• Get $40 off VIP by signing up for a free account! Sign Up

Automatic Charting & Target Price Identification


New member
What I am looking for is a website or software, and I don't mind paying if not free, that will take a stock, automatically recognize patterns/support lines/resistance lines and chart it accordingly as well as give me a reasonable idea of short and long term price targets based on trends and charting. My idea of short term is under 30 days, mostly under 10 trading days. Long term to me is longer than 30 days.

But if we can accomplish the same thing on ToS, fine but I am not a chart guy, I don't know or recognize technical chart trends and always either miss-identify price targets or over/under estimate them. So, something which is automatic would save a great deal of time and money lost.

If you use thinkorswim there is a pattern recognition built into it it's on the top right corner little bit below the top you'll see a symbol where it says pattern just simply click on that and once you click on it you will see the list of the patterns which it can read automatically and you just simply select those head save or apply and save and then it should show on the 15 minute chart 30 minute chart 1 hour and daily
Yes, price target help would be much appreciated. I tried the pattern recognition and this became more than it needed to be haha. Plus, I prefer looking at the 20 day, 1 hour chart and hate bouncing around from period to period. I know, lazy. But it works for me I guess. Narrowing down a semi-reliable price target after finding the right chart would be my main goal. I know the chart types I am looking for on the evening scanner and have preference and know it when I see it that's why I zip thru 200+ charts in short time every night. I know how to enter a stock. But I need a reliable exit goal and that doesn't mean sitting there and waiting for validation for 3 days or 2 weeks. Waste of time.
I checked out the TOS probability cone and that is useless because it basically divides the volatility by 50% and goes up or down equally. That is in no way a predictor
FYI I am a swing trader so my hold preference is between 1 day and 10 trading days. Though I have been known to hold longer. I have a few bags right now I am holding.
Tickeron. It wants you to subscribe, correct? I don't see any target price numbers. Did I miss it somewhere? I put in APPS because it's an upward moving stock which I own and wanted to know when to hold until.

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
576 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.