PFP features

Newest Features:

PFP Workspaces allow users to place charts onto the chart tabs and store the chart configurations into a workspace. This workspace can then be re-loaded at any time in the future to speed up the use of the PFP program and the users ability to quickly load a pre-designed array of charts. This feature operates in both the PFP 1.0 and PFP 2.0 program.

Fibonacci Retracement Levels have recently been added to the PFP program. The PFP program calculates the 5 most common Fibonacci levels and plots them on the chart. The users can select the high~low range to calculate the Fibonacci levels manually, or allow the PFP program to select the levels. The PFP program allows the user to plot the upper, middle and lower Fibonacci levels.

The Watch/Vision Table is the newest feature added only to the PFP 2.0 program. This new feature allows users to *instantly* identify any pattern within a CandleWatch or CandleVision database. It also allows users to *instantly* identify any trading signal with a CandleWatch or CandleVision database. The Watch/Vision Table provides detailed reporting features and allows the users to sort the queried results a number of ways. Future upgrades will include more enhancements to the querying features and reporting features.

Charting and Analysis Features:

Charts any Equity, Commodity Market (anything with an Open, High, Low, Close & Volume) in Japanese Candlestick and Western Bar format. The PFP programs can display multiple charts on screen at one time. The number of charts that can be visually displayed on one screen is limited to the screen resolution of your monitor and the physical size of your monitor.

Quickly compress any chart to Daily, Weekly, Monthly, Quarterly, Yearly or 3, 2 or 1 line break chart or compress to a variable type chart for more detailed (long-term) analysis.

Users can custom configure the visual display of the chart - including the chart color, candle color (empty, full and doji), pointer color, enable/disable the grid lines and change their colors as well as configure the number of trading sessions visible on the chart at one time and the size of the candles.

Users can modify the "Chart Tabs" which allow the users to organize the charts that are displayed on screen. The users can create up to 255 individual unique "Chart Tabs" to place chart onto.

Enable/disable the display of the "CandleBox" which is a floating toolbox showing the single candle formation, the Western technical indicator values, the single candle's price and date values as well as the graphical representations of the computer's automated analysis (called the "Vision Flags"). This window is used by simply moving the mouse pointer over the candles of any chart resulting in the appropriate values and images being displayed within the "CandleBox" window.

Users can choose to enable/disable the display of the additional "Indicator Windows" by simply clicking on a Speed Button or by a Hot-Key. The Indicator windows can be removed from the chart to provide the users with a larger picture of the market's chart action (when needed), or it can be included with the chart when the user wants to associate the Western indicator values activity with the chart action.

Users can print any chart they choose, after configuring the chart with the proper colors, visible indicators and the number of trading sessions shown on screen, in color or black and white.

Enable/disable the display, as well as change the technical indicator values of the following technical indicators:

Interactive Market Analysis:

Automated computer analysis of Japanese Candlestick price patterns, Western technical indicators and other specific trading libraries (models). The automated analysis includes detailed Buy, Sell, Top, Bottom and potential market reversal signals with suggested stop price levels and stop trailing levels using the following libraries:

Standard Candlestick Library
This library consists of the common single candle types.

Enhanced Candlestick Library
This library consists of the complex candlestick formations including pattern formations consisting of 2 to 40 candles in length. This library also includes the Confirmation, Continuation, Confluence and Combination pattern formations that assist the PFP program in maintaining a fluid representation of the market conditions. This library also includes the analysis of the Western technical indicators.

Geert Strubbe Trending Candle/Body Reversal Library
The G.Strubbe library is a market trend tracking system and breakout system. This system identified the current market trend and tracks the market's ability to accelerate within the defined market trend of breakout of the existing trend and includes the following pattern types:

Adjusted Stop Level Breakout System
The ASL Breakout library uses an advanced type of moving averages to track the markets ability to breakout of a congested trend and tracks the markets ability to maintain a trend. The ASL Breakout system identifies market breakouts (new potential trends) and tracks these market trends.

Fractal Top & Bottom Formations
The Fractal library identifies potential top & bottom formations and support and resistance on the chart. The Fractal library is used to identify when the any market may begin a new trend or break a prior support or resistance level.

Balanced Length Averaged Movement Library
The BLAM library uses a series of moving averages to track the markets ability to breakout of a congested trend and tracks the markets ability to maintain a trend. The BLAM system identifies market breakouts (new potential trends) and tracks these market trends. Also, the BLAM system identifies potential market stalling areas where the market may begin a retracement of the current trend.

Fred K.H. Tam Candlestick Library
This library is a combination of candlestick patterns that were identified by Mr. Tam. This library consists of only 4 patterns, yet these patterns are often very timely and accurate.

Takahiro Hikita Candlestick Library
This library consists of candlestick patterns that were identified by Takahiro Hikita, a software developer and investor in Japan. These patterns are very unique pattern formations and, to the best of my knowledge, have never been disclosed before.

3, 2 & 1 Line Break Library
This library consists of a Japanese version of a "point and figure" style chart. The Line Break chart is irrelevant of time. It simply tracks the markets ability to close higher or lower consistently. The term "Line Break" refers to the "breakout" style used to identify market reversals. A 3 Line Break means the market must close above, or below, the previous three bars to be considered a market reversal. A 2 Line Break means the market must close above, or below, the previous two bars to be considered a market reversal.

Bollinger Band Library
The Bollinger Band Library tracks the market price activity against the current Bollinger Band levels. This library also identifies potential market stalling points and potential market acelleration points. Great for teaching users how to understand and use the Bollinger Bands.

Technical Indicator Library
The Technical Indicator Library includes analysis of the other technical indicators included within the PFP software. These indicators are use in conjunction with the pattern recognition system. This library assists in identifying potentially profitable trading signals and teaching users how to understand technical indicators.

