Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile

by David Stendahl, Marketplace Books, Mark Helweg, et al.

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.

• Format: Hardcover
• Language: English
• ISBN: 0471215570
• ISBN13: 9780471215578
• Release Date: June 2002
• Publisher: John Wiley & Sons
• Length: 240 Pages
• Weight: 1.10 lbs.
• Dimensions: 1.0" x 6.4" x 9.3"

Customer Reviews

Very interesting approach

This is a good book and value charts are a very interesting new approach. I slightly modified it and I get really outstanding results. I highly recommend this book to everyone who realizes that conventional indicators such as RSI, Williams, MACD and all the others just don't cut it anymore.

Best Indicator Out There

Value Charts seems to be one of the better, if the the best indicator out there. This book explains how to calculate a value chart and goes into great detail with many examples.