Rocket Science for Traders

Digital Signal Processing Applications

Author: John F. Ehlers

Publisher: John Wiley & Sons

ISBN: 9780471405672

Category: Business & Economics

Page: 250

View: 4730

Predict the future more accurately in today's difficult tradingtimes The Holy Grail of trading is knowing what the markets will do next.Technical analysis is the art of predicting the market based ontested systems. Some systems work well when markets are "trending,"and some work well when they are "cycling," going neither up nordown, but sideways. In Trading with Signal Analysis, notedtechnical analyst John Ehlers applies his engineering expertise todevelop techniques that predict the future more accurately in thesetimes that are otherwise so difficult to trade. Since cycles andtrends exist in every time horizon, these methods are useful evenin the strongest bull--or bear--market. John F. Ehlers (Goleta, CA) speaks internationally on the subjectof cycles in the market and has expanded the scope of hiscontributions to technical analysis through the application ofscientific digital signal processing techniques.
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Rocket Science for Traders

Digital Signal Processing Applications

Author: John F. Ehlers

Publisher: John Wiley & Sons

ISBN: 9780471405672

Category: Business & Economics

Page: 250

View: 6570

Predict the future more accurately in today's difficult tradingtimes The Holy Grail of trading is knowing what the markets will do next.Technical analysis is the art of predicting the market based ontested systems. Some systems work well when markets are "trending,"and some work well when they are "cycling," going neither up nordown, but sideways. In Trading with Signal Analysis, notedtechnical analyst John Ehlers applies his engineering expertise todevelop techniques that predict the future more accurately in thesetimes that are otherwise so difficult to trade. Since cycles andtrends exist in every time horizon, these methods are useful evenin the strongest bull--or bear--market. John F. Ehlers (Goleta, CA) speaks internationally on the subjectof cycles in the market and has expanded the scope of hiscontributions to technical analysis through the application ofscientific digital signal processing techniques.
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Cybernetic Analysis for Stocks and Futures

Cutting-Edge DSP Technology to Improve Your Trading

Author: John F. Ehlers

Publisher: John Wiley & Sons

ISBN: 9781118045725

Category: Business & Economics

Page: 256

View: 9593

Cutting-edge insight from the leader in trading technology In Cybernetic Analysis for Stocks and Futures, noted technical analyst John Ehlers continues to enlighten readers on the art of predicting the market based on tested systems. With application of his engineering expertise, Ehlers explains the latest, most advanced techniques that help traders predict stock and futures markets with surgical precision. Unique new indicators and automatic trading systems are described in text as well as Easy Language and EFS code. The approaches are universal and robust enough to be applied to a full range of market conditions. John F. Ehlers (Santa Barbara, CA) is President of MESA Software (www.mesasoftware.com) and has also written Rocket Science for Traders (0-471-40567-1) as well as numerous articles for Futures and Technical Analysis of Stocks & Commodities magazines.
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MESA and Trading Market Cycles

Forecasting and Trading Strategies from the Creator of MESA

Author: John F. Ehlers

Publisher: John Wiley & Sons

ISBN: 9780471151968

Category: Business & Economics

Page: 173

View: 5442

The price pattern of the markets created by trading momentum and the corrections that follow can be anticipated. The analysis method is called Maximum Entropy Spectrum Analysis (MESA). This text assists in developing systems that analyze the market trend, leading to more profitable trading.
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Cycle Analytics for Traders + Downloadable Software

Advanced Technical Trading Concepts

Author: John F. Ehlers

Publisher: John Wiley & Sons

ISBN: 1118728602

Category: Business & Economics

Page: 256

View: 3851

A technical resource for self-directed traders who want to understand the scientific underpinnings of the filters and indicators used in trading decisions This is a technical resource book written for self-directed traders who want to understand the scientific underpinnings of the filters and indicators they use in their trading decisions. There is plenty of theory and years of research behind the unique solutions provided in this book, but the emphasis is on simplicity rather than mathematical purity. In particular, the solutions use a pragmatic approach to attain effective trading results. Cycle Analytics for Traders will allow traders to think of their indicators and trading strategies in the frequency domain as well as their motions in the time domain. This new viewpoint will enable them to select the most efficient filter lengths for the job at hand. Shows an awareness of Spectral Dilation, and how to eliminate it or to use it to your advantage Discusses how to use Automatic Gain Control (AGC) to normalize indicator amplitude swings Explains thinking of prices in the frequency domain as well as in the time domain Creates an awareness that all indicators are statistical rather than absolute, as implied by their single line displays Sheds light on several advanced cookbook filters Showcases new advanced indicators like the Even Better Sinewave and Decycler Indicators Explains how to use transforms to improve the display and interpretation of indicators
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Cybernetic Trading Strategies

