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Informationen zum Autor KIRK NORTHINGTON is the President of Northington Trading, LLC, a developer of technical analysis systems based on adaptive volatility for swing trading. The company's flagship software product, MetaSwing, is an add-on toolkit for users of MetaStock technical analysis software. In addition to system design, Northington Trading trades stocks on the NYSE and NASDAQ exchanges. Kirk has previously held positions in several Fortune 500 companies, with experience in engineering, digital control system design, and project management. Klappentext A framework for creating volatility-based technical analysis and trading it for profitVolatility-Based Technical Analysis bridges the advantage gap between resource rich institutions and individual traders. It is a no-calculus, plain-English text that reveals original, highly technical, mathematical-based volatility indicators, complete with MetaStock(r) and TradeStation(r) code. With this in hand, any trader can "trade the invisible" by seeing a hidden mathematical structure on the price chart. Author Kirk Northington reveals his proprietary volatility indicators that serve as a market early warning system. Northington extensively teaches you how to build your own indicators, test them, and incorporate your original components into your specific trading methods.* Walks traders through the mathematical techniques needed to create indicators that fit their own style* Illustrates volatility-based entries and exits with over 170 descriptive chart examples* Introduces two new concepts in technical analysis: Volatility Shift and PIVWritten with the serious trader in mind, Volatility-Based Technical Analysis has what you need to successfully trade today's institutionally dominated markets. Zusammenfassung Volatility-Based Technical Analysis arms traders with the same type of ammunition used by the big players: highly technical, mathematical-based volatility indicators. With this in hand, any trader can "trade the invisible" by reading a price chart in a much different, analytical way. Inhaltsverzeichnis Preface xiii Intended Audience xiv What's Inside? xiv Acknowledgments xvii PART ONE Are You Prepared? 1 CHAPTER 1 The Challenges 3 The Brain Power 4 The Horse Power 6 Options and VaR Ascendancy 7 Rain Clouds or Urine? 10 News Folly 12 Eyes on the Goal 13 CHAPTER 2 The Opportunities 15 Choose Your Battles 16 Take the Offensive 17 Prepare and Perform 26 Quiet the Noise 29 Opportunities Outnumber Challenges 30 CHAPTER 3 The Foundation: Preparations for Exploring Volatility-Based Technical Analysis 31 The Preparations Needed 32 Trading the Invisible Indicators: Original Development 33 Tenets of Volatility-Based Technical Analysis 34 Component Testing 40 MetaSwing QuickStart 40 Discover by Doing 51 PART TWO Seeing the Invisible 53 CHAPTER 4 New Volatility Indicator Design 55 Volatility Unmasked 56 Standard Deviation 57 Example: Volatility-Based Support and Resistance 61 Average True Range 66 Molding a Volatility-Based Indicator 69 The Whole Picture 83 Building Blocks 86 CHAPTER 5 Integrated Volatility Indicator Design 87 Volatility Pointed Forward 87 Projected Implied Volatility 90 More from the Math Toolbox 101 Using Tools to Leverage TTI ATR Extreme 107 Development Efficiency 114 Inventing Wheels: You're Not Alone 115 Onward 126 CHAPTER 6 The Framework: A Structural Approach for Cross-Verification 127 Adopting a Structure 128 Think and See Volatility 129 The Framework Components 141 Constructing a Compound Derivative 146 The Framework 156 ...
