MB RAM (64 MB for Windows NT),
70 MB of hard disk space, one
standard parallel port. Data formats
supported: TC2000 3 and 4;
MetaStock; AIQ; CSI; ASCII.
Identifying patterns on a
chart can be a challenging
task. No matter how difficult, however, it is a must
for any technical analyst, and because
of its complexity, it is possible to overlook some patterns critical to your trading. To avoid those situations,
Kasanjian Research has introduced
PatternSmasher 2.06, a program that
will automatically identify the patterns
you are looking for.
Sounds good — but you still need to
know what the patterns you’re looking for
are. If you are scanning for head-and-shoulder patterns, you must know the
relationship between the beginning and
end of price swings and the conditions
that need to be met when prices break
above the trendline. That way, you can
give PatternSmasher specific instructions.