Optimum Chart is the Standalone Charting and Signal Platform. Optimum Chart is geared up best for your Price Action and Pattern Trading solution. You can generate buy and sell signals using the built in pattern scanner for both Forex and Stock markets. Here are the simple steps.

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Instruction (Manual) Document
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Title of the submitted instruction or manual Generating Buy and Sell Signals with
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optimization, simulation, backtesting,
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Date of Completion 16 May 2019
Version of this Document 1.0
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Generating Buy and Sell Signals with Optimum Chart
16 May 2019
www.algotrading-investment.com
www.optimumchart.com

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Generating Buy and Sell Signals with Optimum Chart
Optimum Chart is the Standalone Charting and Signal Platform. Optimum Chart is geared up
best for your Price Action and Pattern Trading solution. You can generate buy and sell signals
using the built in pattern scanner for both Forex and Stock markets. Here are the simple steps.
1. Open chart (any chart is fine)
2. Choose Timeframe (M15 or H1 is recommended)
3. Apply Pattern Scanner to Chart
4. List buy and sell signals from all symbols and all timeframe
Below is the screenshot to follow:

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After step 4, pattern scanner will scan through all symbols and all timeframe to notify you
potential trading opportunity. From here, you have some variations of steps. However, I will
explain general approach. After this tutorial, you can modify and tune these steps for your
own preferences. Inside, Pattern scanner you have about 9 columns. You can sort each buy
and sell signals according to different factors. First, you can sort it by its age. To do so, just
click over the column header. Age 1 means it is just 1 bar old. So it is hot and new pattern to
trade. Age 50 means the pattern was detected 50 bars ago. To check how this signal looks like,
just click Open Chart button. You can also filter out signals by pattern size or direction or by
timeframe, etc. You can use all these options to choose the best trading opportunity for your
trading styles.

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After clicking Open Chart button, pattern scanner will locate the pattern in new chart. You
can access its integrity. Furthermore, you can apply some template to check if the trading
opportunity is not overly going against some technical analysis. Likewise, you can check some
surrounding news and economic calendars to check if your trading opportunity is not overly
going against some fundamental factors.

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If you are determined to go ahead to open buy or sell position, you can save the pattern for
future viewing purpose. You can save as many patterns as you want in the different time.
Once the pattern is saved, it would stay there until you delete them by yourself. To delete
individual pattern, just click over Delete Pattern button. To delete all saved patterns, click
over Clear Saved patterns button.

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If you are new to Price Action and Pattern trading, do not forget to use the built in Simulator
to check how these patterns behave in different market condition. We also provide the
separate Harmonic pattern, price pattern indicator, and turning point detector inside
Optimum Chart.

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