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BM, no I unfortunately don't see them because the
server seems to be down :-)
Never mind. I think it is not necessary since below
I already have given an answer to the question.
UM
----- Original Message -----
From: "black_marubozu" <black_marubozu@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, November 17, 2003 2:20 PM
Subject: [amibroker] "Random prices" (was Re: Backtest using equity curve)
> hello,
>
> --- In amibroker@xxxxxxxxxxxxxxx, uenal.mutlu@xxxx wrote:
> > // generate random series in the range 0 to 100 and plot it
> > Graph = Random() * 100;
> > Plot(Graph, "Random graph", colorBlue);
> >
> > Does any real chart look like such a random chart: NO.
> > This proves the basic fact that nothing in the markets
> > is or was ever random.
> > UM
>
> well, of course it doesn't look like. but it is another kind of randomness. I'm
not an expert and can not serve strict and reliable explanation, but as a point
for your further investigation do google for "brown noise", "white noise" and
similar. as an exemplification of "brown noise" and how this can be a matter of
scientific investigations, please start for yourself this "brown noise"
generator.
>
> http://www.ki.net.pl/~pgrodzki/Gaussian.zip
>
> do you see these trends and formations? ;)
>
> cheers,
> BM
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