Forum Moderators: open
1) Assign a single number to SOMETHING
2) Do it by computer
3) With little or no (direct) human involvement
4) Have a strong predictive value
I'll start with one:
MSN's Stock Scouter
[moneycentral.msn.com...]
Stocks selected with this method have done about twice what the market has measured over different time periods
[businessweek.com...]
What others are out there....
[advogato.org...]
Related to MSN's Stock Scouter, perhaps some of you remember our "hacker legend" Kimble Kim Schmitz. Yes, he's back. Yesterday, I've read about his new project: "TRENDAX, the money making machine"
Trendax is an automated trading system operating simultaneously on multiple markets. Its AI-based decision system selects the optimal combination of trading strategies for current market conditions. Trendax specializes in the all major future markets: stocks, bonds, currencies and commodities. Although mainly focused on future markets, Trendax also operates on other markets for optimization and hedging purposes.Trendax is able to improve itself by continuously back-testing multiple scenarios and varying the strategy parameters. Trendax uses a complex combination of sophisticated technical analysis, real-time content analysis of news feeds, multi-dimensional statistical analysis and advanced proprietary mathematical techniques. Its sophisticated trade management, thus limiting the downside risk while maximizing profits. Trendax is a fault-tolerant distributed system with multiple nodes located in strategic locations all over the world, ensuring that all trades are successfully executed even in the event of any failure in the system.
AI-based decision system... ;-)
