Recognia

Recognia does not promote any setups as the best performing. We simply automate the accepted principles of technical analysis and provide the tools you need to find charts that exhibit all the characteristics you’re looking for, lined up at the same time.

Chart patterns are one of many useful methods for interpreting a stock and its behavior. There’s a large base of investors that rely on chart patterns and technical indicators.

Martin Pring who is one of the leading experts on Technical Analysis, and who happened to use Recognia’s product during his research, has a great answer to this question. Basically what he says is that price patterns reflect the collective market psychology, which is driven by people.

To create your own custom event setup, with the patterns and other technical events you want to see lined up on the chart, go to the Event Setup Library and click the button for Build a Custom Event Setup.Here you’ll see a drop-down called “Select Criteria” which gives you access to a library of

Perhaps it would be helpful to first outline the purpose of the Recognia system. Rather than a team of technical analysts manually analyzing charts, we have computer algorithms that automatically scan every stock looking for 50+ chart patterns and other Technical Events.