Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read April 2014
newdigital, 2014.04.18 18:32
The New Science of Technical Analysisby Thomas R. Demark
From the Foreword by John J. Murphy "DeMark's work as a consultant has
been restricted to large institutions and many of the legendary traders
in the world today. By sharing his creative ideas with us, as well as
his passion for precision and improvement, Tom DeMark's emphasis on the
'new science' of technical analysis helps push the technical frontier
another step forward. With the unprecedented attention now being paid to
technical analysis, this new book couldn't have come at a better time."
-John J. Murphy, bestselling author of Technical Analysis of the
Futures Markets and Intermarket Technical Analysis, and technical
analyst for CNBC
"This book is filled with innovative, creative, and
clever new ideas on technical analysis. Tom DeMark has done a wonderful
job of turning subjective techniques into objective strategies and
tactics."
- Courtney Smith President and CIO Pinnacle Capital
Management, Inc.
"Those who know him and his work call him the
consummate technician--a trading system developer without peer."
- Futures magazine
"DeMark is the ultimate indicator and systems guy. No
one touches him. I know the Holy Grail of trading systems doesn't exist
because if it did, Tom would have found it by now."
- James Bianco
Director of Arbor Trading
"Tom DeMark is a genuine leader who has been
behind-the-scenes until now. Publishing DeMark is a coup."
- Ralph Vince
author of The Mathematics of Money Management
104262
i-DRProjections:
The indicator predicts daily price ranges and draws them as filled rectangles.
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 24.09.2007.
Author: Nikolay Kositsin