I have an idea
we can use technical tool to analyze the equity curve
if the equity curve break out the posthigh then we follow
sometimes I find the market has the characteristic that
the market will keep being trending or directionless for some time before it changes
so we can use equity curve to identify what market is now
maybe there r papers about this topic I do not know
I hope anyone who have interests in the topic to share it with me
we can use technical tool to analyze the equity curve
if the equity curve break out the posthigh then we follow
sometimes I find the market has the characteristic that
the market will keep being trending or directionless for some time before it changes
so we can use equity curve to identify what market is now
maybe there r papers about this topic I do not know
I hope anyone who have interests in the topic to share it with me