Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile
Item Number: 2002
Date Published: 2002
Publisher: John Wiley & Sons
Number of Pages / Length: 230 Pages
Format: Hardcover
Shipping Availability: Usually ships within 24 hours.
Price: 69.95
Author(s):
 David Stendahl
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 Mark Helweg
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Synopsis:
"The authors have introduced a new idea in charting -- the Value Chart.
Their expertise in designing and testing trading systems around this new concept,
make this book a must read for all stock and futures traders." - Lawrence
G. McMillan, McMillan on Options Description:
That's high praise. But it's well deserved for this breakthrough book. Get
a thorough overview of 2 innovative market analysis tools -Value Charts and
Price Action Profile-and discover how to use these them to trade all markets
with confidence, and develop systems and trading programs that implement them.
Expert advice, real-world examples, and crystal clear charts help you...
Identify and lower risk exposure in various markets with Value Charts
and Price Action Profile
· Develop and improve pattern recognition trading strategies
· Track thousands of markets for the purpose of identifying good buying
or selling opportunities
· Minimize market risk and systemic risk when accumulating stock
Not all charting techniques are created equal. Understand 2 of the most revolutionary
trading indicators currently available - and unlock the door
to unlimited profits.
Jacket Description:
Using the insights that stem from value charts and price action profiles,
Dynamic Trading Indicators shows traders how to develop systems and whole trading
programs that implement these exciting new tools. Through an in-depth exploration
of how to effectively use these new technical indicators in a complete trading
system, Dynamic Trading Indicators provides a framework that allows readers
to obtain a view of what a stock will most likely do next. This innovation in
chart design opens up new vistas for traders and unlocks the door to unlimited
profits.
New technology and the advent of around the clock trading have opened the floodgates
to both foreign and domestic markets. Traders need the wisdom of industry veterans
and the vision of innovators in today's volatile financial marketplace. The
Wiley Trading series features books by traders who have survived the market's
ever changing temperament and have prospered-some by reinventing systems, others
by getting back to basics. Whether a novice trader, professional or somewhere
in-between, these books will provide the advice and strategies needed to prosper
today and well into the future.
Mark W. Helweg has worked and traded on the floor of the Chicago Board of Trade
and, earlier in his career, partnered with an international CTA with over $40
million under management to research new trading system technology.
David C. Stendahl is cofounder of RINA Systems, a software provider for systematic
traders. Stendahl is the author of Profit Strategies: Unlocking Trading Performance
with Money Management.
Table of Contents
- Understanding Price and Value.
- Value Charts.
- Price Action Profile.
- Lowering Risk Exposure.
- Enhancing Value Charts with Short-Term Trading Systems.
- Designing Trading Systems with Value Charts.
- Value Charts and Pattern Recognition.
- Value Scan.
- Using Dynamic Valuation for Changing Markets.
- Dollar Cost Averaging with Value Charts.
Testimonials
“The authors have introduced a new idea in charting-the Value Chart.
Their expertise and technical analysis, and in designing and testing trading
systems around this new charting concept make this book a must read for all
stock futures traders”
-Lawrence G. McMillan
President, McMillan Analysis Corp
author of McMillan on Options
“Understanding the true overbought and oversold nature of a market
or trading vehicle is essential. This book enlightens you to new techniques
that are applicable for active traders such as myself. I would recommend this
book to any serious trader.”
-Robert Deel
CEO of TradingSchool.com
author of Trading the Plan and
The Strategic Electronic Day Trader
“Mark and David continue to demonstrate their uncanny ability to identify
the trading techniques that offer the greatest opportunities for success. Their
understanding of strategy trading, market timing, and risk management is invaluable
for the novice and experienced trader alike.”
-Mike Burke
author of Getting Started in Trading Options
“This innovative approach to chart reading will surely help every active
trader-and even novice investors-have a better read on the markets, and therefore,
a better shot at major market profits.”
-John Boyer
Vice President, Traders' Library
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