Category Archives: Price Action Lab Patterns

Update on the Performance of a Machine Designed System For Trading Forex

A system for trading GBPUSD based on daily data was machine designed by Price Action Lab on June 5, 2012. This post is an update on the performance of this system. Share

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Price Action Lab Software

This post offers a brief introduction to the features and capabilities of Price Action Lab (PAL) software. PAL is a tool systematic and discretionary quant traders can use to discover trading systems, scan markets for high probability setups and determine the … Continue reading

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Quantitative Analysis of the 4-Day Pattern in SPY

The 4-day pattern formed in SPY as of the close of yesterday involves three down days and an outside day. This particular price pattern has win rate close to 70% and all of its occurrences since 2006 signaled a 2% rise. However, … Continue reading

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A Few Practical Principles of Quantitative Trading

Many equity, futures and forex traders would like to transition to quantitative trading but think it is overwhelmingly complicated.  However, there are many levels of quantitative trading and if the right tools are used, the complexity level decreases significantly to … Continue reading

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Quant Analysis of the Double Inside Day Breakout in S&P 500

After forming a double inside day, prices yesterday closed above the high of the first day of this pattern. This new pattern has a small positive bias when tested on all S&P 500 stocks but occurrences are not very frequent. Share

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Quantitative Analysis of the Double Inside Day in SPY

Quantitative analysis of the double inside day in SPY formed as of the close of Monday, July 21, 2014, shows that this particular pattern has a very small bias that is indistinguishable from 0, and thus it is probably another … Continue reading

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High Probability of a Short-term Top in the Market According to p-Indicator

As of yesterday’s close, p-indicator results for SPY and QQQ show a negative bias for targets in the 1% -3% range. The significance of the results is moderate to high. Share

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