Saying this, are you also saying that you can't teach someone to trade 1-2-3 type patterns profitably? Or do you instruct your students differently than you would a computer (and then why so)? The same way you would instruct one of your students to manage them? I'm not trying to pick on you. I am genuinely interested what, in your experience, makes it difficult to code logic that I think you believe can be taught (correct me if I am wrong).
austinp is a vendor, pretty much proof in itself that he is not a successful trader, making money selling services instead of making money trading. He would probably also say whatever is needed to get clients. So, IMO please dont encourage him to write more.
This statement is totally incorrect.An algo can spot trends compared to random noise or what appears to be trends , it has less data input on trading noise and scalping.