willlmanders
Junior member
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Hello All.
I did an AI degree a while back and its just occured to me that although its a very small area of computing it could have some very powerful use in trading and i think would have great benefit in taking the edge of day traders and TA based traders to the next level if it can be harnessed properly.
I think the main areas it would be effetive would be
1. used to monitor Level 2 transactions and bid spread behavours by market makers etc - this information could be used to establish patterns in thier behaviour and help to identify some of the headfaking and other tricks that you hearabout.
1. Used to monitor Level 2 to help time trades with alert to price and volume sentiment changing.
2. to monitor TA variables and indicator patterns in order to help time trades or indeed be used in conjunction with TA to for stock selection purposes i.e flagging up stocks that are behaving in a way that you have identified to be of interest to your style of trading and entries?
If anyone is using anything based on these methods for these purposes i would be very interested to know how you are getting on. I have noticed a few on the web that claim to use sophisticaed Neural Network algorithms there were a few when i searched but this gives a good example of what I'm taking about .. this package on the web that has been designed by an american company and is called Vantageoint ... http://www.profittaker.com/vantagepoint_overview.asp
If any of the more experienced traders / computer scientists etc know if any of the stock pickers / scanners out there that are more popular that use this technology then it would be interesting to discuss peoples findings with them.
Are there any british companies doing this kind of work that anyone knows about?
cheers,
Billy
I did an AI degree a while back and its just occured to me that although its a very small area of computing it could have some very powerful use in trading and i think would have great benefit in taking the edge of day traders and TA based traders to the next level if it can be harnessed properly.
I think the main areas it would be effetive would be
1. used to monitor Level 2 transactions and bid spread behavours by market makers etc - this information could be used to establish patterns in thier behaviour and help to identify some of the headfaking and other tricks that you hearabout.
1. Used to monitor Level 2 to help time trades with alert to price and volume sentiment changing.
2. to monitor TA variables and indicator patterns in order to help time trades or indeed be used in conjunction with TA to for stock selection purposes i.e flagging up stocks that are behaving in a way that you have identified to be of interest to your style of trading and entries?
If anyone is using anything based on these methods for these purposes i would be very interested to know how you are getting on. I have noticed a few on the web that claim to use sophisticaed Neural Network algorithms there were a few when i searched but this gives a good example of what I'm taking about .. this package on the web that has been designed by an american company and is called Vantageoint ... http://www.profittaker.com/vantagepoint_overview.asp
If any of the more experienced traders / computer scientists etc know if any of the stock pickers / scanners out there that are more popular that use this technology then it would be interesting to discuss peoples findings with them.
Are there any british companies doing this kind of work that anyone knows about?
cheers,
Billy
