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Strategies & Market Trends : Neural Nets - A tool for the 90's -- Ignore unavailable to you. Want to Upgrade?


To: Eugene G. Glover who wrote (678)10/8/1999 9:13:00 AM
From: Optim  Read Replies (1) | Respond to of 871
 
Gene,

Thanks for the kind words.

If you have the Wavefin package, an interesting thing to do is to detrend your data series by subtracting a moving average from the close (or Open, or mean, etc.). Now plot this on a graph and then plot the Wavefin indicators next to it. Try to adjust the Morlet and Gabor filters to turn with the cycles in the detrended series. Usually highlighting this period with a few other inputs including a shorter period wavelet yields good results.

It may not be the most scientific method, but it works well enough. I'm still exploring this package as well as it is my first real exposure to Wavelets.

Daniel