This article still questions if it is valid while you forecast market indices
Before we go into any detail let’s just step back and look at the larger picture. We have:
A journal from outside the field of finance
A paper replete with pretty colored images, but very skimpy detail on the methodology
A claimed result that lies far beyond the bounds of credibility
From my perspective on right or wrong if this research is valid, it can be useful to use as a reference to come up with your own theories. Here is the source code
Get some free PDFs here https://quantlabs.net/booksNOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!