Results

The results are split into two main sections; complete patterns and emerging patterns.

• Complete patterns list the pattern occurrences that have broken through either the support or resistance lines.
  
• Emerging patterns list the patterns that have not yet broken through, giving you an opportunity to be pro-active in opening a position on the market.

The following is an explanation of each of the columns in the results:

• Exchange – Name of the stock exchange on which the share can be found. If all patterns in your search were identified on the same exchange, this column will be hidden.
  
• Symbol – Ticker of the symbol on which the pattern was found
  
• Interval – Time interval of the data on which the pattern was identified. If all patterns in your search were identified on the same interval, this column will be hidden.
  
• Pattern Name – Name of the identified pattern. For a description of the different types of patterns click here.
  
• Direction – Direction in which the breakout occurred. A arrow means the price broke through the resistance line. A arrow means the price broke through the support line. In the case of emerging patterns, blank arrows ( and ) are used to indicate the anticipated breakout direction.
  
• Time – Time at which the pattern broke through either the support or resistance line.
  
• Trend – Whether this pattern is a continuation or reversal pattern. Click here for an explanation of continuation and reversal patterns.
  
• Length – Length of the pattern in bars. For example: a pattern of length 30 found on 60 minute data would mean that the pattern was formed over 30 hours.
  
• Quality – The overall quality of the pattern - this is the average of all the other quality indicators.
  
• Initial Trend – Quality of the trend preceding the pattern formation. A longer, more steady initial trend is an important component of a high quality pattern.
  
• Uniformity – Indicates how uniformly spaced the price turning points are that touch the support or resistance lines.
  
• Clarity – How clear the pattern is, that is, the lack of random price movements during the formation of the pattern.
  
• Breakout – The decisiveness with which the price broke through the support or resistance line. This quality measure is irrelevant for emerging patterns.
  
• Volume – The relative amount of increase in the trading volume at time of breakout through the support or resistance line. This quality measure is irrelevant for emerging patterns.