fishnet :useful or not

Discussion in 'Strategy Development' started by joesan, Jun 10, 2007.

  1. joesan

    joesan

    I found on net a picture like the attached: a fishnet

    someone says fishnet is just a trading idea, but with no concrete explanation. Could someone give me a hint, how could this stuff be developed into a realistic tool ?
     
  2. The graph reminds me of a price graph and lots of moving averages.

    I recall designing trading models that use only one moving average and test profitably using historical data.

    I do not find using lots of curves

    <img src=http://a1259.g.akamai.net/f/1259/5586/1d/images.art.com/images/-/Spaghetti-Head-Print-C10113409.jpeg \img>

    improves my trading.
     
  3. Fishnet is developed by a swede.
    I think if I remember right, that it consists of
    144 MA:s. From what I Know it`s not working
    better than just another TA-tool, and with very
    little success in daytrading, seems to suit
    swingtrading better.
     
  4. nkhoi

    nkhoi Moderator