who has series of random generated price data?
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Thread: who has series of random generated price data?

  1. #1
    I only wanna find some bogus price information (H1 data, or M5 data...) that is generated by computer and follows the random walk, therefore no egy will use that data.
    We can compare it to the real price data, and receive the difference, and develop a egy.

  2. #2
    Quote Originally Posted by ;
    I just wanna get some fake price information (H1 data, or M5 data...) that is generated by computer and follows the random walk, therefore no egy will work with that data.
    We can compare it to the true price data, and get the difference, and produce a egy.
    Generating the data is very simple, but I wonder how you are going to use this to develop and examine egies?

    If you are seriously interested in this, you might benefit from studying David Aronson's Evidence-Based Technical Analysis.

    Http://www.amazon.co.uk/Evidence-Bas...98126160sr=8-1

    Along with your premise that no egies can earn money from a random market isn't right. Claude Shannon, the data theory pioneer, found what has been called volatility pumping, which will be a egy to make money from a random market. Developments of this idea are also in use for life trading egies. See the following link for a taster.

    http://www.castrader.com/2006/11/universal_portf.html

  3. #3
    Thanks so far,
    I understand how to generate the random price, but when I try to generate 10 years h1 information, my matlab is always outside of memory. I can not sovle it. So I just wander if I could download some random price generated by others.

    Utilize the random information, you can view a lot of price patterns showed in Jim16 thread also occurred very often. If you can see difference between the price data and generated price information when testing a price pattern, then this price pattern could work!

    Along with the volatility pumping seems interesting. Does that mean we could make money from tossing a coin with some egy that is special? It's just contrary to the math.let me assess it.


    Quote Originally Posted by ;
    Generating the information is extremely simple, but I wonder how you're going to use this to develop and test egies?

    If you're seriously interested in that, you might benefit from studying David Aronson's Evidence-Based Technical Analysis.

    Http://www.amazon.co.uk/Evidence-Bas...98126160sr=8-1

    Along with your assumption that no egies may make money from a random market isn't right. Claude Shannon, the information theory leader, found what has been called...

  4. #4
    Now I know who's http://www.nyu.edu/pages/linguistics...0003/shan.html, I am very familiar with his chinese name #30003;#20892;. . .ha.

    His egy doesn't do the job. Think me. Definitely you can't make money from a walk market!

  5. #5
    Quote Originally Posted by ;
    now I know who's http://www.nyu.edu/pages/linguistics...0003/shan.html, I'm quite knowledgeable about his chinese name #30003;#20892;. . .ha.

    His egy doesn't do the job. Believe me. Definitely money can't be earned by you from a walk market!
    What do you mean? See attached where this egy wins, spreadsheet modelling flips of a coin.
    https://forexintuitive.com/attachmen...6567212738.xls

  6. #6
    Quote Originally Posted by ;
    use the random information, you can see a lot of price patterns showed in Jim16 thread also happened very frequently. If you're able to see difference between the price data and random generated price information when testing a price pattern, then this price pattern may work!
    That may wishful thinking unless you really know how to test this statistically. Following is a quote in the book I said previously:

    In the perspective of EBTA (Proof Based Technical Analysis) subjective methods are the most problematic. They are meaningless claims that provide the illusion of conveying content that is cognitive. Because the methods don't specify how they are to be implemented, different analysts implementing it to the exact same set of market information can reach different conclusions. This makes it impossible to figure out whether the method provides useful predictions. Classical chart pattern analysisfashion lines, Elliot Wave Principle, Gann patterns, Magic T and numerous other subjective methods fall into this egory. Subjective TA is faith - . This deficiency can not be cured by any amount of examples showing where the method triumphed.

    So what is your proposed testing method? Kernel bootstrapping, regression, or anything else?

  7. #7
    Quote Originally Posted by ;
    What do you mean? See attached in which the egy wins spreadsheet modelling flips of a coin.
    Then either the spread sheet is incorrect (maybe not a random walk) or there's some other well concealed flaw such as in any other paradoxon too. This are the perpetuum mobile of gambling.

    This egy simply cannot work because it may be formally proven that you cannot profit from investing in a random walk.

    At the very same way I may make a general proof that a perpetuum mobile cannot exist and then never have to look at any concrete execution again to prove it incorrect, the above mentioned spread sheet can be proven wrong simply by referring to the proof that this sort of egy is generally not feasible. Its not had to discover the mistake is, its enough to know that there must be a mistake.

  8. #8
    Quote Originally Posted by ;
    Then either the spread sheet is incorrect (not a random walk) or there is some other well hidden defect like in another paradoxon too. This are the perpetuum mobile of trading.

    This egy simply cannot work because it may be formally proven that you cannot profit from investing in a random walk.

    At the very same way I may make a general evidence that a perpetuum mobile cannot exist and then never ever have to look at any concrete implementation to prove it incorrect, the aforementioned spread sheet can be proven wrong simply by speaking...
    The spreadsheet is accurate.

    This example is taught in information theory courses in universities all around the world.

    Can you please show me the evidence you're referring to?

  9. #9
    Quote Originally Posted by ;
    Then either the spread sheet is wrong (not a random walk) or there is some other well concealed defect such as in another paradoxon too. This are the perpetuum mobile of gambling.

    This egy simply cannot work since it may be formally proven that you cannot profit from investing in a random walk.

    At the very same way I may make a general evidence that a perpetuum mobile cannot exist and never have to look at any real implementation to prove it wrong, the above mentioned spread sheet could be proven wrong simply by speaking...
    I checked the file, and the edge comes in the doubling-halfing principle of the coin flip match. This edge is not present in trading, as profits and losses are one-for-one.

  10. #10
    Quote Originally Posted by ;
    I checked the file, and the edge comes in the doubling-halfing principle of this coin flip game. This advantage isn't present in trading, as profits and losses are one-for-one.
    The advantage is always to some extent present in actual markets. To get a beginner see Chapter 16 (Information Theory and Portfolio Theory) in Thomas Cover's Elements Of Information Theory. Or see attached pdf.

    You will find hedge funds which base their egies with this principle...
    https://forexintuitive.com/attachmen...0972632999.pdf

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