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Hi Peter,
This type of data mining is a good start. However, once
the program has searched out these factors, you have to sit
down and weed through them to find those that also contain
psychological aspects as well.
As a very simple primer to help you get strarted, look for
patterns that contain one or all of the following:
Specific Bars:
1. Expansion bars -- Bars with a larger than normal range
and opens and closes at bar extremes.
2. Contraction bars -- bars with ranges significantly
smaller and/or inside previous ranges.
3. Gaps
Specific Structures:
1. Expansion periods which then collapse radically.
2. Contraction periods which expand radically.
Regards,
Walt
Peter Ryan wrote:
>
> Is anyone else using Neuroshell trader ?
>
> I have had the software for a while, but only started working with it
> seriously after reading the 'fear index' posts started by Walt Downs
> posted.
>
> It seems like you can just jam every possible factor at it, and let it sort
> out which are useful.
> At least, that's what I have been doing, but with only mixed results so
> far.
>
> I would be interested in other opinions.
>
> Thanks
> Peter Ryan
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