Is anyone following the KAOS function based on fractal maths ? At 0.5 the hurst component shows a random move for stock above 0.5 a persistent move stocks will continue in the same directiob below 0.5 a non persistant move / trend reversal is probable Does it work >
Does it work to do what? I have used it to get a feel for whether an instrument is more mean reverting or trend following over longer periods of time. Outside of that, IMHO, it is worthless. nitro
THANKS Did you make some quantitative studies for that or just a feeling we get ? I went through a lot of charts and it seems interesting . I am going to make a few tests. I then need a few references