I want to build an automated expert advisor.
I am trying to understand these articles http://www.futuresmag.com/Issues/201...-analysis.aspx http://www.futuresmag.com/Issues/200...l-profits.aspx http://www.futuresmag.com/Issues/201...is.aspx?page=4 written by Valerii Salov ,who is a scientist and he worked for major investment banks as head quant/developer.Although I have read more complex papers and articles by different scientist,I am having difficulty grasping the articles.Does anyone know exactly what maximum profit strategy and directional efficiency is?
I am trying to understand these articles http://www.futuresmag.com/Issues/201...-analysis.aspx http://www.futuresmag.com/Issues/200...l-profits.aspx http://www.futuresmag.com/Issues/201...is.aspx?page=4 written by Valerii Salov ,who is a scientist and he worked for major investment banks as head quant/developer.Although I have read more complex papers and articles by different scientist,I am having difficulty grasping the articles.Does anyone know exactly what maximum profit strategy and directional efficiency is?