ARTICLE SYNOPSIS...Brian Shannon, CMT, has been involved with Wall Street for over three decades. He was lead trader and director of research at MarketWise Securities from 1999 to 2006, where his focus was providing technical analysis training and education to individuals.
ARTICLE SYNOPSIS...This measure of uncertainty can provide insights into market dynamics that traditional methods may overlook. Find out how
ARTICLE SYNOPSIS...Here, we define Shannon entropy and show how you can apply it to your trading results and derive a measure of the uncertainty or predictability of your method
ARTICLE SYNOPSIS...Here's an indicator that discerns the nature of the underlying market and helps you decide whether you should trade trends or channels