SaifrX can help you pump out robust trading systems in a little amount of time. Problem with this software is that it costs 7,000$ for the light version and 30,000$ for the Pro version and is difficult to understand (too math and stat intensive) I think deep pocket banks and institutions use this kind of software. Little traders like us still employ technical analysis the standard 30 years old way.
Been doing some basic reading on stuff like this http://www.tsresearch.com/public/optimization/genetic/ Have no idea if it works....
Grant...Thanks (I quoted you in italics below) Good advice, and that is what I do, it's just that I have trouble producing the yield I want. My latest discretionary system shows some promise and has enough "slop" to fine tune and get me in the 50% club...always looking...always visualizing look at the worse-case â and double it.
Is there any services out there using A.I/neural nets to forecast 1 day and/or 5 day intraday for S&P500 ?
does anyone use WealthLab Pro? I seem to see it everywhere as an ad, but cant find anyone who uses it. Would like to know a person's take on its learning curve, predictability, how its used in trading situations.. thanks
Of course genetic algorithms 'work' - they can be used to make effective optimisers. Whether this will lead to making money is another question entirely.