Hey,
This is for those of you who have some ideas that are just out there and need to iron them out a little.
let me give some background on myself
I am a computational mathematics student at Arizona State University I have been demo trading and live trading for a combined 4 years. I have settled on a system and money management style I really like, I am getting ready to fully automate after another 3 months of seeing how it performs.
I have a team of 2 other asu students, one of them is a forex trader and the other is a programmer. We are currently ironing out a few different indicators we programmed and built.
My current topic and research. CLASSIFYING MARKET CONDITIONS.
I began my search by saying to myself if I believed in one system trading all markets ever. I don't know if it exists and I'll put money on the fact that I wont come up with it. So from there I began putting down facts about markets that may change but stay rather consistent across many markets. So I came out with an easy breakout strategy that trades the London and now I am working more with volatility. Daily pip movement, and trying to plot the values out on a normal distribution vs time. in other words at the start of the new york session i know 75% of the time I am going to get a total movement from a to b of x pips and total range of this and bla bla bla. if you plot these values vs time I think you begin to see breakout's coming
I am sorry for the crude explanation, what I really also wanted to talk about was if anyone has heard of, programmed, or seen neural networks being used for pattern recognition and trading. I have seen several people make "market meters" from pattern recogition and also statistical analysis of the likelihood of increases and decreases in price as price continues.
This is for those of you who have some ideas that are just out there and need to iron them out a little.
let me give some background on myself
I am a computational mathematics student at Arizona State University I have been demo trading and live trading for a combined 4 years. I have settled on a system and money management style I really like, I am getting ready to fully automate after another 3 months of seeing how it performs.
I have a team of 2 other asu students, one of them is a forex trader and the other is a programmer. We are currently ironing out a few different indicators we programmed and built.
My current topic and research. CLASSIFYING MARKET CONDITIONS.
I began my search by saying to myself if I believed in one system trading all markets ever. I don't know if it exists and I'll put money on the fact that I wont come up with it. So from there I began putting down facts about markets that may change but stay rather consistent across many markets. So I came out with an easy breakout strategy that trades the London and now I am working more with volatility. Daily pip movement, and trying to plot the values out on a normal distribution vs time. in other words at the start of the new york session i know 75% of the time I am going to get a total movement from a to b of x pips and total range of this and bla bla bla. if you plot these values vs time I think you begin to see breakout's coming
I am sorry for the crude explanation, what I really also wanted to talk about was if anyone has heard of, programmed, or seen neural networks being used for pattern recognition and trading. I have seen several people make "market meters" from pattern recogition and also statistical analysis of the likelihood of increases and decreases in price as price continues.