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TradingPatterns.com has released version 4.8 of APS, Automatic
Pattern Search, which can discover trading system models based
on price patterns automatically. The user is not required to program
anything other than to specify the desired historical performance
of the trading models to be discovered.
The System Tracking module monitors the trading signal generation
of the models the user selects. A daily function scans a universe
of securities for price patterns formed as of the close of the market
that meet a set of historical performance criteria specified by
the user.
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