And dear friends, brothers, pro`s and those who brand me as "RAJA"(Amitt- how could i forget u?)
Finally I am scribbling some results that I obtained when i was in the process of reinventing the wheel!
Through the process of my analysis of the data, it was very interesting to note many "bakwas" findings. In a sense I am now thinking that all prices are trying to move themselves to the ZERO value.
I first thought it that prices are tending to FACE VALUE. Later searches proved that face value is nothing other than a human set value to a thing that never exists!
And the "intrapolation" exercise gave me a new indicator.
In this indicator I considered that all prices have only a SINGLE long term trend, that is to reach ZERO value state. But unfortunately every process in the system(market) is performing against that. This action supplies heat to the price.This causes a randomness in the value. I call this "enthalpy". So we will be measuring the enthalpy to know about the "intermediate trends" in price.
The original trend is tending to zero! But the intermediate trends are making prices fluctuate.
So the new indicator is called
ANalyzer of
Intermediate
Trend in
TA.
Of curiosity I just implemented the indicator(
ANITTA) in my "workbook", the MABIUTS system of Karthik bro.
The back test was done from 01-01-96 to 04-06-07
I know the transition of MATHEMATICAL model to profitable market system is difficult. But still I am wasting my time reinventing the wheel!
If any of the professionals out here has seen such an indicator or graph anywhere, please point me there! U will be helping me a lot!