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Price Action Lab

Note: The following information has not been updated by the vendor since 01/15/13.

Address:1133 Broadway, STE 706
New York, NY 10010
Phone # for sales: 2126561467
Fax: 2126561467
Website: www.priceactionlab.com
Click link to request additional product information.
E-mail address: traders@priceactionlab.com

CATEGORY: SOFTWARE

General Information | System Requirements | Market Information | Data |
Data Formats | Charts | Screening and Alerts | Trading Systems |
Options Analysis | Support | Additional Information

General Information TOP

Product name: Price Action Lab
Initial Price: $3,000
Brief product description: 

Price Action Lab (PAL) is a software program that analyzes market price action based on user-defined performance statistics and risk/reward parameters and achieves that by searching equity, futures or forex historical daily or intraday data in a fully automated way. The program offers three main functions: search for price patterns, scan for price patterns and P-Indicator calculations. Price Action Lab can generate EasyLanguage, Metastock, Wealth-Lab 4, TeleChart, NinjaTrader, MetaTrader and Amibroker code. Users may then combine the code with other indicators and advanced strategies in those platforms.

System Requirements TOP

Operating system(s): 
  • Windows98
  • WindowsNT
  • Windows 2000
  • Windows ME
  • Windows XP
  • Windows Vista
  • Windows 7
Minimum RAM required: 1024 mb
Minimum hard drive space: 100 mb
Minimum modem speed: N/A
Mouse required?: Yes
CD-ROM used?: Yes
CD-ROM required?: No
Demo disk available?: Yes

Market Information TOP

Markets followed: 
  • Stocks
  • Futures
  • Cash markets
  • Indices

Data TOP

Data type(s) utilized: 
  • Intraday data
  • End-of-day data
  • Historical Data
Sources for data: 
  • Provided by an outside data source
Downloader:  N/A
Data manager: 
  • Historical database included with purchase

Data Formats TOP

Formats read directly: 
  • ASCII
Additional formats read directly: 

Reads text ascii data available from almost all data vendors
Formats read after conversion to program useable data: 
  • AIQ
  • CQG
  • CSI
  • DBC (Signal)
  • Dial Data/Track Data
  • FutureSource
  • Genesis Financial Data
  • MetaStock
  • Pinnacle Data
  • Prophet Info. Services
  • S&P ComStock
  • TC2000 (Worden Bros.)
  • Tick Data
  • TradeStation
  • ASCII
  • Reuters
Additional formats read via conversion to program useable data: 

N/A

Charts TOP

Chart type(s) utilized:  N/A
Charting features:  N/A
Built-in indicators:  N/A

Screening and Alerts TOP

Ranking based on: 
  • Technical systems
Screening based on: 
  • Technical systems
Alerts based on: 
  • Technical systems
Alerts displayed on charts?: No
Alerts displayed in table?: Yes
Screening by individual system per market?: Yes
Save tables?: Yes
Automated printing of tables?: No

Trading Systems TOP

Trading system features: 
  • Stock system testing
  • Futures system testing
  • System development and testing
  • System performance reports
  • System tracking

Options Analysis TOP

Options analysis features:  N/A

Support TOP

Support features: 
  • Automated installation
  • Online help
  • Manual
Manual page length (if applicable): N/A

Additional Information TOP

Additional comments (please indicate additional indicators, special features and services here): 

Price Action Lab is not a typical trading program one can find in abundance, like a charting, a Technical Analysis or a backtesting program. Price Action Lab allows one to become a trading system developer in a few minutes without requiring programming and system testing experience. This capability is simply not available in those other popular programs.

General Information | System Requirements | Market Information | Data |
Data Formats | Charts | Screening and Alerts | Trading Systems |
Options Analysis | Support | Additional Information

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