New article View of Technical Analysis in the Context of Automatic Control Systems (ACS), or "Reverse View" has been published:
The article demonstrates an alternative view of technical analysis, which is based on the principles of both the modern automatic control theory and technical analysis itself. It is an introductory article representing the theory with some practical applications of it.
If something goes wrong, you should get better,
expand your view, look at things differently. This sometimes may bring
to very interesting and unusual results. At the first glance, some ideas
seem to be absurd... just "by definition". Fortunately, they do that
only at the first glance. Indeed, an unprepared person can hardly
imagine what happens at, for example, relativistic velocities. The scale
is, of course, absolutely, different, but we will sometimes discuss
extremes having their practical applications. The most interesting and
unusual results are usually obtained when utilizing something "unusual".
What is meant here is exactly that "something".
Technical analysis has been successfully developing
for many years. The understanding of current processes becomes deeper,
more and more complicated properties and laws are used. And, what is
more remarkable, they started to speak about fully automated trading
systems a while back. At the same time, the automatic control theory and
practice go on developing as a scientific and engineering subject.
It is logical that the education and experiences in
these two fields suggest the idea of compounding them. A keeping up
feeling of superficiality, a wish to strike into the nature of case are
good additional stimuli. Most known methods, as complicated they may be,
use rather simple properties.
Author: Sergei Ivanov