Price Action Lab

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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 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.