Developing a Profitable Trading System with State-of-the-Art Technologies

Author: Murray A. Ruggiero

Publisher: John Wiley & Sons

ISBN: 9780471149200

Category: Business & Economics

Page: 315

View: 1832

"The computer can do more than show us pretty pictures. [It] can optimize, backtest, prove or disprove old theories, eliminate the bad ones and make the good ones better. Cybernetic Trading Strategies explores new ways to use the computer and finds ways to make a valuable machine even more valuable." ––from the Foreword by John J. Murphy. Until recently, the computer has been used almost exclusively as a charting and data–gathering tool. But as traders and analysts have quickly discovered, its capabilities are far more vast. Now, in this groundbreaking new book, Murray Ruggiero, a leading authority on cybernetic trading systems, unlocks their incredible potential and provides an in–depth look at the growing impact of advanced technologies on intermarket analysis. A unique resource, Cybernetic Trading Strategies provides specific instructions and applications on how to develop tradable market timing systems using neural networks, fuzzy logic, genetic algorithms, chaos theory, and machine induction methods. Currently utilized by some of the most powerful financial institutions in the world––including John Deere and Fidelity Investments––today′s advanced technologies go beyond subjective interpretations of market indicators to enhance traditional analysis. As a result, existing trading systems gain a competitive edge. Ruggiero reveals how "incorporating elements of statistical analysis, spectral analysis, neural networks, genetic algorithms, fuzzy logic, and other high–tech concepts into a traditional technical trading system can greatly improve the performance of standard trading systems." For example: spectral analysis can be used to detect when a market is trending earlier than classical indicators such as ADX. Drawing on his extensive research on market analysis, Ruggiero provides an incisive overview of cyber–systems––systems that, when applied correctly, can increase trading returns by as much as 200% to 300%. The author covers a wide range of important topics, examining classical technical analysis methodologies and seasonal trading, as well as statistically based market prediction and the mechanization of subjective methods such as candlestick charts and the Elliott Wave. Precise explanations and dozens of real–world examples show you how to: ∗ Incorporate advanced technologies into classical technical analysis methodologies. ∗ Identify which of these technologies have the most market applicability. ∗ Build trading systems to maximize reliability and profitability based on your own risk/reward criteria. Most importantly, Cybernetic Trading Strategies takes you step by step through system testing and evaluation, a crucial step for controlling risk and managing money. With up–to–date information from one of the field′s leading authorities, Cybernetic Trading Strategies is the definitive guide to developing, implementing, and testing today′s cutting–edge computer trading technologies.
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Mastering Hurst Cycle Analysis

A modern treatment of Hurst's original system of financial market analysis

Author: Christopher Grafton

Publisher: Harriman House Limited

ISBN: 0857191985

Category: Business & Economics

Page: 384

View: 5805

One of the best classical methods of technical analysis brought up to date This book offers a modern treatment of Hurst's original system of market cycle analysis. It will teach you how to get to the point where you can isolate cycles in any freely-traded financial instrument and make an assessment of their likely future course. Although Hurst's methodology can seem outwardly complex, the logic underpinning it is straightforward. With practice the skill needed to conduct a full cycle analysis quickly and effectively will become second nature. The rewards for becoming adept are high conviction trades, tight risk management and mastery of a largely non-correlated system of analysis. In this extensive step-by-step guide you will find a full description of the principal tools and techniques taught by Hurst as well as over 120 colour charts, together with tables and diagrams. The Updata and TradeStation code for all of the indicators shown is also included.
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A Primer for Financial Engineering

Financial Signal Processing and Electronic Trading

Author: Ali N. Akansu,Mustafa U. Torun

Publisher: Academic Press

ISBN: 0128017503

Category: Technology & Engineering

Page: 156

View: 8586

This book bridges the fields of finance, mathematical finance and engineering, and is suitable for engineers and computer scientists who are looking to apply engineering principles to financial markets. The book builds from the fundamentals, with the help of simple examples, clearly explaining the concepts to the level needed by an engineer, while showing their practical significance. Topics covered include an in depth examination of market microstructure and trading, a detailed explanation of High Frequency Trading and the 2010 Flash Crash, risk analysis and management, popular trading strategies and their characteristics, and High Performance DSP and Financial Computing. The book has many examples to explain financial concepts, and the presentation is enhanced with the visual representation of relevant market data. It provides relevant MATLAB codes for readers to further their study. Please visit the companion website on http://booksite.elsevier.com/9780128015612/ Provides engineering perspective to financial problems In depth coverage of market microstructure Detailed explanation of High Frequency Trading and 2010 Flash Crash Explores risk analysis and management Covers high performance DSP & financial computing
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The Ultimate Trading Guide

Author: John R. Hill,George Pruitt,Lundy Hill

Publisher: University of Texas Press

ISBN: 9780471381358

Category: Business & Economics

Page: 301

View: 7497

In The Ultimate Trading Guide, Hill, Pruitt, and Hill clearly explain the principles behind trading systems. They demonstrate how various types of systems operate for accounts of all sizes--from $10,000 to $1 million. And they provide the tools and background necessary for developing computerized trading systems that really work
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The Trading Book: A Complete Solution to Mastering Technical Systems and Trading Psychology

Author: Anne-Marie Baiynd

Publisher: McGraw Hill Professional

ISBN: 0071767002

Category: Business & Economics

Page: 272

View: 6828

THE SMARTEST TRADES. THE HOTTEST MARKETS. THE ONLY BOOK YOU NEED. You don’t have to be a professional trader to win big in the stock market. That’s what Anne-Marie Baiynd learned when she changed her career from neuroscience researcher to full-time momentum trader. Now, with her popular website and this brilliant new book, she teaches other traders how to master the market using her proven combination of analytics and psychology. The Trading Book shows you how to: Master the power of technical trading Increase profits using probabilities and pattern recognition Focus on precision trading for consistent results Discover the benefits of waves and fibs Embrace the habits of highly effective traders This one-of-a-kind guide goes beyond the numbers and statistics to show you the complex psychology behind the trades—from the greatest gains to the hardest losses. You’ll discover how other traders deal with making counterintuitive decisions; how to use technical indicators to identify the momentum and direction of the markets; and how to achieve your long-term financial goals through discipline, dedication, and endurance. Filled with insightful case studies, interviews, exercises, and guidelines for keeping a personal trading journal, this is more than a crash course for beginners or an industry guide for experts. This is the book on trading. Praise for The Trading Book: “Anne-Marie is an amazing trader who loves to share ideas. She knows it makes her smarter and so sharing is not really giving away anything. Anne Marie can explain complex trading ideas in a digestible manner, and any level of trader or investor will benefit from this book.” —Howard Lindzon, cofounder and CEO of StockTwits and author of The StockTwits Edge “The Trading Book does an outstanding job of offering step-by step explanations of trading strategies and methods. Anyone looking for a clear path to profits in the markets will find the pre-trade checklist especially helpful for staying disciplined during the trading day. The lessons on reading stock charts are some of the best I’ve seen and worth reading multiple times.” —Tim Bourquin, Traderinterviews.com “This excellent book balances trading wisdom, psychology, common sense, and valuable strategies that you can put to work immediately. I think that the ‘woman’s perspective’ really adds something that most trading books are missing. Read this book; trust me!” —Brian Shannon, author of Technical Analysis Using Multiple Timeframes and President of Alphatrends.net
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40 Days of Dating

An Experiment

Author: Timothy Goodman,Jessica Walsh

Publisher: ABRAMS

ISBN: 1613127154

Category: Self-Help

Page: 304

View: 7203

“What would happen if Harry met Sally in the age of Tinder and Snapchat? . . . A field guide to Millennial dating in New York City” (New York Daily News). When New York–based graphic designers and long-time friends Timothy Goodman and Jessica Walsh found themselves single at the same time, they decided to try an experiment. The old adage says that it takes 40 days to change a habit—could the same be said for love? So they agreed to date each other for 40 days, record their experiences in questionnaires, photographs, videos, texts, and artworks, and post the material on a website they would create for this purpose. What began as a small experiment between two friends became an Internet sensation, drawing 5 million unique (and obsessed) visitors from around the globe to their site and their story. 40 Days of Dating: An Experiment is a beautifully designed, expanded look at the experiment and the results, including a great deal of material that never made it onto the site, such as who they were as friends and individuals before the 40 days and who they have become since.
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Pooling Money

