Portfolio Management Software
Overview The MACD (“Moving Average Convergence/Divergence”) is a trend following momentum indicator that shows the relationship between two moving averages of prices. The MACD was developed by Gerald Appel, publisher of Systems and Forecasts. The MACD is the difference between a 26-day and 12-day exponential moving average. A 9-day exponential […]
Overview Kagi charts are believed to have been created around the time that the Japanese stock market began trading in the 1870s. Kagi charts display a series of connecting vertical lines where the thickness and direction of the lines are dependent on the price action. The charts ignore the passage […]
Is there order in the markets? Are there definable chart formations that form the basic building blocks of price action? Yes, I believe there are, and I am happy to share them with you. I discovered them many years ago, over time and through the use of statistics. Three basic […]
By Jack L. Treynor and Robert Ferguson 1985 Abstract / Introduction: Many investors occasionally receive what they believe to be nonpublic information about a security. Others feel that by supplying superior analytical skills to public information, they are able to arrive at valuable insights that are not generally appreciated…. […]
This tutorial written and reproduced with permission from Peter Ponzo Once upon a time, a British government bureaucrat named Harold Edwin Hurst studied 800 years of records of the Nile’s flooding. He noticed that there was a tendency for a high flood year to be followed by another high flood […]