To: Bob Anderton who wrote (607 ) 1/10/1999 2:40:00 PM From: Jay Hartzok Read Replies (1) | Respond to of 805
Bob, I'll take a shot at answering these questions, but if you want details of how this program works, you should e-mail Andrew. < I'll try including momentum on something.> After you make the chart in WOW, delete the stock chart portion leaving only the indicator pane as the full chart and then export. Choose price and one day for influence period. I have tested many differnet settings and found that adding additional days to the influence period is not beneficial. <What exactly does it mean to have "20 days" as the influence period for the S/T filter when it is the price minus the 50 day MA?> It is the number of days of data that Neuro looks back on to formulate the prediction for the next day. 20 means that it looks at the individual data for each day of the past 20 looking for patterns, and uses this data to make the prediction for the next day. <The price is a raw data input. Do you take that to mean that Neurostock doesn't do any transformations with the data if it goes into these inputs?> That's the way I understand it. When Price and Volume are checked the data is looked at as is. <What do you think it would mean to have, say, 3 days for the price input?> Neuro looks at the last three days of price data and uses this data when it formulates the prediction for the following day. < I haven't seen the description of the filters you gave in the docs. Did andrew give them to you or did I miss them somewhere?> Try looking under "Explaining Items on the Screen - Influence Settings". They are all there except for s/t filter which I got from Andrew. <By the way, have you guys ever tried giving the program just the target stock data and no relateds or indices at all?> Of course we have. I think everybody tries that at least once. The way I see it, when you setup a net this way you are basically asking Neuro to predict the future price movements based solely on how the stock has traded in the past. The net won't have any data to tell it which the market is going or how other stocks in the same industry are doing. In my opinion, although there are exceptions, these are factors that generally effect price movement and should be included in any net. Without them you are blinding the net to market conditions and industry data that will effect the price of the target stock. <. This says to me that the program must have a canned preprocessing routine that it uses on the data.> Ask Andrew this one. Jay