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Looks like it got cheaper, 99 a month might be worth a look but i still dont get it.... if they apply different weights to coefficients to find the best fit how is it able to adjust?
It has been a while since I remember the research on the product, but I believe they used a Genetic Algorithm. This type of algo does not have fixed coefficients but are update with each new incoming data point. So more of an online learning. This means it takes a while to stabilize and makes a few assumptions about future data. I think i.i.d. is one assumption, and the next data point is similar to the current point.
Generally, good assumptions, but not sure how well they hold with non-linear and non-stationary data. I am sure there are times when it will work well (well behaved trend or horizontal movement) but think it would not do as well with high volatility.
You can subscribe to Wave59 for $99; I plan to do that later in August or early September.
Right now I’m reading “Trading with Wave59 Volume 1: Technical’s”, I also bought “The Definitive Guide to Forecasting” and “Gann’s Scientific Methods Unveiled: Volume 1 and Volume 2” by Patrick Mikula Kindle Edition from Amazon.