028: David Aronson shares research into indicators that identify Bull and Bear markets, including the Golden Cross/Death Cross, RSI, ADX, ROC and many others.

028: David Aronson shares research into indicators that identify Bull and Bear markets, including the Golden Cross/Death Cross, RSI, ADX, ROC and many others.

David Aronson is a pioneer in machine learning and nonlinear trading system development and signal boosting/filtering.

He is author of “Evidence Based Technical Analysis” and his most recent book "Statistically Sound Machine Learning for Algorithmic Trading of Financial Instruments" is an in-depth look at developing predictive-model-based trading systems.

He was also an adjunct professor of finance, regularly teaching MBA and financial engineering students a graduate-level course in technical analysis, data mining and predictive analytics.

In this episode David shares research into the effectiveness of indicators to identify Bull and Bear markets; he’s tested a large number of indicators and combinations with some interesting results! We also discuss issues with data mining, conditions where traditional methods of measuring data mining levels can be problematic and then finish up with the future state of Technical Analysis.

Topics discussed
  • What the popular Golden and Death Cross can tell us about the probability of a Bull or Bear market
  • Using the RSI indicator to determine market state
  • Methods to reduce the lag the 50/200 Moving Average crossover experiences
  • Using ADX and Price Variance to identify Bull and Bear markets
  • Creating indicators based on the value of other indicators
  • Modifying the McClelland Summation Index indicator to identify market states
  • How datamining increases the chance of good luck in the results
  • Why the White's Reality Check and Monte Carlo Permutation methods breakdown using certain data-mining approaches
  • How the role of Technical Analysis could change over the next 10 years
  • New developments in Machine Learning which may see the end of the role of technicians

Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.

Avsnitt(242)

002: Brent Penfold discusses trading principles, money management, risk of ruin and how to overcome greed, hope and fear in trading

002: Brent Penfold discusses trading principles, money management, risk of ruin and how to overcome greed, hope and fear in trading

In this episode with Brent Penfold we cover fundamental topics that impacts traders of all levels, from beginner to advanced. We talk about some of the psychological issues traders face, the principles all traders need to accept to be successful, that elusive Holy Grail of trading and an extremely important mathematical concept that can identify if you’re going to blow up your account, so don’t miss that. The guest also provides actionable tips and tricks to overcome these issues along with a simple method to determine if a strategy is broken, which could save you lots of money and stress. Topics discussed: How to trades 24 markets actively and be finished by 9:30am The simple reason why most traders fail The principles all traders need to accept to be successful The one mathematical measure that can tell if you'll blow up your account - don't miss this! The Holy Grail The most important aspect of trading How to remove hope from your trading How to combat greed The impact fear can have on your trading and a hot tip to overcome it A simple method to determine if your strategy is broken, this tip could save you loads of money!   Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.

19 Apr 20151h 12min

000: Welcome to Better System Trader

000: Welcome to Better System Trader

Welcome to Better System Trader, the podcast where expert traders share tips, tricks and actionable insights to improve trading results. In this episode I introduce Better System Trader, what its all about, what to expect, and a little background on myself.   Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.

11 Apr 20155min

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