V.17:7 (326-331): Pseudo Securities For Technical Analysts, Part 2 by Charles E. Miller

V.17:7 (326-331): Pseudo Securities For Technical Analysts, Part 2 by Charles E. Miller
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Pseudo Securities For Technical Analysts - Part 2

Last time, we examined the idea of using pseudo securities, based on artificial data with known properties, to map the characteristics of various indicators. We then applied this concept to the time domain of security analysis. In this, the second of a three-part series, we explore the actual technique used to generate pseudo security data.

When working with pseudo securities, as with anything else new on the computer, it is generally common sense not to experiment within your working application. For ProTA, BeeSoft’s technical analysis software for the Macintosh, I suggest that you set up a second, dedicated copy of your technical analysis application with your preferences and settings, but with initially empty ticker files. Working in this resulting smaller file ensures that your experiments won’t disturb your normal settings and preferences, nor your ability to do your daily work.

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