The Geek Forum

[Capitalist]

OK, I've decided not to start a second hypothetical trading account because that will be just way too confusing. However, there are several issues I need to investigate:

1. Should I be using the best PATTERNSET found to date for a particular instrument or should I only be tracking the best PATTERNS found to date? This PATTERNSET vs. PATTERN issue is crucial to figuring out how to use BPA to trade.

2. I need to study the top-ten pattern data that I have, down to the level of the specific events and conditions that make up each pattern. I want to know if certain events/conditions (like breaking to new highs/lows, MA crossovers, price reversals or whatever) turn up frequently in high-scoring patterns. I also want to know if high scoring patterns are generally clustered in the same patternsets, but this is tied in with the PATTERNSET vs. PATTERN issue.

3. I need to create and test many more patternsets. These will include sets that make use of all the standard TA indicators like RSI, MACD etc. I should probably do this before I do #2 because then I'll have more data for #2.

Anyway, the place to do all these projects is of course in the Market Lab of http://www.market-geeks.com. So my next step is to update the Pending Research List with these projects, and then get to work on them!

Although the detailed research notes and data will be available to members only, I'll cerainly post the major findings here on the forum.

The research lab is open.

Let's go to work...