priceactionlab questions

Quote from semaj68651:

Does priceactionlab work well with intra-day time periods like 1min,3min AND 5min time periods?

It does but only if you do the work to test the patterns in out_of_sample for significance.
 
Quote from luisHK:

Hi

I follow the blog and became interested in their software, especially that some posters here seem satisfied with it.

Can you offer more feedback ?

Totally different approach to system design, indicators and TA in general. I suggest you first read these papers below. If you understand them maybe you should be able to use software like that. If not, you will be wasting your time:

http://www.priceactionlab.com/synthesis.pdf

http://www.priceactionlab.com/Literature/pIndicator.pdf
 
Quote from jimbojim:

Totally different approach to system design, indicators and TA in general. I suggest you first read these papers below. If you understand them maybe you should be able to use software like that. If not, you will be wasting your time:

http://www.priceactionlab.com/synthesis.pdf

http://www.priceactionlab.com/Literature/pIndicator.pdf

Thanks Jimbojim, bit your links aren't opening from here. Anyone else with same issue ? I will try again from the office.


Do other users agree with the following statement ?

Keep in mind that this type of testing takes long and requires a lot of computing power. It is not for the average Joe. Do not get this program unless you have a spare powerful computer to install it on. Do not even think that you will have this program running while you watch the market, send emails, surf the web, etc. "
 
Quote from luisHK:

Thanks Jimbojim, bit your links aren't opening from here. Anyone else with same issue ? I will try again from the office.

OK now.
 
Quote from luisHK:

Keep in mind that this type of testing takes long and requires a lot of computing power. It is not for the average Joe. Do not get this program unless you have a spare powerful computer to install it on. Do not even think that you will have this program running while you watch the market, send emails, surf the web, etc. "

I agree. Anyways, if you want to use a program like that it makes sense to load it on a fast machine and let it do the work. Nice thing about this program is that you can list all your searches on one workspace and let it run for as long as it takes to get the results.

When you get the results you can then save parts of it to different files and test them independently in out of sample. Very versatile and smooth process.
 
Quote from semaj68651:

THANKS

No problem. Did you finally tried the program with the intraday data? I had it do a few runs last week and the results weren't that bad. I didn't run and out of sample tests though.
 
Does Priceactionlab make full use of multiple cores in modern computers? Is there a setting for the number of cores to use or does it use all available computational power?
 
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