[HN Gopher] A Java library for technical analysis
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A Java library for technical analysis
Author : _benj
Score : 27 points
Date : 2022-02-20 19:04 UTC (3 hours ago)
(HTM) web link (github.com)
(TXT) w3m dump (github.com)
| ghovertyi wrote:
| adamnemecek wrote:
| Does anyone actually use technical analysis?
| agumonkey wrote:
| Note that TA is old, and often these days subject to game-theory
| like flukes because everybody knows what everybody is trying to
| see.
| tomc1985 wrote:
| But that also gives it power... the more people act on a given
| indicator the more powerful (even predictable) it becomes
|
| So then you end up with this weird catch-22 where the indicator
| only has value because people are watching it, while it is
| those people watching it that gives them their power.
|
| They aren't going to be as useful for forecasting the big
| institutional curbstomps that seem to characterize volatility
| today, but there are other ways of understanding how those guys
| behave.
| szundi wrote:
| If more and more people know this, it loses power
| tomc1985 wrote:
| It isn't whether or not more and more people know it, it's
| weather or not they can overcome their emotions to use it
| effectively. And I think that proportion of people will
| continue to remain insignificant
| laurensr wrote:
| In finance, technical analysis is an analysis methodology for
| forecasting the direction of prices through the study of past
| market data, primarily price and volume [1]
|
| [1]: https://en.wikipedia.org/wiki/Technical_analysis
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(page generated 2022-02-20 23:00 UTC)