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Now that you mentioned that, I simply do not understand what the ultimate purpose of that webiste is. It is probably beyond my grasp. But I have read in the past some of the predictions/forecasts/calls by few premium bloggers there and each one of them was proven wrong. One guy was calling for...

Elliot waves? Fibo levels? You have higher chances rolling dice. http://www.random.org/dice/

A computer drawn trendline often has little to do with the usual chartist drawn trendline. IMO trendlines are good only for visual TA. If you are going to use a computer, then there are much better things you could do than trendlines. Besides these lines mean nothing in particular. Anyone who...

You could be right but then I have no idea of the details. Data-mining can be problematic but in a way, isn't that what someone is doing when testing hypotheses randomly? It's tough to come up with something robust so I am surprised when someone who found one wants to sell it to someone else.

Have you generated any interesting results? Sounds like an advanced setup. Well, those people claim that both systems they use perform well for them because they use them the right way. I know people making money from crappy excel and VB code. I talk often to this trader who has a TF system...

"AI training ----------------------- During this stage we will train an AI to identify the hypothesis on historical data. " Do you do only once or many times on the same training data? Because if you do it many times, no matter if you keep data for out-of-sample validation, data-snooping...

Do you mean that the logic of your strategy does not use the OHLC of bars but only tick data? If this an HFT system? There are several backtesters that can do testing at a tick level. You can use R for that also. I do not discount in advance that your system works well. Probably it has some...

Just out of curiosity, will you require approval of trades or the trader can place them through the API to IB directly? Will that take place in your company's account or you will capitalize the trader account?

This is an unsolved problem. There is no good method for getting out because that would depend on possible future continuation of the trend. The proper question to ask is how do you get in again if you get out too soon. This is one reason I do not like TF as It only looks fine in backtests and...

What are you talking about? The guy had lunch with Galileo a few days ago. He is a time traveler :)

Do you have backtesting results? Let's say for SPY. Or the entries are subjective, possibly influenced by some market bias or even the mood of the astro trader at the moment of entry?

By best, do you mean one that makes lots of money?

Did you read the note? * Results are from backtesting and are not indicative of future performance or success. Backtesting results are useless for performance measure. If you want to get an idea of what lies ahead for most forex traders read this article from one of the top quants around.

Amibroker is interesting. I wonder how easy is to do allocation backtesting based on technical conditions. I have not tried it but it shouldn't be hard. For example: 1. Start long 30% in XYZ1 and 70% in XYZ2 2. If cond1 or cond2 then change the allocation to 40% in XYZ1, 50% in XYZ2 and 10%...

All systems will break down when market conditions develop that were not included in their design. IMO the most dangerous thing one can do is letting an automated system trade. I discount in advance all calls of some successful system because they are so irresponsibly based on survivorship...

Understood but I think that price patterns have the least lag. If you are a longer-term trader maybe that is not important and a 50/200 sma cross can do the job as well but if timing matters, then most indicators generate lagged signals. Also note that price patterns are well-defined...

This is a good thread. xelite777, you are almost correct but not entirely. Leverage per contract is set by the broker but actual account leverage is set by trader capitalization. This article explains it well with examples. stocks pros: game is not zero-sum, dividend payments cons...

Trading is for people with money to risk and possible total loss will not affect their everyday life and well being. Trading, other than institutional which is a lot different than retail,is probably the worse thing one could do to make a living because the failure rate is extremely high.

Good point. Many smart people are poor because they feel sick about the whole thing. Perelman is the top example.

A MACD here, and RSI there, a stochastic over there,, and soon the poor wannabee Soros kisses his money goodbye...:D TA is mostly fraud.