The algorithm of InvAn prediction using pattern similarity is the following. It searches for the best match from the internal database by scanning all historical data. The ranking of all possible matches is calculated on the basis of minimum deviation and maximum correlation within given historical period (number of candlesticks). Pattern matching is performed using open, high, low, and close prices and volume data. When scanning is completed, it composes forecast using several best matched patterns (top ranked). The composite result is built as a weighted average with weights proportionally patterns’ ranks. More details can be found at www.addaptron.com
Major points in numbers:
- May 4-8: High 935
- June 15-19: Low 548