The Future of Mutual Funds

Author: Yasuyuki Fuchita,Robert E. Litan

Publisher: Brookings Institution Press

ISBN: 9780815701668

Category: Business & Economics

Page: 139

View: 6801

One of the first rules of investing is diversification: spreading resources over many types of investments in order to minimize financial risk. Mutual funds have been the diversification vehicle of choice for the last several decades. In recent years, however, other opportunities for diversification—such as separately managed accounts and exchange-traded funds—have enjoyed rapid growth. What lies ahead for the mutual fund industry in light of this increasingly competitive environment? In this volume, experts from the United States and Japan look at forces of change in their securities markets and offer their views of the future for mutual funds and other forms of securities diversification. Contributors include Harold Bradley (Kauffman Foundation), Koichi Iwai (Nomura Institute of Capital Markets Research),Ajay Khorana (Georgia Institute of Technology),Allan Mostoff (Mutual Fund Directors Forum), Brian Reid (Investment Company Institute), Henri Servaes (London Business School), Paula Tkac (Federal Reserve Bank of Atlanta), and Peter Wallison (American Enterprise Institute).
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An Introduction to the Bond Markets

Author: Patrick J. Brown

Publisher: John Wiley & Sons

ISBN: 0470030747

Category: Business & Economics

Page: 242

View: 4371

This book gives an introduction to the bond markets for practitioners and new entrants who need to understand what they are, how they work and how they can be used, but do not want to be intimidated by mathematical formulae. By the end of the book readers will be able to decide whether to invest in the bond market. The mathematical formulae will be relegated to the appendices and supplemented by a companion website which allows users to enter their own bond market investments, to simulate anticipated events and see the results. Patrick Brown is well-known as Chairman of the European Bond commission (recently retired) The only bond book that does not rely heavily on mathematical formulae
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Evidence-Based Technical Analysis

Applying the Scientific Method and Statistical Inference to Trading Signals

Author: David Aronson

Publisher: John Wiley & Sons

ISBN: 1118160584

Category: Business & Economics

Page: 544

View: 1759

Evidence-Based Technical Analysis examines how you can apply the scientific method, and recently developed statistical tests, to determine the true effectiveness of technical trading signals. Throughout the book, expert David Aronson provides you with comprehensive coverage of this new methodology, which is specifically designed for evaluating the performance of rules/signals that are discovered by data mining.
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The Quest for Artificial Intelligence

Author: Nils J. Nilsson

Publisher: Cambridge University Press

ISBN: 1139642820

Category: Computers

Page: N.A

View: 4641

Artificial intelligence (AI) is a field within computer science that is attempting to build enhanced intelligence into computer systems. This book traces the history of the subject, from the early dreams of eighteenth-century (and earlier) pioneers to the more successful work of today's AI engineers. AI is becoming more and more a part of everyone's life. The technology is already embedded in face-recognizing cameras, speech-recognition software, Internet search engines, and health-care robots, among other applications. The book's many diagrams and easy-to-understand descriptions of AI programs will help the casual reader gain an understanding of how these and other AI systems actually work. Its thorough (but unobtrusive) end-of-chapter notes containing citations to important source materials will be of great use to AI scholars and researchers. This book promises to be the definitive history of a field that has captivated the imaginations of scientists, philosophers, and writers for centuries.
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Professional Automated Trading

Theory and Practice

Author: Eugene A. Durenard

Publisher: John Wiley & Sons

ISBN: 1118419294

Category: Business & Economics

Page: 384

View: 5962

An insider's view of how to develop and operate an automated proprietary trading network Reflecting author Eugene Durenard's extensive experience in this field, Professional Automated Trading offers valuable insights you won't find anywhere else. It reveals how a series of concepts and techniques coming from current research in artificial life and modern control theory can be applied to the design of effective trading systems that outperform the majority of published trading systems. It also skillfully provides you with essential information on the practical coding and implementation of a scalable systematic trading architecture. Based on years of practical experience in building successful research and infrastructure processes for purpose of trading at several frequencies, this book is designed to be a comprehensive guide for understanding the theory of design and the practice of implementation of an automated systematic trading process at an institutional scale. Discusses several classical strategies and covers the design of efficient simulation engines for back and forward testing Provides insights on effectively implementing a series of distributed processes that should form the core of a robust and fault-tolerant automated systematic trading architecture Addresses trade execution optimization by studying market-pressure models and minimization of costs via applications of execution algorithms Introduces a series of novel concepts from artificial life and modern control theory that enhance robustness of the systematic decision making—focusing on various aspects of adaptation and dynamic optimal model choice Engaging and informative, Proprietary Automated Trading covers the most important aspects of this endeavor and will put you in a better position to excel at it.
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Computational Intelligence

An Introduction

Author: Andries P. Engelbrecht

Publisher: John Wiley & Sons

ISBN: 9780470512500

Category: Technology & Engineering

Page: 628

View: 7437

Computational Intelligence: An Introduction, Second Edition offers an in-depth exploration into the adaptive mechanisms that enable intelligent behaviour in complex and changing environments. The main focus of this text is centred on the computational modelling of biological and natural intelligent systems, encompassing swarm intelligence, fuzzy systems, artificial neutral networks, artificial immune systems and evolutionary computation. Engelbrecht provides readers with a wide knowledge of Computational Intelligence (CI) paradigms and algorithms; inviting readers to implement and problem solve real-world, complex problems within the CI development framework. This implementation framework will enable readers to tackle new problems without any difficulty through a single Java class as part of the CI library. Key features of this second edition include: A tutorial, hands-on based presentation of the material. State-of-the-art coverage of the most recent developments in computational intelligence with more elaborate discussions on intelligence and artificial intelligence (AI). New discussion of Darwinian evolution versus Lamarckian evolution, also including swarm robotics, hybrid systems and artificial immune systems. A section on how to perform empirical studies; topics including statistical analysis of stochastic algorithms, and an open source library of CI algorithms. Tables, illustrations, graphs, examples, assignments, Java code implementing the algorithms, and a complete CI implementation and experimental framework. Computational Intelligence: An Introduction, Second Edition is essential reading for third and fourth year undergraduate and postgraduate students studying CI. The first edition has been prescribed by a number of overseas universities and is thus a valuable teaching tool. In addition, it will also be a useful resource for researchers in Computational Intelligence and Artificial Intelligence, as well as engineers, statisticians, operational researchers, and bioinformaticians with an interest in applying AI or CI to solve problems in their domains. Check out http://www.ci.cs.up.ac.za for examples, assignments and Java code implementing the algorithms.
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Trading Price Action Trends

Technical Analysis of Price Charts Bar by Bar for the Serious Trader

Author: Al Brooks

Publisher: John Wiley & Sons

ISBN: 1118166256

Category: Business & Economics

Page: 480

View: 399

A practical guide to profiting from institutional trading trends The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process. By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology. Price Action Trends Bar by Bar describes in detail what individual bars and combinations of bars can tell a trader about what institutions are doing. This is critical because the key to making money in trading is to piggyback institutions and you cannot do that unless you understand what the charts are telling you about their behavior. This book will allow you to see what type of trend is unfolding, so can use techniques that are specific to that type of trend to place the right trades. Discusses how to profit from institutional trading trends using technical analysis Outlines a detailed and original trading approach developed over the author's successful career as an independent trader Other books in the series include Price Action Trading Ranges Bar by Bar and Price Action Reversals Bar by Bar If you're looking to make the most of your time in today's markets the trading insights found in Price Action Trends Bar by Bar will help you achieve this goal.
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Africa-to-Africa Internationalization

Key Issues and Outcomes

Author: Ifedapo Adeleye,Lyal White,Nathaniel Boso

Publisher: Springer

ISBN: 3319306928

Category: Business & Economics

Page: 275

View: 8882

Highlighting an important emerging trend in FDI to Africa, this book consists of important contributions focusing on an increase in trade and investment between African countries. An area that until now has received little attention, this volume aims to define the key issues and explores the challenges and outcomes that have characterized Africa-to-Africa internationalization, providing guidance on directions for future research. Africa-to-Africa Internationalization includes both conceptual and empirical contributions, illustrating the practical issues in intra-African trade and investment. Providing readers with a deep sense of the realities and challenges of cross-border investments within the region, the cases included in the book are useful pedagogical materials for faculty members interested in teaching international business in the African context.
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The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities

Author: Alan Farley

Publisher: McGraw Hill Professional

ISBN: 9780071380133

Category: Business & Economics

Page: 443

View: 1557

Swing trading is gaining popularity as a powerful method to increase returns—and potentially lower risks—by profiting from short-term price moves. The Master Swing Trader explains how traders can use technical analysis, charting, and market sentiment to make trades that hold through price fluctuations and noise with wider stops. This complete, practical guide to making profitable short-term trades—based on the author’s popular “Mastering the Trade” online course—uses dozens of charts and graphs to illustrate proven swing trading concepts and strategies. Experienced day, position, and online traders will benefit immediately from: - The 7 Bells – unique tools to uncover promising short-term prospects - Techniques to profit from low-risk short sales - The 4 repeating cycles for perfectly timed trades
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