A system and method are provided for chart pattern recognition and
analysis. In one embodiment, a graphical interface is provided to enable
a trader to select a portion of a chart to be used in the chart pattern
analysis. The pattern of the selected portion of the chart could then be
used to find one or more similar chart patterns in a user-defined
timeframe, such as any future time period or a time period in the past.
When a reoccurring chart pattern is found in any future time period, an
alert signal can be generated to alert a user of a possibility of the
chart pattern reoccurrence. Alternatively, chart pattern matches can be
found in a time period in the past, and a set of studies can be applied
to the found matches to generate a set of reoccurring indicator values.
The reoccurring indicator values can be used in combination with the
chart pattern to detect any similar chart patterns in the future.