Price Action Lab™ (PAL) does not use genetic programming, neural networks, permutations or any other methods employed by some other programs that often produce random and curve-fitted systems. PAL does not search for any predefined pattern formations and it does not perform permutations or combinations of rules and indicators. The algorithm used for the pattern search, scan and p-indicator functions was designed carefully to minimize data mining bias. PAL also finds patterns with common characteristics that minimize selection bias. In addition, the program provides functions for out of sample testing and additional cross-validation. PAL is based on a proprietary algorithm that produces the same output each time it encounters the same conditions and this determinism is in compliance with the standards of scientific testing and analysis.

Price Action Lab™ (PAL) will discover price patterns in any market and timeframe of your choice in a matter of minutes by analyzing market price action based on user-defined performance statistics and risk/reward parameters. PAL achieves this by searching historical data in a fully automated way. The program offers three main functions: search for price patterns, scan for price patterns and P-Indicator calculations. Programming is not required to use the functions of PAL.  Actually, PAL will generate code for you. Please read our disclaimer before ordering

Price Action Lab™ has evolved from a pattern search program originally developed by Michael Harris, a well-known trader, trading system developer and author.  Version 1.0 of Price Action Lab™ was released during the summer of 2010.

Join now a select group of traders who have discovered the power of Price Action Lab. Only 50 licenses of the software  with serial number will be sold (Message from the owner). If you are looking for a trading edge it is time to discover the Power of Price Action Lab and become a trading system developer in just one day. No programming required. Actually, PAL will create code for you. Discover the Power of Price Action Lab™

Selected real testimonials from real customers:

"I've enjoyed all of Mike's [Harris] books and use of his software and I'm grateful for Mike [Harris] sharing his knowledge on price pattern generation.", P. K., Australia

"I have been using the software and am very impressed with it.", M.P., United Kingdom

"I recommend the software because it does what it says in the label, honest!", E. P., United Kingdom

"Thanks for your help and I want you to know that I am very impressed with the software and your support.", B.W., NC

"Thanks for an excellent software product, and a different view on trading the markets.", M. B., United Kingdom

"...I would not miss it for my trading. I also would like to thank you for your first class support...For me PAL works and I'm happy that I have bought the software.", W.S. Germany

News

-The PAL SPY2p5 system outperformed the market in 2012. Click here for more details

-Now PAL v3.0 allows portfolio backtesting and includes  several new features. Click here for more details.