shorting macd buy signals and longing the shortionone wrote: Mon May 10, 2021 10:40 pm Jim-Simons-060618.png
I remember Jim Simons (from Renaissance Technologies, one of the best montnitored hedge fund out there) saying : "the best systems we have, are the ones that doesn't make sense, which is probably because few people are trading them".
I don't quite understand what he meant by "doesn't make sense"
what could he mean by that ?
Jeff
ain't that more like totally random strategies that look like nothing
i think i have that indiionone wrote: Mon May 10, 2021 10:58 pm ain't that more like totally random strategies that look like nothing
like 3 times RSI divided by the slope of half MACD minus the open price to the power of the lowest of 3 bars ago ?
kind of rubbish looking but powerful in a way ?
It means:ionone wrote: Mon May 10, 2021 10:40 pm"the best systems we have, are the ones that doesn't make sense, which is probably because few people are trading them".
it's not an indi, it's ART
also what he once said is to let the system find strategies, within the price, rather than trying to find one yourself
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