ARTICLE SYNOPSIS ...Cumulative Volume by Stuart Thomson
Do you need a street map in a new city? Do you need any direction before buying or selling a stock?
Do you need to know the right time to buy or sell stocks? And, do you need a feeling of certainty once
you have acted?
O.K. There is a technical tool available to anyone willing to do his own homework to achieve these ends.
It is based on supply and demand and is called Cumulative Volume, or CV for short.
If technical analysis can provide us with guidance for determining (1) the future trend of the market
generally, and (2) the future trend of the particula...
Detecting dependence part 2 by Clifford J. Sherry, Ph.D.
ARTICLE SYNOPSIS ...Detecting dependence part 2 by Clifford J. Sherry, Ph.D.
In an article in the last issue (Stocks & Commodities, April 1986), I outlined a means of detecting
whether dependence existed between prices in a time series. To read this article, you should recall the
method used in that article to create price change frequency histograms and divide them into classes.
Also, to avoid repetition, the exemplary data series from that article will be used.
Once you have generated the price change frequency histogram and divided it into the appropriate
classes, like thirds, and assigned each price change ...
ARTICLE SYNOPSIS ...Fine-tuning the demand index by Thomas E. Aspray
The Demand Index, which utilizes price and volume, calculates the buying pressure and selling pressure exerted on prices. These can be used to create an oscillator to identify accumulation or distribution in both stocks and commodities.
In analyzing the commodity markets, I use a series of approximately twelve technical studies which I
have selected after extensive historical research. If these studies are in agreement (uniformly bearish or
bullish), they determine how much emphasis to put on the daily studies.
For example, if t...
ARTICLE SYNOPSIS ...Letters to Technical Analysis
I have an understanding of Fourier analysis from being an old-time EE. Not a lot of depth. I would like
more information on the Volume 1 and Volume 2 disks. I have Volumes 1 and 2 of Technical Analysis of
Stocks & Commodities; also an IBM PC.
Do you have any further literature or a phone number I can use to call you?
ED VILAS - Silver Spring, MD
Dear Mr. Vilas
Volumes 1 and 2 computer disks are currently only available in Apple II computer format. We intend to
supply them as subroutines for IBM DOS at a later date.
Fourier analysis ...
ARTICLE SYNOPSIS ...SWEENEY AGONISTES by John Sweeney
- Believe it or not, there is method to our madness in publishing articles. Two series of articles going on
right now are laying the groundwork for much more rigorous technical systems.
Clifford Sherry's articles are extracting the statistical techniques developed in neurophysiology for
processing neural signals and applying them for our readers to trading time series. These articles
constitute an arsenal of tools to analyze and categorize--objectively--the markets with which you are
It is important to me to know whether the market I'm f...
The optimization of a trading program by Robert C. Pelletier
ARTICLE SYNOPSIS ...The optimization of a trading program by Robert C. Pelletier
Many people have purchased software which gives the opportunity to test various parameter
combinations to achieve the maximum profit results. For example, a system which may use three moving
averages to determine market entry, market exit, and, perhaps, a stop parameter, might require the
investigation of a range of moving average readings for each of the three moving averages.
Investigating all the combinations of three moving averages for a system where each moving average can
take on 10 possibilities would require the computer t...
ARTICLE SYNOPSIS ...Wyckoff in action by David H. Weis
In 1908, Richard D. Wyckoff began publishing The Ticker, a monthly magazine designed to educate the
public on how to understand and profit from the stock market. The early popularity of this magazine can
be attributed to the series of articles which Wyckoff wrote on tape reading. He had spent 20 years on
Wall Street and learned the secrets of the most successful traders who studied every transaction on the
stock ticker. In describing James Keene, a successful syndicate manager, Wyckoff mentioned how he
pored over the tape as if in a trance, analyzing ""price...