Intuition Amplifiers 2

The reason I use soroban as the inspiration for my Sentiment Spectrums is because it creates a visual ability to represent large amount of information in one easily recognized pattern. It is not used to do any math calculation at all; instead, it has inspired me to create an ordered bar graph in which the separate time components are presented in dynamic form and referenced to a sliding time window’s extremes. Just like in soroban the intuitively calculating parameters are not digits, but patterns on a bargraph.

 

I wouldn't say it's subjective. Rather it's intentional isolation of some inputs in order to exploit the edge of certain patterns and not be distorted by other patterns.

 

Psychobabble

 

The most powerful argument one can make with regards to price charts is that there is no real way of knowing whether the chart is real or artificially created using random generators. The foundation of technical analysis lies in the fact that the “real” chart has an imprint of “non-randomness” and, therefore could be predicted using all sorts of “technical analysis” tools. However, if there are no real methods of determining whether the chart is real or not then there could never be an assurance that the chart could be used for any TA based tools. Below is the chart of an instrument. If anybody could tell me whether the chart is real or fake and why you make that conclusion I would then reconsider my statement. But I do not think so.

Cheers,

MAESTRO

P.S. Please understand that there is no possibility of creating a winning game that is played on a normally distributed stochastic set of data.

 

I think it would be interesting to create a playback loop of a random 5 minute chart over an hour or so-- then do the testing of the TA folks-- some will likely make money on it, others will not-- typical random distribution, just like with real stock charts. surf

 

Nope, market can offer several opportunities in different directions and even without delta being involved completely (for volatility play) simultaneously.

 

So if anyone is successful using charts, that's according to the topic of this thread: intuition?

P. S. I can't say from the first glance if that's real market or random generated chart indeed.

 

My hypothesis in regard to charts is: random and "real" may look similarly indeed, but similar look and absolutely similar structure is not the same thing. Trading is a game of small edges and real market may act just slightly different, which is enough.

 

whoever said TA can predict the future with great accuracy?If that were the case some guy with a 20 period ema would rule the world. I find it useful for getting into and out of trends (a series of coin flips in the same direction)....

 

Hey kinggy-- if they are not use to predict, why not just use reasonable random entries--- the market is bullish today, so I'll randomly enter longs, the market is bearish so I'll randomly enter shorts?? Then manage the trade, cut losers, let winners run---- I betcha the results will be identical to those under the chart reading delusion. charts are just a crutch for the math inept. surf