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Re: [EquisMetaStock Group] best indicator


  • Date: Mon, 18 Jan 2010 10:35:17 -0800
  • From: "Charles Brockman" <cmbrockman@xxxxxxxxxxx>
  • Subject: Re: [EquisMetaStock Group] best indicator

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Patrick Butler wrote:
> But one
> does need an indicator or perhaps better a pair of indicators...
> Which 2 or more would you recommend to concentrate on ?

I would recommend _against_ concentrating on one or two indicators. That 
will reduce your chance of developing a profitable system. If you discard 
the weighted moving average, for instance, that may be just the indicator 
that pushes a tepid system into a profitable one. Furthermore, an investment 
system must adapt to market changes. If that weighted moving average doesn't 
work for a particular stock today, it might next year.

Of course, combing through all the possible combinations is a mind-numbing 
task best left to the computer. See my blog entry at 
http://blog.gssta.com/27/genetic-programming/comparing-exhaustive-search-and-evolutionary-computation/

-- 
Charles Brockman



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