Description
Book SynopsisA guide to the latest, most promising technical indicators andtheir applications
Momentum, direction, and divergence are the three basic componentsof nearly all technical indicators used in the analysis of stockand commodities trading. And for those who understand them andtheir applications, they are also the pillars of a high-performancetrading strategy. In this groundbreaking book, technical wizardWilliam Blau schools financial professionals in all three.Combining the latest financial information with dozens ofeye-opening graphics, Blau clearly, concisely, and with a minimumof complex mathematics:
* Introduces the principle of double smoothing and develops potentnew indicators based on double smoothing techniques
* Describes the uses and limitations of a variety of notabletechnical indicators
* Explains momentum, direction, and divergence and new ways toapply them
* Presents the True Strength Index and shows how it candramatically improve most directional ind
Table of ContentsTrue Strength Index.
Stochastic Momentum.
Tick Volume Indicator.
A Detrending Indicator.
Candlestick Momentum.
Directional Trending.
True Strength Directional Trending.
Stochastic Trade Filtering.
TVI Trade Filtering.
ADX-Type Filtering, Slope Divergence.
Appendices.
References.
Index.
