Interesting article from the Price Action Lab developer

[FXtrader]

http://www.priceactionlab.com/Blog/2014/07/quant-trading-without-neural-networks-or-genetic-algorithms/

Looks like an interesting piece of software packed with features

[TraderS]

I have doubts about developing systems with such software but using it for manual trading may have some value. The indicator sounds interesting. Anyway the way things are going automated systems have no future.

Thanks for the input. 

[TraderS]

Price Acton Lab looks more interesting for use by discretionary traders as this post shows:

http://www.priceactionlab.com/Blog/2014/07/quantitative-analysis-of-the-double-inside-day-breakout-in-sp-500/

I am not sure about developing systems though. 

[Elon]

PAL is a fantastic piece of software for those who are willing to do the extra work.Besides the other features, the random system analysis tool is very useful. 

On Wednesday, July 23, 2014 3:47:24 PM UTC+3, TraderS wrote:

Price Acton Lab looks more interesting for use by discretionary traders as this post shows:

http://www.priceactionlab.com/Blog/2014/07/quantitative-analysis-of-the-double-inside-day-breakout-in-sp-500/

I am not sure about developing systems though. 

On Tuesday, July 8, 2014 10:42:04 AM UTC+3, FXtrader wrote: