Recent content by mktforecast

Hi Mysteron Thanks for your thoughts. Much appreciated. [, QUOTE]Quote from Mysteron: I note that my previous post was censored - the animated ROFL emoticon was removed! Never mind. To be clear I don't believe your product has any value because any prediction method will...

Hi AAAintheBeltway, To put things in context, this product evolved from requests by a group of long time professional active traders who were NOT quants or systematic. These traders looked at things like RSIs and believed based upon anecdotal evidence that they added incremental value to...

AAAintheBeltway, Really appreciate your thoughtful comments. I think I'm doing a bad job explaining the product. If you'll bear with me, I'd like to take another stab and then get your thoughts on whether the value is existent/clear. What we do: 1. For a single stock, we track what...

You could try simulating how a levered ETF would have performed over the past 50 years.. and try simulating the strategy you mention.. my guess is you'll find that you sometimes get blown out of the water, even though if you simulate the strategy over the period where the etfs existed you'd...

A good point. The statistics we provide give you a sense for the distribution of historical outcomes when some indicator value was more extreme than it is today... meaning we give you a sense of the historic worst case scenario, best case scenario, etc. The idea being that you have a sense for...

Hi AAAintheBeltway, Thanks for your thoughts. Its true that people use the word "backtesting" loosely. To state what you are saying another way, what we are doing is saying "the RSI for AAPL is 5, lets see what typically happens to AAPL subsequently every time the RSI was less than 5 in...

Hi KeLo, Just to be clear, we're not saying you should do that trades with 2 and 4 occurances, we're just showcasing the kind of analysis you can do easily using our tool Thanks,

Hi Mysteron, Just to be clear, we're not recommending specific trades or selling proprietary indicators, but providing a tool that allows users to filter data in a way that saves them time. Our sense is that currently traders look at things such as highs and lows, but don't have a sense for...

Hi Magician, The analysis was based on Apr 2nd prices, so yeah they are lagged right now. We'll be posting stuff in the morning when the prices are not lagged and will eventually move to a more frequent analysis model. Thanks,

Hi fan27, Thanks for your response! To be honest, we're still trying to figure out the pricing structure. Right now we're thinking the base application (the screener, watchlists, etc) will be <40 bucks a month and then you'll be able to select and pay for additional studies as we add them...

Backtested performance of NFLX for the 10 days after its RSI, return, and relation to previous Highs and Lows are similar to what they are currently.

Here are the stocks hitting lows (calculated as of Apr 3rd) that have the highest positive return 10 days forward. The numbers are calculated by looking at all the historical cases when these stocks hit lows in the past and summarizing what tended to happen to them subsequently

We track indicators for thousands of stocks, and run daily backtests computing how each performed historically under similar market conditions to today. We allow you to screen trades based on expected profitability everyday. For e.g here are the highest/lowest forecasts based upon closing...

Here are the results of backtested studies of what usually happens to TSLA after similar price action to what has happened recently Register for a free acct (no cc required) at: www.MktForecast.com/