Chart Pattern Recognition For MetaStock - John Murphy.pdf

John Murphy Chart Pattern Recognition For MetaStock and MetaStock Pro 7.0 (and higher) Users Manual Version 1.0 All Rights Reserved Copyright ? 2000 Printed in the U.S.A. Equis International 3950 South 700 East, First Floor Salt Lake City, UT 84107 Equis and MetaStock are registered trademarks of Equis International. Microsoft Windows, Microsoft Windows 95 and 98, and Microsoft Explorer are trademarks of Microsoft Corporation. All other product names or services mentioned are trademarks or registered trademarks of their respective owners. This product is not a recommendation to buy or sell, but rather a guideline to interpreting the specified analysis methods. This information should only be used by investors who are aware of the risk inherent in securities trading. Equis International, MurphyMorris, John Murphy, and Greg Morris accept no liability whatsoever for any loss arising from any use of this product or its contents. Contents Getting Started 1 A Note from John Murphy 1 About John Murphy 3 About MurphyMorris.Com 3 What is a Chart Pattern9 4 Do Chart Patterns Really Work9 4 Human Subjectivity vs. Computer Objectivity 5 Installation 6 Types of Chart Patterns 7 Introduction 7 Trend Reversal Patterns 7 Introduction 7 Head Shoulders Tops 8 Head Shoulders Bottoms 10 Triple Tops 11 Triple Bottoms 13 Double Tops 13 Double Bottoms 15 Continuation Patterns 17 Introduction 17 Ascending Triangles 18 Descending Triangles 19 Symmetrical Triangles 20 Turning Chart Patterns into Trading Profits 23 Introduction 23 Step 1 - Screening for Patterns using the CPR Explorations 23 Screening Securities for Potential Trades 24 Step 2 - Applying Experts to Charts 25 Viewing Charts for Potential Trades 26 Step 3 - Viewing the CPR Expert Commentary for S