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Replies to #20 on chART Analysis
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Bird of Prey

01/29/02 9:01 AM

#21 RE: MechanicalMethod #20

Ok, I'll bite.


TA is an awfully broad base for a topic and you're request makes no real attempt to narrow things down. You want a "generalized" discussion of indicators without revealing your proprietary trading strategies. Fair enough. I can certainly understand not wanting to share that information since the more widespread that knowledge the less effective the strategy will be (typically).
I do agree with the comment that TA involves more than "throwing a few indicators together". IMO it is more art than science.
So I'll get things started.
Trading based on chart patterns (triangles, cup & handle, Head & shoulders etc.)...valid? or invalid?

The Bird of Prey


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SIWink

02/12/02 8:48 AM

#23 RE: MechanicalMethod #20

Your comments on non-linearity are timely to some research I am starting to work on. I just read a decent book on using Kernel Regression for non-linear forecasting. I am currently looking for some software that may allow me to use these concepts for modeling. The author (John Wolberg) talks about a system he is working on but it is not commercially available.

Do you have a background or interest in modeling non-linear systems? I realize that this will not be a holy grail but may lend to improved returns over the long run. I feel that it will be a few years before I can say with any surety that I have found this method to be profitable.

SIWink