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June 2007 Stocks and Commodities Traders Tips

How Effective Are Rectangles?

Original article by Markos Katsanos
AIQ code by Richard Denning

The AIQ code for finding rectangle patterns is given below. Three rectangle patterns are provided for emerging rectangles. The first uses three high pivots and three low pivots to define the rectangle. The pivots must be within the parameter DF to qualify. A four and five pivot rectangle finder scan is also given. This code can be used for the basis of additional testing or for finding rectangle patterns that are forming so one can watch for a break out.

EDS Code For Rectangles:


















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