Hi,
I just stumpled upon an interesting recent scientific publication of Dr. M. Dürschner (2011) and think this may be of interest for many traders. Dürschner presented a novel type of Moving average: the 3rd Generation Moving Average. His work gave a mathematical prove that 3rd. Generation MAs have the least theoretically possible lag and demonstrated it using a toy expert advisor system (which had quite impression results by the way).
For interested ones, the 3rd Generation Moving Average can downloaded for free now.
Google for "3rd Generation Moving Averages"
At the web page from scientific-trading you can also find the theoretical paper which was awarded by the German representation of the IFTA (International Federation of technical Analysts).
With Best Regards
Numa
I just stumpled upon an interesting recent scientific publication of Dr. M. Dürschner (2011) and think this may be of interest for many traders. Dürschner presented a novel type of Moving average: the 3rd Generation Moving Average. His work gave a mathematical prove that 3rd. Generation MAs have the least theoretically possible lag and demonstrated it using a toy expert advisor system (which had quite impression results by the way).
For interested ones, the 3rd Generation Moving Average can downloaded for free now.
Google for "3rd Generation Moving Averages"
At the web page from scientific-trading you can also find the theoretical paper which was awarded by the German representation of the IFTA (International Federation of technical Analysts).
With Best Regards
Numa