Indicators Thoughts..

What do you think of Trading Systems that doesn’t use Indicators except ATR but only O,H,L,C, candle patterns, bar patterns and Time?

Davide Marrone: What do you think of …

One or many strategies. Without details, it can't be tested.

Davide Marrone:
What do you think of Trading Systems that doesn’t use Indicators except ATR but only O,H,L,C, candle patterns, bar patterns and Time?
And you, what do you think about it ?

Alain Verleyen #:
And you, what do you think about it ?
Most of the indicators are modeling of O,H,L,C
So far on my testing I didn’t saw a bigger change.
But why should we increase complexity when we can have good enough results with the fundamentals?

Davide Marrone #:
Most of the indicators are modeling of O,H,L,C
So far on my testing I didn’t saw a bigger change.
But why should we increase complexity when we can have good enough results with the fundamentals?

Yashar Seyyedin #:
Based on what do you say they are awesome for Algo Trading?

Davide Marrone #:
Based on what do you say they are awesome for Algo Trading?
Easy for EA coding.

You can also run an experiment :

One neural network with ohlc sequence

One neural network with indicator feed (indicators that have a period that matches the size of the ohlc sequence of network a)

You could theorize that the second network can see the price action from many angles but also , we don't know if the first network will slice through and find a solution (you could theorize it would pick the best performing "calculation" at each step) .

Lorentzos Roussos #:

You can also run an experiment :

One neural network with ohlc sequence

One neural network with indicator feed (indicators that have a period that matches the size of the ohlc sequence of network a)

You could theorize that the second network can see the price action from many angles but also , we don't know if the first network will slice through and find a solution (you could theorize it would pick the best performing "calculation" at each step) .

Simple price data is too disorganized to rely on. lndicators make it easy to distinguish patterns.

But the truth is forex daily moves are not following patterns. They are simply driven by play makers that do not use indicators or even price patterns(as we know them).

Yashar Seyyedin #:
Simple price data is too disorganized to rely on. That is why indicators make it easy to distinguish patterns when it comes to trading systems.

But the truth is forex daily moves are not following patterns. They are simply driven by play makers that do not use indicators or even price patterns(as we know them).

Yeah , that's why the period of the indicators -that they use to derive their data per bar- should match the # of bars fed into the other network . So you'd essentially pit indicators discovered by humans vs the raw price action that these indicators use to be calculated :) .

Although the network with the indicators would be at a slight disadvantage this way because it provides snapshots , so there'd have to be some length of observations there too

Lorentzos Roussos #:

Yeah , that's why the period of the indicators -that they use to derive their data per bar- should match the # of bars fed into the other network . So you'd essentially pit indicators discovered by humans vs the raw price action that these indicators use to be calculated :) .

Although the network with the indicators would be at a slight disadvantage this way because it provides snapshots , so there'd have to be some length of observations there too
Maybe you find something out of those observations but the playmaker behavior may change somewhere. Then you have to stop trading to gather new train data to build new network.

I don't think this  can be a real world solution to trading intraday forex
Reason: