Timingsolution & Nifty Updates - 3

[⭐ kesk]

In Terra, they have introduced a new module called AI Agent and this requires a subscription, by a separate login window. So dont expect this module to be working in the upcoming versions!

[pratap]

thank you for information

sir

[AonoL]

Hello All & Mr Kesk in special particular.

Here I offer some insight and feedback on TS:

Having used TS for some years, I am yet to decide that it is useful in actually making money from trading.For new users, it is a mistake to think that simply pressing a button leads to a successful forecast or ability to make money.

I think the usefulness of the software is its use as a tool to compare the mathematical goodness of fit between two data sets, one of which does not necessarily need to be stock market data. You could think that if two data sets have a longtime high correlation this will continue into the future, and this is the basis of this software’s “projection line’ technique.

The new feature of “ÄI Expert” is in my opinion, more marketing than major analysis advance. I have tested it out, and it is not “artificial intelligence” in any modern sense: what it actually is, is the equivalent of a macro or an old style MS-DOS “.bat” (batch) file. ie. By pressing that single button, it runs a fixed and predetermined sequence of the analyses modules that already exist elsewhere in the program with an added fixed text based “interpretation’ which is only really the author’s own descriptive words of the outcome rather than any real generative AI. You can get the same results by running the modules individually.

My review of the quality of these results is that they are not impressive, often indeterminate, and left up to the users own interpretation.

The problem with this approach is that the standardised batch process is “vanilla”: i.e. it is similar output whichever instrument you run the software on and the results are only a mediocre correlation. As an example, with almost any of the instruments, the “Ëxpert” produces a medium correlation with the Venus Astro cycle, but when reviewed to the naked eye, it is not a particularly good or useful correlation.

A really functioning AI would give vastly different outputs with differing instruments as inputs.

To make the most of this still powerful software tool what is actually required is “RI” ie. Real (human) Intelligence: that means use the software to make easy work of the otherwise complicated mathematical analysis of your own learning and human interpretation of what correlation is likely to help in your trading.

 

I give this information to readers as a realistic and real-world feedback, so less experienced people are not unrealistically feeling left out without access to this new “feature”.

I am not saying the software is not useful in someway, I just do not think it is useful in a direct way to make money from trading.

[⭐ kesk]

Well, a thought provoking write-up indeed. I have been saying the same thing for many years now. In the authors own words, it gives about 10% edge in forecasting, nothing more. So, dont put too much reliance on the software and use your discretion.

The AI part is just opportunistic since we are in the age of AI and AI Agents so be careful on that part too.