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Statistical analysis and metrics
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Statistical analysis and metrics

  #1 (permalink)
Trading Apprentice
zagreb/croatia
 
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Statistical analysis and metrics

Hey guys,
im interested in learning more about statistical analysis based on price and volume. I really like the work of @metricsmaestro on his blog and futurestrader71. Can someone recommend me some resources (books, blogs or forums) where that kind of analysis can be learnt. I have intermediate knowledge of Excel and i make basic analytics myself but would like to go more in depth and learn some ideas that i might not think of. All my attempts to find some book or website about that kind of metrics ended in dead end.

Thank you

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  #2 (permalink)
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  #3 (permalink)
Super Moderator
London UK
 
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Arthur Bishop View Post
Hey guys,
im interested in learning more about statistical analysis based on price and volume. I really like the work of @metricsmaestro on his blog and futurestrader71. Can someone recommend me some resources (books, blogs or forums) where that kind of analysis can be learnt. I have intermediate knowledge of Excel and i make basic analytics myself but would like to go more in depth and learn some ideas that i might not think of. All my attempts to find some book or website about that kind of metrics ended in dead end.

Thank you

Hi and welcome Arthur,


Please can you post one or two examples of the statistical analysis you are referring to?


Chances are this will increase the likelihood of people being able to point you in the right direction.

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  #4 (permalink)
Trading Apprentice
zagreb/croatia
 
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xplorer View Post
Hi and welcome Arthur,


Please can you post one or two examples of the statistical analysis you are referring to?


Chances are this will increase the likelihood of people being able to point you in the right direction.

Of course, sorry for not doing that in my original post.
Most of the examples im interested in can be found on metricsmaestro blog: metricsmaestro.wordpress.com
I could go and figure every formula by myself but i would also like some explanations.
If you dont want to click on the blog, some of the simple metrics from the top of my head are:
*Number of Days with a Change of 1% or More by Month and Year
*How often if double top/triple/quadruple top/bottom broken
*How often previous day low/high is broken on the next day
*Where does NQ typically close relative to its daily trading range Range?

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  #5 (permalink)
Market Wizard
Quebec
 
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I have posted it before many times on FIO but here it is again:
https://www.linnsoft.com/homework

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  #6 (permalink)
Trading Apprentice
zagreb/croatia
 
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Posts: 4 since Oct 2018
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trendisyourfriend View Post
I have posted it before many times on FIO but here it is again:

Thanks,
im aware of that site, im not linsoft software user. Im more of excel guy, i know that concepts from their video can be applied to any other platform. Do you have any other recommendations?

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  #7 (permalink)
Super Moderator
London UK
 
Futures Experience: Beginner
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Arthur Bishop View Post
Of course, sorry for not doing that in my original post.
Most of the examples im interested in can be found on metricsmaestro blog: metricsmaestro.wordpress.com
I could go and figure every formula by myself but i would also like some explanations.
If you dont want to click on the blog, some of the simple metrics from the top of my head are:
*Number of Days with a Change of 1% or More by Month and Year
*How often if double top/triple/quadruple top/bottom broken
*How often previous day low/high is broken on the next day
*Where does NQ typically close relative to its daily trading range Range?

Thanks Arthur,

I've checked that blog and also the link that @trendisyourfriend provided.


To me this stuff falls under quantitative analysis (I'm sure others can share their view). Have you tried a Google search such as "quantitative analysis finance books"?

Bear in mind that Quantitative Analysis can be a broad subject that includes AI fields such as neural networks and genetic algos

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  #8 (permalink)
Trading Apprentice
https://futures.io/trading-journals/45382-traderex
 
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This what I created to collect the data.


Arthur Bishop View Post
Hey guys,
im interested in learning more about statistical analysis based on price and volume. I really like the work of @metricsmaestro on his blog and futurestrader71. Can someone recommend me some resources (books, blogs or forums) where that kind of analysis can be learnt. I have intermediate knowledge of Excel and i make basic analytics myself but would like to go more in depth and learn some ideas that i might not think of. All my attempts to find some book or website about that kind of metrics ended in dead end.

Thank you

this is what I created to collect the data i manually fed the data into a spreadsheet and created my own cells for analysis. i am expert in statistical analysis and it is my hobby and passion A natural talent. a braggard kives in delusion, I have a track record for success in statistical analysis.

Thanks for the question-

EX

Attached Thumbnails
Statistical analysis and metrics-trading-time-travel-sheet1.pdf  
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  #9 (permalink)
Market Wizard
North Carolina
 
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Start with counting. Rob Hanna shares basic price and volume analysis at his quantifiableedges.com website and blog.

I would recommend also studying and reviewing descriptive statistics vs predictive modelling. I'd advise to find a trading package that allows you to build these studies such as Tradestation or NinjaTrader. You can also research systematic trading.

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  #10 (permalink)
Trading Apprentice
zagreb/croatia
 
Futures Experience: Intermediate
Platform: tradestation
Favorite Futures: crypto
 
Posts: 4 since Oct 2018
Thanks: 3 given, 1 received



tpredictor View Post
Start with counting. Rob Hanna shares basic price and volume analysis at his quantifiableedges.com/blog/"]quantifiableedges website and blog.

I would recommend also studying and reviewing descriptive statistics vs predictive modelling. I'd advise to find a trading package that allows you to build these studies such as Tradestation or NinjaTrader. You can also research systematic trading.

Thank you very much!
This is really helpful.

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