AI and trading.

Methods, technical analysis, artificial intelligence and agents used in trading of any instrument.
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KBleivik
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Joined: Sat Oct 16, 2021 8:34 am

AI and trading.

Post by KBleivik »

Artificial intelligence, chatbots and agents will revolutionize economics and financial services. Artificial intelligence is good at pattern reckognition and much of tehcnical analysis is about patternreckognition. I draw your attention to this YouTube video.

Convert TradingView Indicators into Strategies with AI (IT FINALLY WORKS)

I had two comments to that video. The first
Michael Excellent. I liked the video and subscribed to your channel. I have some comments.

1. You should definitely show how you combine different indicators / candle stick patterns into a complex but easy to use strategi.

2. Why not filter out noise in the candle pattern by using the Heikin-Ashi and / or Hul Candlesticks. Make it simple, as simple as possible but no simpler.

3. My favourite indicator is AVWAP (Anchored Volume Weigheted Average Price developed by Brian Shannon (look for his book)).

4. Japanese candlesticks combines seamlessly with the Japanese IKH - (Ichimoku Kinko Hyo) indicator and cloud.

5. I have developed my own percentile bands (assymetric bands). I have coded it in an Excel spreadsheet together with other indicators like Price Hadleys acceleration bands. I can paste a link to the spreadsheet if you allow me to paste links.

6. Is it possible to make the strategies in a Google Sheet by using the GOOGLEFINANCE / YHFINANCE functions. Combine it with Python code??
drowned in other comments.

The other, a comment to a comment was this
Technical analysis is about taking emotions out of the trade and about probabilities. Risk management by calculating risk / reward and setting an optimal (trailing) stop loss is rule number one. I don't trade much. I am an investor and combines fundamental and technical analysis into rational analysis.
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