Abstract.

Emerging patterns are sets of items whose frequency changes significantly

from one dataset to another. They are useful as a means of discovering distinctions
inherently present amongst a collection datasets and have been shown to be a powerful
method for constructing accurate classifiers. In this paper, we present di fferent varieties
of emerging patterns, discuss efficient techniques for their discovery and explain how
they can be used in classification.

Discovery of powerful distinguishing features between datasets is an important objective

in data mining. An important class of patterns that can represent strong contrasts is
known as emerging patterns.

Emerging patterns have been successfully used in constructing highly accurate

classifiers. In particular, for predicting the likelihood of diseases such as leukaemia and
discovering patterns in gene expression data.

Patterns vs. Trends: An Overview

The identification of patterns and trends are techniques used by analysts studying the
supply and demand of an asset traded on an open market. A trend is the general
direction of a price over a period of time. A pattern is a set of data that follows a
recognizable form, which analysts then attempt to find in the current data.

KEY TAKEAWAYS

A trend is the general direction of a price over a period of time.

A pattern is a set of data that follows a recognizable form, which analysts then attempt
to find in the current data.

Most traders trade in the direction of the trend. Traders who go opposite the trend are
called contrarian investors.

Patterns

A pattern is a series of data that repeats in a recognizable way. It can be identified in

the history of the asset being evaluated or other assets with similar characteristics.
Patterns often include the study of sale volume, as well as price. Patterns can occur
within a downward or upward trend, or they can mark the beginning of a new trend.

Patterns are the distinctive formations created by the movements of security prices on a
chart. A pattern is identified by a line that connects common price points, such as
closing prices or highs or lows, during a specific period of time. Chartists seek to identify
patterns as a way to anticipate the future direction of a security’s price.

There are bottoming, topping, and continuation patterns. A "follow-through day" pattern
is an example of a pattern used by some analysts to identify market bottoms. The
"head-and-shoulders" topping pattern is popular among day and swing traders, while
continuation patterns include the "cup-and-handle," "flat base," and "three weeks tight."

"The trend is your friend" is a common catchphrase among technical analysts. A trend
can often be found by establishing a line chart. A trendline is the line formed between a
high and a low. If that line is going up, the trend is up. If the trendline is sloping
downward, the trend is down. Trendlines are the foundation for most chart patterns.

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