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Re: [amibroker] OT: Statistics



PureBytes Links

Trading Reference Links

Not really. My guess is that brian is trying to find a book on the use of  
statistics applied to stock trading.
Haven't read any books that deal with probability of trades and measuring  
them. The most advanced use of statistics I know is the afore mentioned  
Van Tharp book and other books that deal with money management (but not  
with probabilistic outcomes for set-ups or patterns (if that's what brian  
is looking for)).
Some indicators like sigmas and linear regressions are statistical  
indicators. David Elliott uses a particular formula for Bollinger bands  
and transforms them into statistical indicators (stocks that break certain  
levels are more likely to continue up or down trends, etc.) because they  
fall outside the bell curve of non trending stocks.
Check David Elliott stuff, I think he is trying to apply statistics to  
trading, but the only book he wrote is his 1998 guide to make a million in  
the crash of 2000.

jerry


On Wed, 25 Oct 2006 19:36:58 -0400, mrdavis9 <mrdavis9@xxxxxxxxxx> wrote:

> Please correct me if I am wrong, but aren't most of TJ's AFL's such as  
> the
> CCI, RSI, and STOCHASTICS, statistical indicators?   Ron D
>
>
>
>
>
> ----- Original Message -----
> From: "brian.z123" <brian.z123@xxxxxxxxxxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Wednesday, October 25, 2006 8:05 AM
> Subject: [amibroker] OT: Statistics
>
>
>> Statistics for traders.
>> Can anyone recommend a book on statistics written specifically for
>> traders or that applies statistical methods to trading examples?
>> I am looking for an author who has done a good job on the subject.
>> Even if it is only a section of a book that would do provided it
>> goes beyond a superficial treatment of the subject.
>>
>> For anyone interested here is a link to a very good introduction or
>> refresher for statistics.
>> The HTML *book* takes your from 0-50kph in approx 100 pages.
>> Please note; the site does contain a lot of advertisements but it is
>> also a  mini portal for stats and it does have links to free
>> statistical stuff and free tools.
>>
>> Outside of writing indicators I find statistics to be one of the few
>> maths disciplines that has a high degree of relevance to trading.
>>
>> http://davidmlane.com/hyperstat/index.html
>>
>> BrianB2.
>>
>>
>>
>>
>> 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:
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>>
>> For other support material please check also:
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>>
>> Yahoo! Groups Links
>>
>>
>>
>>
>



-- 
Kind regards,
Jerry


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