Nirvana´s new Chart Pattern Systems Plug-in represents our best Signal generation technology to date. This plug-in will significantly enhance your ability to find and trade the most powerful chart pattern events that present themselves in the market every day.

The CPS 2.0 Plug-in is a collection of trading Systems and Strategies that automatically fires Signals on the 7 key Chart Pattern events. Seven separate trading Systems generate Signals on the 7 Chart Patterns outlined in Ed Downs´ book "The 7 Chart Patterns that Consistently Make Money," providing actual trading Signals on Charts Patterns on the Vote Line and in the Focus List.

Trading Systems are used to create Strategies in OmniTrader, and we have created robust Strategies for each of the Systems. Each Strategy has been tuned with Filters and other Strategy elements to get the best Signals. The Trading Systems in CPS 2.0 can be used to create new Strategies or to improve existing ones.
When the CPS 2.0 plug-in is installed, these Systems appear in the System and Confirmer blocks in the Strategies. They can be used to generate Signals, to confirm Signals in other Strategies or to generate exits. The possibilities are endless!
With CPS 2.0 you also receive 16 Candle Pattern Systems. We took these Systems and used them to confirm Signals for greater accuracy! We also built and tested several Classic Long Term Patterns, including Head and Shoulders and Double/Triple Tops and Bottoms. These Systems are generating amazingly good Longer Term Investment Grade Signals.
Mechanical Profitability!
The biggest news surrounding CPS 2.0 is the inclusion of three powerful Mechanical Strategies! By “Mechanical” we mean the Strategies are showing profitable trading characteristics in 100% mechanical trading. We tested them over multiple time frames and they are showing outstanding results.
The CPS Pattern Signals Strategy shown to the right, combines several non-optimized patterns with a mechanical exit to yield a purely mechanical trading system. The Strategy is testing at over 67% accuracy with mechanical profitability for each of the past 5 years on the S&P 100!

The CPS Swing Trading Strategy shown to the left is designed to trade Swing moves in the market using The 7 Chart Patterns. For this Strategy, individual patterns are “tuned” for Short Term performance. Both Long and Short Signals are generated, and Mechanical Exits are defined in the Strategy.

The CPS Position Trading Strategy shown to the right uses Longer Term patterns such as Head and Shoulders and Double Tops and Bottoms to provide an “investment” approach to trading. The Strategy generates Signals that have also been showing mechanical profitability!


Also, Making Money with CPS 2.0 Seminar by Ed Downs included as your FREE gift with purchase of CPS 2.0 Plug-in – a $199 value!
Making Money with CPS 2.0 is the perfect sequel to Ed Downs’ original Chart Pattern Book, “The 7 Chart Patterns that Consistently Make Money”. In the seminar, Ed shows you why Chart Patterns work. He also illustrates why Candle Patterns are the “ideal signal confirmers” and how the classic patterns like Head and Shoulders are optimal for identifying longer term moves. There is a special section devoted to Money Management and Ed also talks about the tools in CPS 2.0 and how to use them. This comprehensive seminar will really help you understand how and more importantly when to use this product.
The Chart Pattern Systems 2.0 Plug-in Includes:
Candle Pattern Systems
7 Key Chart Pattern Systems
Long Term Pattern Systems
Strategies:
Pattern Signal Strategies
Mechanical Strategies
You won’t find Trading Power like this anywhere at any price. No other product on the planet gives you this kind of flexibility or firepower. Put the prospecting power of patterns to work for you today!
* CPS Plug-in works with OmniTrader 2006 and later versions. Not available for prior versions of OmniTrader.