Depends.. Here's a simple sine wave - start and stop at 100. At first blush looks noisy. Some would make the case that banded SMAs would be a simpler less exotic implementation. Summary Statistics: ================================================== Price Range: 78.00 to 122.00 Velocity Range: -10.00 to 10.00 Acceleration Range: -6.00 to 7.00 Jerk Range: -9.00 to 8.00 Snap Range: -14.00 to 11.00 Here's his other thread expanding on the core thesis: https://www.elitetrader.com/et/thre...icting-the-future.107755/page-13#post-6128975
Those who do not understand the jerk, watch the Jerk store on Seinfeld. Those who do not understand how to calculate the jerk - go back to school !!! ++ there no effing way AI at this point can figure all the quirks of trading system design, there are just too many... take volatility ugly cousins for instance - the shift, the drift, the cluster and especially the spike, those will f..k with you non stop and your code will be so effing hairy you will be looking the exit sign...
Yup, jerk and snap going by @Sprout post is not for me, not gonna use it as its noisier than price. Saying that, @Sprout post doesnt make sense, eg acceleration above the zero line while price is dropping. Jerk is just a more volatile indicator of acceleration. Snap is just a more volatile indicator of jerk. I like to keep my algo trading methology simple and jerk & snap only adds to complexity which is not required.
is there a real indicator similar to velocity? or now that webull has custom indicator coding feature i can make one? ive been trying to figure out how to get one for years
market moves like its calculated by AI almost every pattern breaks exactly where books tell you to trade as a retail trader. like i dont understand why people find it so hard to belive that manipulation at this scale exists now? if market makers move markets and they are always ahead and the edge now is AI why is everyone in denial that their AI systems control the market today with precision youtubers keep claiming that they have better returns than institutional traders boasting about 500% return that institutions cant achieve. well now they can because AI can trade faster than you on lower timeframe i might not be good at trading but i am good at spotting small differences early and the way market moves is not the same as few years ago its impossible for bunch of humans to consistently create precise traps in the charts like we have now all you guys talking about all this complicated data you should be able to spot that too.