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Re: Quant Funds and Automated Trading Strategies
Market Profile has been one of the hardest things that I've been trying to learn. Initially I thought it would be as easy as treating them as pivot points...how wrong I was! The information generated by a developing market profile is priceless if you're good enough to spot what type of profile is developping. An automated bot can't do that in real time effectively. The only way a bot can analyse MP is to have someone plug in some paramaters which identify a market as either being balanced, trending, range extension etc.. and therefore will always be making its decisions in retrospect to an already developed profile!
I have no idea how I'm going to begin to speed up recognition of MP development, I guess just keep on staring at it!
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Nick Constantin
Always look on the bright side of life...da da da da da da da da da - Monty Python
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