ChaosHunter makes no a priori assumptions about the final form of its trading models. It does not assume any theory of market movement, e.g. Elliot wave, support-resistance, regression to mean, fractal, random walk - not even chaos theory. It is unlike modeling techniques such as regression and neural networks, which optimize coefficients of equations with relatively fixed structure to fit price related curves. (ChaosHunter can fit price related curves, but not in the preferred trading mode). ChaosHunter does not ask you to decide if or how it should utilize technical indicators, or which ones (although it does allow you to provide suggested ones).
What ChaosHunter does is crunch away using natural selection techniques to evolve unique, profitable trading models using building blocks of basic, simple functions from arithmetic, algebra, trigonometry, neurons, logic, and technical indicators. Evolution selects which building blocks are used and how they should be fit together to form equations that produce buy/sell signals. ChaosHunter, in effect, evolves its own technical indicators.
The users select historical price data that ChaosHunter will use to backtest its evolutionary creations. If desired, the users may also select or limit the building blocks or provide more technical indicators for ChaosHunter to consider. Then ChaosHunter starts crunching to find models with no further guidance.
ChaosHunter shows you all models that it has found with no hidden secrets, so that these models can be placed into any of a number of trading platforms. ChaosHunter is not evolving computer programs, just equations, so for most trading platforms programming will not be required.
Financial trading comes with substantial risk of loss, including possible loss of principal and other losses, even when using computerized trading methods, formulas, and systems. Success of a formula or trading method in the past does not guarantee or even imply success in the future. The use of any trading system or strategy does not and cannot guarantee that you will make profits, increase profits or minimize losses. Additionally, trading results based upon hypothetical or historically-tested trading systems do not necessarily compare to results of actual trading. No hypothetical or historical trading record can completely account for the level of risk present in actual trading. There is no guarantee that your hypothetical trading results, even if tested against historical data, will produce comparable actual trading results. In fact, there are frequently sharp differences between hypothetical or historically-tested performance results and the actual results subsequently achieved by any particular trading system or strategy. You agree that you understand the risks.Click here to read the entire ChaosHunter License Agreement Click here to read the entire ChaosHunter Trader License Agreement
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