stochastic (non-deterministic) trading algorithms

Discussion in 'Automated Trading' started by superrobot77, Dec 23, 2011.

  1. Hi,
    Does anybody out there know of or even better have experience using stochastic, non-deterministic trading algorithms?

    So just to be very clear about what I am looking for:
    A trading strategy that implements an element of probability/chance. So such a trading strategy if backtested on the same historical data over and over would yield different results every time.

    I know they exist but don't know how widespread their use is in the real world. I don't really care about how successful they might or might not be when run on actual markets.
    I would be really grateful for any knowledge of such trading algorithms._
    Thanks in advance._