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> Nobody serious trades the candlestick patterns you're referring to in algo trading. You are correct. My definition of TA was these candlestick patterns, like
by throwawaykyok 8y ago
> Nobody serious trades the candlestick patterns you're referring to in algo trading.
You are correct. My definition of TA was these candlestick patterns, like the ones ("bullish engulfing") shown on the landing page. Mean reversion, momentum, etc are fundamental concepts that have solid mathematical foundations. I have absolutely nothing against these ;)
- rohitgoyal 8y agoThat's a screenshot you are referring to. It just shows how to connect different blocks. Like see the first gif that shows the kind of blocks we have with an example of indicator block (RSI/MACD etc). In no way there is a sign that it will make you profit. In fact it encourage you to test your strategies on past data and live data. Will try to make it clearer.
- luxpir 8y agoOK, OK, misunderstood your point - apologies. Yeah if they're selling those as potential profitable avenues... red flags are up. That's not selling shovels to miners, that's selling spoons.