WH) A Wiley Finance Edition WILEY j Tener Technical ioe Boost Your Profit ve tiers titud bite | the Latest Indicators § Tushar S. Chande and Stanley Krolla The New Technical Trader ‘You watch the: market challenge your position with everyltick, But are your chosen’ technical indicators helping or hindering your performance? Do they cope tesponsively with the glut of fast- changing electronic data? Are they consistently genierating the signals you need to make profit- able, realtime life and death decisions? Do they dovetail into a trading system based on objective decision making and prudent risk control? Are \your Fisk Control strategies: proactive, letting you Manage your trades aggressively? If not, turn to. The |New Technical Trader tor a new genera- tidn of robust indicators designed to provide a valuable edge in today's markets. In this leading-edge guide, top analyst Tushar ‘Chande and supertrader Stanley Kroll show you their latest, most promising methods of price anal- ysis with the classic tactics and strategies of risk control and money management. The result is a Personalized, winning trading system that adjusts automatically to market volatility generates reli- able entry and exit signals, shrewdly estimates risk ‘on new and current positions, and promotes su- perior portfolio selection. Jum to The New Technical Trader to redefine the basic building blocks of a typical srading sys- tem: from moving averages, to momentum oscil- lators; from price patterns to profitability templates. Learn how 10 transform the compo- nents of popular static technical indicators—rela- tive strength’ index, momentum, stochastic oscillator and more—into dynamic price oscilla- tors that are nimbler than their static predecessors. Detailed tutorials and profuse illustrations from real-life commodity, currency and stock market trading scenarios offer specific rules. for testing these oscillators, $0 you Can readily adapt therm to your trading style. Discover how to: * Develop price forecasts for the next trading day and beyond. Master the essentials of regression analysis to quantify trend strength, detect early warning signs of potential trend changes, and promote a more Objective, less emotional ap- proach to trading. #® Switch to dynamic moving averages that adjust their effective length based on market momen- tum of Volatility: so you can set unique slops, develop trading bands for 4 breakout trad- ing system, and pinpoint resistance or support. {continued on back flap)THE NEW TECHNICAL TRADER