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Strategies & Market Trends : NeuroStock -- Ignore unavailable to you. Want to Upgrade?


To: Jay Hartzok who wrote (470)12/4/1998 12:56:00 AM
From: Bill Scoggin  Respond to of 805
 
"Since no one has made any comments about this net setup, this will be my last post on this subject."

Jay,
If everyone is as confused as I am about exactly what the influence period actually does (ie, how is it calculated, what is the mathmatical reasoning behind it), then its no wonder that anyone has commented!

I have pondered the effects of changing the influence period, but have no had time to play with it - I've also tried to find it in textbooks, etc. that discuss Time Series predictions - all to no avail. I am going to play with that idea when time permits.

I also worry that by changing all, or many, of the inputs to long influences that we may be just giving the net a whole bunch of information and letting it try to sort it out (to paraphrase a quote from a book, something about the kitchen sink, mentioned in a previous post!)

Who Knows? If it works, we'll all be setting them at 30 days!

Bill




To: Jay Hartzok who wrote (470)12/5/1998 1:22:00 PM
From: Len Giammetta  Read Replies (1) | Respond to of 805
 
Does our sort term filter sound like a cut down version of the momentum indicator as defined below?

Momentum Calculation

The momentum oscillator is calculated as the percentage difference between the current
(closing) stock price and the price 30 days ago. However, one additional factor affects this
calculation and smoothes the momentum curve: the stock moving average. The momentum
oscillator is recalculated from the stock's moving average, rather than its closing prices. This
smoothes the momentum curve to reduce whipsaws (i.e. as soon as a signal is given the stock
immediately reverses direction and gives the opposite signal). However, the longer the time span
of the moving average, the greater the delay in signals given by the momentum oscillator. The
best stock moving average is the one that produce the least whipsaws with the signal nearest the
bottom or top of the stock's price movement.

Just an observation... Len