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Hi Lionel
This sounds familiar ...
"... I'm not programmer and I am Klutzy around a computer. .."
Personally, I have to add "Math disabled" <G>
No software that I know of ... unless you include NeuroShell Trader.
However, I've never used it so I can't really comment on it. I don't know if
it includes ARIMA or (G)ARCH technology.
Most of the statistical and "junior quant" stuff is coming through in
low-tech versions for XL. Traders just keep reading and try to adapt the
ideas to a concrete level. You know ... like using your fingers to add and
subtract on your knee <G>
Here's a copy of part of an email that I received:
"... I put the Sp/H0 and Tb/H0 futures into the Autocorrel workbook. I
noticed
that there was about an 11 day lag of the SnP to the Tbill's. The
correlation is not as high as you might want to see. Volatility
analysis would help time the trade entry and/or exit. ..."
Using this type of XL module, plus other tools to confirm or reject the
results, you have something that the quantitative analysis guys are using,
only on a scale suitable for an individual trader. Some of these workbooks
are becoming quite usable.
"Cash cow" software companies mostly produce stuff that is "too little, too
late". So I wouldn't hold your breath.
Best regards
Walter
----- Original Message -----
From: "Lionel Issen" <lissen@xxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, February 08, 2000 11:38 PM
Subject: Re: stuff
| Walter:
| I mostly agree with your remarks about the indicators being old
technology.
| Is there any software available that uses current technology and
indicators?
| I'm not programmer and I am Klutzy around a computer.
|
| Regards
| Lionel Issen
| lissen@xxxxxxxxx
| ----- Original Message -----
| From: Walter Lake <wlake@xxxxxxxxx>
| To: Metastock bulletin board <metastock@xxxxxxxxxxxxx>
| Sent: Sunday, February 06, 2000 6:20 PM
| Subject: stuff
|
|
| > Hi ... thanks for your emails
| >
| > The "technology" for the indicators in Metastock is 50's and 60's ...
| > moon-light mainframe.
| >
| > ARIMA is 70's tech ... GARCH is 80's tech.
| >
| > 90's tech ... we won't see in Metastock or Tradestation until we're
| sitting
| > on the porch of the old folks home.<G>
| >
| > The enclosed XL file is Yuan_US$ seasonals ... notice the difference
| between
| > plotting it monthly Vs yearly. Plotting the data one way can be very
| > mis-leading.
| >
| > The Farmer article in the Nov IEEE issue "Computing in Science &
| > Engineering" has mostly Los Alamos web sites in the references, i.e.,.
| > http://xxx.lanl.gov/abs/cond-mat/9902283
| >
| > Use "abs" in the middle of the address as shown, rather than the address
| > that is listed in the article.
| >
| > The following endings that you can check out are from the references:
| >
| > 9907161
| > 9905305
| > 9906347
| > 9909245
| > 9903203
| > 9810255
| >
| > Best regards
| >
| > Walter
| >
| >
| >
| >
| >
|
|
|