RE: Technical Analysis13 Feb 2019 11:53
Ray, just because you don't understand it don't dismiss it.
My son in law (maths PHD from Cambridge) worked in the city writing algorythms for financial institutions. He retired at 34 and now lives in Peru.
Now whether they worked or not is another matter, fact is, he got paid shed loads for writing them!
I write forecasting systems for product sales, you factor in past history, seasonality, market predictions etc.
Would this work to forecast SCLP share price - not a chance! However, for larger traded stocks in can work.
What languages do you program in?