Mechanical Trading System and the Art of . . . by Marcello Cattaneo Adorno
ARTICLE SYNOPSIS ...Traders following mechanical systems can see situations that may affect mechanically based signals. Here's how to include technical signals outside your basic trading signal.
What makes it more difficult still is that often the intuitive
hunch not to follow a signal proves to be correct, therefore
transforming what was originally intended to be a mechanical
trading program into what can best be described as a
discretionary trading program based on technical indicators.
While this approach, depending on the trader's talent and
experience, may actually lead to excellent results, it will lack