Portfolio Management Software
For over a decade, sophisticated futures and stock traders have used technical trading software to help make trading decisions. Yet, so far, the search for the “Holy Grail” has been elusive. Charting packages leave traders with the task of making “subjective judgments” to arrive at a trading decision. “Black box” […]
Unlike technical trading systems popular in the 1980s, artificial neural trading systems use an iterative “training” process to forecast prices and trading signals without rule-based “optimization” of system parameters or technical indicators. Instead, neural systems “learn” the hidden relationships within selected technical and fundamental data that are predictive of a […]
Note: Originally written in 1988 Over the past several years there has been a proliferation of software programs which allow futures traders to develop trading models and perform simulated historical testing to find the best model to use for each Market. This testing process is widely known as “historical optimization.” […]
WITH THE ADVENT OF MICROCOMPUTERS A DECADE AGO, the window of opportunity opened for individual futures traders to design and test technical trading systems. Initially, only those traders who were also proficient programmers could do so, since the early trading software was neither very elegant nor user-friendly. At first, two […]