In this video, I go over some of the theoretical and practical applications of bell-curves in trading.
Topics covered include:
1. The normal distribution and skewness
2. Kurtosis
3. Regression to the mean
4. Tests of Normality; and
5. Real-world examples of how bell curves work
Calculating Bell-Curves:
Bell curves can be calculated using SPSS, Excel, SAS, R and OpenOffice. Eventually, my aim is to provide this ability and functionality directly within Pinescript so that we may be able to calculate the distribution right from Tradingview. I have already made some strides in this area which have culminated in a upcoming release of a new indicator and a Stats based library. My aim is to continue to advance new functionalities in Pinescript for other math-based and quant-based traders.
If you would like a tutorial on how to calculate bell-curves directly in Excel, SPSS or R, let me know below.
MOST IMPORTANTLY!! Your feedback!
And most importantly, I ask for your feedback!
I enjoy making content like this, the two things in life I love the most, I mean besides my dog, are Math and Trading! However, I want to provide content people find useful and helpful. So please let me know if you find this helpful and/or useful and also suggestions on future content you would like to see. I can only provide useful information when I know what people find useful!
Thank you for watching and enjoy the rest of your long weekend!