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 emg   Registered: Feb 2010 Posts: 5299 12-30-11 02:58 PM Understanding and mastering Linear Algebra is the first step of many developing your own indicator. This is rock science. Edit/Delete • Quote • Complain
 SimpleTrades   Registered: Feb 2011 Posts: 1257 12-30-11 03:13 PM Quote from emg: Understanding and mastering Linear Algebra is the first step of many developing your own indicator. This is rock science. [/B] Who needs an indicator when we have GrandSuperCycle! http://www.elitetrader.com/vb/showt...threadid=214546 Edit/Delete • Quote • Complain
 emg   Registered: Feb 2010 Posts: 5299 12-30-11 04:33 PM Here is Higher Education Exam sheet. http://ocw.mit.edu/courses/mathemat..._Final_Exam.pdf The question is, why are u losing? Edit/Delete • Quote • Complain
 usrx201   Registered: Sep 2011 Posts: 64 01-24-12 04:36 AM Is there a book or material in applying linear algebra to making an indicator? I took linear algebra. I had never heard of it's application to making trading indicators. I've just seen 3d graphics algorithms using some aspects of linear algebra. True it helps in deriving algebraic equations and mathematical proofs and basis, and is the first step into advanced math for a math major. In computer science one studies finite automata logic, and grammars and use discrete math. But again, I don't see how or haven't heard how that applies to making indicators. A lot of the calculus based math is used for modelling the physical sciences and engineering based on natural physical laws. But again, trading is not natural physical law. Trading is human fear and greed, and psychology has a long way to go in being able to predict or manipulate mass behavior and economics precisely. If quants and mathematical trading was that precise, Goldman Sachs would have done better this past quarter and MFGlobal wouldn't have failed big time. If anything HFT uses some logical ai but it's still based on observing buy/sell patterns. You don't need a full science college degree to learn to program an indicator. A 2 year degree, or a year spent learning to program C/C++ and basic pseudocode to learn about the tools to use is sufficient. All oscillator based indicators are lagging anyways. It says so in Stocks and Commodities mag. The human brain is better at anticipating prices than computers still by learning and practicing discretionary trading and price action. Edit/Delete • Quote • Complain
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