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Polynomial Pattern Recognition and Forecasting Indicator (www.mooretechllc.com)

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RodS View Post
Has anyone looked at this before. They uses polynomials within a specific length and compares it historically for projections for future movements.

Here is the link to the video: YouTube - ‪Polynomial Pattern Recognition and Price Forecasting Indicator for NinjaTrader‬‏

Looks very interesting!

In the video he finds 10 recent price patterns similar to the current one and averages the results of what happened next. It seems questionable to me that this information would have any bearing on what happens next, or if it does, whether 10 examples is enough to be meaningful.

He doesn't even actually claim that it has any utility in trading, though, or show any backtesting results.

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