Comparison of various Forecasting System
Posted: Tue Jan 03, 2017 12:19 pm
Hi Earil , Lars, & all
During the journey of trading every trader think/ imagine that it will be very good if i know future date/price/time of market turn . maximum are thinking that will be holy grill for him.
Almost all technical trader searching/studying a lot for this Holy grill but they try to find 100% accurate system that can define every turn of market in advance while about of 90% of trader knows that facts that
" There Is No Holy Grill In Stock Market"
after investing lot of time & money Trader are ready to manage with % accuracy term & when they are ready to admit that Accuracy is useless Only Making The Money is the real system
They find Holy Grill for them
For forecasting the future market there are some very good approach given by wave 59 but which one is more useful is still a tricky question. Some of these type of technique are:-
1. Predict
2. Harmonic Index
3. Natal Forecast
4. MARKET ASTROPHYSICS
6. Cycle Theory Of Lars
5. Unified Theory Of Market
I had used some of above technique in my analysis & i found that
1 Predict :- This Indicator is simple Neural Network Design that can update after every bar but its have limitations to predict 2-3 bar only in future & also it can forecast the other indicator only so the performance is depended upon indicator performance, best indicator for predict is USM but one can't rely solely on it
2. Harmonic Index :- That indicator derives its calculation only from longitude & latitude of Stock market, one can't rely only upon it that many stock are moved in opposite direction for some time & than they moved with direction
3. Natal Forecast :- That indicator based on particular market & Particular stock , but its inversion property are still unanswered area & also fitting the natal forecast in appropriate time frame is a good task
4. Market Astro :- i have not studied very well in this field but is our group rate this higher than no issue to study
5. Cycle theory of Lars :- In my opinion it is a great tool collection(Specially Dominent cycle,& swing indicator) with good accuracy rate , but Lars haven't defined a clear cut trading plan how to trade with their cycle indicator, I have a subscription of whentotrade.com so can't say more about it
6. Unified Theory Of Market:- (Thanks to generous group of wave 59)
All of above indicator can deal with time only nothing about price, with their market structure setup UTM leads price & time both but that system have some lack (sorry my opinion only ) like some static parameters while defining price & time , & it is fine tune by geometrical shape, angle still you have to choose one technical indicator to push the button.
all of task are important to define a turn you can't miss anything & still one can't say that it is point where market turns
in my opinion Unified theory have lots of works to be done only for future movement(trade management is lacking) & one can't have good accuracy rate with it
so i requested to all please rate all of above system so that all group member can take benefit from it
Also requested to Lars (if active) please arrange a new webinar for their cycle toolkit
i m a new user of wave 59 (only 2 month) so if my analysis may be wrong so requste to all please rate & correct my point
& last request to Earik please correct my thought & open a discussion so that member can discuss these thing.
Maximum User haven't taken Mechanical book so they can't comment on any question related to GA but
member can discuss the other things
During the journey of trading every trader think/ imagine that it will be very good if i know future date/price/time of market turn . maximum are thinking that will be holy grill for him.
Almost all technical trader searching/studying a lot for this Holy grill but they try to find 100% accurate system that can define every turn of market in advance while about of 90% of trader knows that facts that
" There Is No Holy Grill In Stock Market"
after investing lot of time & money Trader are ready to manage with % accuracy term & when they are ready to admit that Accuracy is useless Only Making The Money is the real system
They find Holy Grill for them
For forecasting the future market there are some very good approach given by wave 59 but which one is more useful is still a tricky question. Some of these type of technique are:-
1. Predict
2. Harmonic Index
3. Natal Forecast
4. MARKET ASTROPHYSICS
6. Cycle Theory Of Lars
5. Unified Theory Of Market
I had used some of above technique in my analysis & i found that
1 Predict :- This Indicator is simple Neural Network Design that can update after every bar but its have limitations to predict 2-3 bar only in future & also it can forecast the other indicator only so the performance is depended upon indicator performance, best indicator for predict is USM but one can't rely solely on it
2. Harmonic Index :- That indicator derives its calculation only from longitude & latitude of Stock market, one can't rely only upon it that many stock are moved in opposite direction for some time & than they moved with direction
3. Natal Forecast :- That indicator based on particular market & Particular stock , but its inversion property are still unanswered area & also fitting the natal forecast in appropriate time frame is a good task
4. Market Astro :- i have not studied very well in this field but is our group rate this higher than no issue to study
5. Cycle theory of Lars :- In my opinion it is a great tool collection(Specially Dominent cycle,& swing indicator) with good accuracy rate , but Lars haven't defined a clear cut trading plan how to trade with their cycle indicator, I have a subscription of whentotrade.com so can't say more about it
6. Unified Theory Of Market:- (Thanks to generous group of wave 59)
All of above indicator can deal with time only nothing about price, with their market structure setup UTM leads price & time both but that system have some lack (sorry my opinion only ) like some static parameters while defining price & time , & it is fine tune by geometrical shape, angle still you have to choose one technical indicator to push the button.
all of task are important to define a turn you can't miss anything & still one can't say that it is point where market turns
in my opinion Unified theory have lots of works to be done only for future movement(trade management is lacking) & one can't have good accuracy rate with it
so i requested to all please rate all of above system so that all group member can take benefit from it
Also requested to Lars (if active) please arrange a new webinar for their cycle toolkit
i m a new user of wave 59 (only 2 month) so if my analysis may be wrong so requste to all please rate & correct my point
& last request to Earik please correct my thought & open a discussion so that member can discuss these thing.
Maximum User haven't taken Mechanical book so they can't comment on any question related to GA but
member can discuss the other things