Mich. I replied to this interesting post on the amibroker-ts group. chuck
----- Original Message ----- From: "Tom Tom" <[EMAIL PROTECTED]> To: <[email protected]> Sent: Thursday, December 07, 2006 9:53 PM Subject: [amibroker] Re: Random Walk - step 2 - : Predicitable ? > Hi, > > Maybe it is time to come back with the main subject of the topic : RW. > > I just posted a AFL script so you can plot Price VS Random walk in the ame > scale and fix the random number for investigation : > http://www.amibroker.com/library/detail.php?id=777 > > For intraday i think it is good to filter EOD gap because they are to much > strong volatility there. > > Price seems to follow damn good this RW... > > I think every new people here should look at this just to be aware that > cycles, trend ... all behaviour of the stock can be in fact just illusion > and can be made with random walk model. > Monte Carlo simulation are system tested with drifted RW ? Risk/portfolio > managment is the only thing we can act to control the trading... if there > are not based on price RW so : > - based on volatility ? > - based on fondamental analysis : choose stock by differencing geography, > .... > - based on the drift wich is positive, but it is for long time position > hold... > > You see, on the RW you can even trace some support/resistance... but what > do > they mean !? > > Cheers, > Mich > > _________________________________________________________________ > Découvrez le blog Eragon sur Windows Live Spaces! > http://eragon-heroic-fantasy.spaces.live.com/ > > > > Please note that this group is for discussion between users only. > > To get support from AmiBroker please send an e-mail directly to > SUPPORT {at} amibroker.com > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > http://www.amibroker.com/devlog/ > > For other support material please check also: > http://www.amibroker.com/support.html > > Yahoo! Groups Links > > >
