Replies to post #457661 on Anavex Life Sciences Corp (AVXL)

[XenaLives]

I didn't say they invented "new" T.A.

What they invented was a way to counterfeit T.A. through AI manipulation of fake sales.

WASH TRADES RULE !!!!!

[Steady_T]

TA looks for patterns. Those patterns are found in human behavior.
AI is better at discovering patterns than Human TA. It works from much larger data sets with much finer granularity.

However, many of the HFT programs rely on microsecond pattern recognition and front running based on data distribution delays. That is for the high activity stocks with large volumes of trades.

You can see the computer programs at work if you have LVL II. Put in a bid and watch the LVL II step away from your bid instantaneously on a slow day.
Cancel your bid and the bid and ask move down instantaneously.

Anavex chart follows the XBI chart in shape much of the time with a 1.5 to 2 beta in both directions. There is no real reason for that behavior except for algo trading.