Technical Analysis is total rubbish! Here's the proof!

Discussion in 'Technical Analysis' started by SillyWilly, Apr 27, 2018.

  1. LOL.PNG scam.PNG
     
  2. I generated random numbers with a simple gaussian distribution with a positive drift and this is what I got!! I do belive price action is semi uselful however I wouldn't ever base a strategy soley on price action
     
  3. You're either being sarcastic or just an idiot.
     
  4. Did you not see the random chart I just posted?!
     
  5. Based upon you "lines", the chart was poorly, innacurately drawn and therefore false.
     
    Handle123 likes this.
  6. What a worthless thread
     
    VPhantom, bone and tommcginnis like this.
  7. speedo

    speedo

    I believe surf makes these anti TA zombies in a lab.
     
  8. tommcginnis

    tommcginnis

    Congratulations -- but look up Monte Carlo analysis.
    Poke the {ReCalc} button on your keyboard a thousand times, and "call yourself an Institute."
    If you put in just a little effort and thought, you'll be posting a different story in no time at all.

    [cue Christopher Walken voiceover]
    "Hey! This T/A stuff is the shit! Look what I just made!" :wtf:

    T/A is nothing but moving-average pairs of price+volume in snapshots of time.
    How you choose to use it, or project it forward -- that is all on you.
    For some, the biggest part of TREND+Noise is the trend part.
    For others, it's the noise.

    Today, you found the noise. Don't miss the trend.
     
  9. speedo

    speedo

    :D
     
  10. truetype

    truetype

    I won't comment on the TA aspect, but here's a shot at making your code snippet R-like, with vectorization... no need for a for-loop.
    Code:
    s<-100;n<-256;sd<-.2;t<-1:n;z<-s*rnorm(n,0,1)
    price<-s+cumsum(z*sd/sqrt(s))
    plot(t,price,type="l")
     
    #10     Apr 27, 2018
    SillyWilly likes this.