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.
Praise for Dynamic Trading Indicators
Winning with Value Charts and Price Action Profile
"The authors have introduced a new idea in charting-the Value Chart. Their expertise in technical analysis and in designing and testing trading systems around this new charting concept makes this book a must- read for all stock and 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 Trading Options
"This innovative approach to chart reading will 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