I guess I should have mentioned that I'm trying to build a fully automated system. Of course in theory the cycle identification should work, but I was wondering if anybody had any significantly measured success with a particular methodology that was used for producing parameters for the other indicators.
By the way it would also seem that a cycle regressed to a sine wave would also have to account for translation/skewness in a trending market. > Other advice...stay away from stuff that focusses too much on the > *cause* of cycles rather than their observable *effects*, Are you saying to stay away from cycle identification methodologies that incorporates the underlying cause of the cycle into the indicator, or are you saying not to look at indicators that are built with the theory of cycle development in mind? Thanks --- In [email protected], Sirbrainfart <[EMAIL PROTECTED]> wrote: > > I probably should expand a little... > Certainly some of Ehler's stuff looks interesting (MESA and other dsp) > and they *might* be useful for the basis of a mechanical system. > Personally though Hurst's logic (and those of his peers) makes much more > sense to me from a trading perspective. > This is partly down to trading reality (you can make much more money > with *good* discretionary analysis than you can with any purely > mechanical system that I've come across), partly down to my own > analytical preferance and partly due to the fact that I am not an "ace" > programmer. Although the latter is the least relevant. > Other advice...stay away from stuff that focusses too much on the > *cause* of cycles rather than their observable *effects*, although from > your question it looks like you are wisely not considering anything > where you have to look to the heavens for clues :-) > Andy > > Sirbrainfart wrote: > > Yes, > > Books by Hurst (Profit Majic of Stock Transaction Timing), followed by > > Millard (Channels and Cycles) and Cleeton (The Art of Independent Investing) > > My advice...stay away from all the fancy filters and transforms as > > cycles are too ephemeral to mechanise fully. These books will help you > > use cycles as *part* of a *discretionary* method of trading. Unless > > you're a whizz programmer of course, in which case please pm me after > > reading these. > > Andy > > > > jeffro861 wrote: > > > >> Has anybody had any success with implementing cycle identification in > >> there trading systems? If so which one (MESA, FFT, etc.)? > >> > >> > >> > >> Please note that this group is for discussion between users only. > >> > >> To get support from AmiBroker please send an e-mail directly to > >> SUPPORT {at} amibroker.com > >> > >> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > >> http://www.amibroker.com/devlog/ > >> > >> For other support material please check also: > >> http://www.amibroker.com/support.html > >> > >> Yahoo! Groups Links > >> > >> > >> > >> > >> > >> > > > > > > > > Please note that this group is for discussion between users only. > > > > To get support from AmiBroker please send an e-mail directly to > > SUPPORT {at} amibroker.com > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > http://www.amibroker.com/devlog/ > > > > For other support material please check also: > > http://www.amibroker.com/support.html > > > > Yahoo! Groups Links > > > > > > > > > > >