Using The Specialized Libraries:

PFP users have complete control of the interactive analysis libraries. Users can choose to enable or disable any of the libraries at will. The result is that the PFP program will only look for patterns in the libraries that are selected by the user.

Data File Access Capabilities:

Reads the following data files formats:

Users easily configure the Pattern Forecaster Plus software applications to access their existing historical data files by choosing the historical file type and the directory where the data is located.

Updates daily data from nearly any data provider. If you have a questions about your data provider's compatibility, simply email Bmatheny@ment.com.

Reads real-time data from Omega Research's TradeStation or Supercharts.

Users can configure their own specific download service within the PFP software application by choosing the "User Configured Download" option. This feature will allow the users to launch their specific historical data downloader from within the PFP program. Users can launch Windows or DOS applications.

Automated Analysis Features:

Instantly analyze any trading session for Buy or Sell signals by simply point and clicking on the candle the user wants to analyze then press F6 or double-click on any candle. The automated analysis of the PFP software applications includes a detailed pattern title, description, proper action, text signal, suggested stop placement and trailing levels as well as monitors the other Western technical indicator values for signs of strength or weakness.

** The CandleWatch feature (only available with the PFP 2.0 program) allows the user to establish and maintain individual lists of equities or commodities for the Pattern Forecaster Plus V2.0 software application to scan automatically every trading day. The CandleWatch can scan the data files on a daily, weekly, monthly, quarterly or yearly basis for trading signals. The CandleWatch feature also includes a detailed, or summarized, reporting feature whereas the user can generate printouts of the analysis information identified by the Pattern Forecaster Plus V2.0 software. These reports are very important to the professional investor because they can be generated by the computer automatically and can be printed for future reference. CandleWatch list files can be maintained, changed or updated as the user wishes to include/exclude individual files from the lists.

(The CandleWatch feature may take some time to complete depending on the number of files included within the list and the length of the individual data files. The CandleWatch feature opens, reads and analyzes all of the trading sessions within the historical data file, then records its findings into a database for reporting. The CandleWatch file list can contain as many as 16767 individual data files. If the user wishes to scan more than 16767 individual charts, he/she must create another CandleWatch file list.)

** The CandleVision feature (only available with the PFP 2.0 program) allows the user to back-test any chart for past trading signals or to quickly identify the types of signals that were generated over a specific timeframe. The CandleVision feature also includes a "Profitability Testing Module" which allows the user to quickly test signals that were generated by the computers automated analysis to accuracy. The Profit testing module includes unique options, which allows the user to configure the test to their preferred style of trading. The CandleVision also includes detailed, or summarized, reports of the signals that were identified by the computers automated analysis. These reports can be very useful for investors when attempting to learn and identify the types of signals the market is generating before entering a trade.

** The CandleVision Flags (only available with the PFP 2.0 program) allow users to visually see where BUY and SELL signals have formed on the chart and quickly see how well the PFP program will generate signals in the future.

The "Traders Log" is a diary-like tool for the investors to use to keep personal notes about specific markets and pattern formations. This software tool is provided with all PFP software applications.

Other Features and On-Line documentation:

Matheny Enterprises offers these software applications on a purchase and subscription basis. They are provided to users through a "Software Maintenance and Support Agreement" (SMA). Under this contract, the user will receive FREE upgrades to the software applications (shipping and handling charges may apply for users requiring delivery of the software other than electronic delivers via the Internet), unlimited technical support and training, and access to our priority web services where users can communicate with other PFP software users, retrieve market analysis information and share concepts and information with other users. This contract is included with the software application and can be accessed by clicking on the ORDER INFO button or by printing the ORDER.TXT file.

Pattern Forecaster Plus Pricing:

PFP 1.0x Lite	$25.00 Lifetime
The PFP 1.0x Lite is a "Starter/Training Tool" for traders that want to learn more about Japanese candlesticks and how to filter them with Western Technical Indicators. This version includes all the form and function of the PFP 1.0 version, yet has limited libraries of patterns (only 850 patterns). It acts as an interactive teaching/trading tool with "real market data" – perfect for the beginner. New version released on March 3, 2002.
PFP 1.0x	$75.00 Lifetime
The PFP 1.0x is an "Intermediate Tool" for traders that want to use and learn more about Japanese candlesticks, specialized trading models and how to filter them with Western Technical Indicators. This version includes all of our advanced trading libraries. It acts as an interactive teaching/trading tool with "real market data" – perfect for any trader who is tracking/trading less than 50 charts. New version released on March 3, 2002.
PFP 2.0x	$295.00 Lifetime
The PFP 2.0x is a "Professional Tool" for traders that want to truly benefit from the Japanese candlesticks, specialized trading models and filtered analysis with Western Technical Indicators. This version includes all of our advanced trading libraries and specialized functions (The CandleWatch and CandleVision) to handle huge numbers of charts – well over 10,000. It still acts as an interactive teaching/trading tool with "real market data" so that you give up nothing and get all the professional features you want. It is perfect for any professional trader who is tracking/trading more than 50 charts. New version released on January 20, 2005.

The PFP programs are provided with complete on-line documentation and help files. These files are very detailed and even include some training sessions to assist in teaching new users how to use the information generated by the PFP programs. If users have questions that are not disclosed within these on-line documents, they should contact Matheny Enterprises web page or technical support for further assistance.

Interactive Market Analysis
One fantastic benefit the PFP programs offer is the "interactive market analysis". This feature

Perfect For Every Investor
The PFP program is ideal for any type of investor (short-term, intermediate term or long term).

Order Now

  Matheny Enterprises Site Directory