Is there data mining bias? There is indeed a data-mining bias. It is considered a silent and unspoken enemy of many traders. traders do not have any idea if there is ongoing data mining. bias. A data mining bias could only be realized by traders if they failed in their expectations about what they purchased, the forex robots. They expect forex robots as accurate and unmanipulated by a programmer, however, if it is the intention of some traders to manipulate the forex robot, this could be called bias. data mining bias. . They surely are taken aback when knew that they are cheated. When talking about this kind of bias, it refers to the process.
Data-mining bias also refers to the process of cherry-picking, the best backtest out of hundreds or more and presenting that backtest is the likely outcome for the purchaser of the forex robot.
Investors must be aware of the data-mining bias. It was suggested by different researchers who assert that the system or indicators are said to be the best performers and the most accurate but are found to be false. That is why, if you have a forex strategy, that is strictly mechanical and doesn't require a human in the decision-making process. You can program your forex robot to trade for 24 hours. Are you sold out of a forex robot? Have you tried it or do you have a friend engaged in forex trading thru a forex robot? Your robot could be programmed to trade for you all day, every day, although you might want a hand in what it decides on your behalf.
Data-mining bias also refers to the process of cherry-picking, the best backtest out of hundreds or more and presenting that backtest is the likely outcome for the purchaser of the forex robot.
Investors must be aware of the data-mining bias. It was suggested by different researchers who assert that the system or indicators are said to be the best performers and the most accurate but are found to be false. That is why, if you have a forex strategy, that is strictly mechanical and doesn't require a human in the decision-making process. You can program your forex robot to trade for 24 hours. Are you sold out of a forex robot? Have you tried it or do you have a friend engaged in forex trading thru a forex robot? Your robot could be programmed to trade for you all day, every day, although you might want a hand in what it decides on your behalf.
