Book Motivation
My friend, Valeriy, has produced some excellent trend following research articles over the years (much of which is on this blog!). Of course, trend-following isn’t new. Traders have been chasing trends for centuries, and moving averages are the workhorse tool behind it all. The basic idea is simple: markets are noisy, so smooth the data and try to extract the signal.
Sounds straigh...
This piece presents itself as a corrective to a field rife with anecdotal claims and marketing hype. The strongest version of the narrative is that trend-following strategies, particularly those using moving averages, lack a unified, evidence-based framework. The author’s critique of "zero-lag" or "super-smooth" methods as overpromising is valid—many trading strategies are indeed marketed with exaggerated claims. The proposed framework of evaluating methods along responsiveness, smoothness, and ...