Patterns

Pattern scripts are used to automatically recognize and highlight data bar patterns that provide insight to the future price movements of stock, futures and FOREX symbols.

Pattern scripts can be used in three different ways:

1. Trading strategy scripts, heat study scripts and even other pattern scripts, among others, can use a pattern script directly from their own code.
2. Pattern scripts can be visually plotted on financial charts.
3. Watchlists can be setup to show pattern script values.

Pattern Screenshots

Pattern Script	Engulfing Pattern

Pattern Scripts

The IQBroker automated trading platform ships with a library of premade pattern scripts that can be used without any programming, while custom scripts can easily be developed using the resource designer and IQLanguage.