Product Description

Millions of traders participating in today’s financial markets have shot interest and involvement in technical analysis to an all-time high. This updated edition of Technical Analysis from A to Z combines a detailed explanation of what technical analysis is and how it works with overviews, interpretations, calculations, and examples of over 135 technical indicators—and how they perform under actual market conditions. Enhanced with more details to make it easier to use and understand, this book reflects the latest research findings and advances. A complete summary of major indicators that can be used in any market, it covers:
• Every trading tool from the Absolute Breadth Index to the Zig Zag
• Indicators include Arms Index, Dow Theory, and Elliott Wave Theory
• Over 35 new indicators

Product Details

• Amazon Sales Rank: #84854 in Books
• Published on: 2000-10-02
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 380 pages

From the Back Cover
Updated and Revised—With Over 35 Brand New Indicators!

A Comprehensive Catalog of Today’s Major Technical Analysis Indicators—Indispensable for Trading in Stocks, Bonds, Futures, and Options!

"There is an urgent need for a concise reference on such a vast array of technical tools. Achelis’ new edition fulfills that need and should provide an invaluable guide to newcomers and veterans alike."-—John J. Murphy President, MurphyMorris.com Author, Technical Analysis of the Financial Markets and Intermarket Technical Analysis

"Steve Achelis has done it again. The first edition was a wonderfully comprehensive encyclopedia of market indicators. The second edition is even better."-—Martin Pring President, International Institute of Economic Research Author, Technical Analysis Explained and Martin Pring’s Introduction to Technical Analysis

"Often technical analysis, because of its depth and complexity, can seem like magic. Steve Achelis’s Technical Analysis from A to Z helps the reader transition from the realm of magic to the land of understanding. This revision of his classic reference on technical techniques and indicators is a must for any technical analysis library." —-John Bollinger, CFA, MFT Bollinger Capital Management

About the Author
Steven B. Achelis is the founder of Equis International, Inc., a leading provider of investment analysis, portfolio management, and stock market data collection software. The designer of numerous trading software programs including MetaStock—the most popular technical analysis program in the world—Achelis is an experienced investment analyst and trader. He has written influential articles on technical analysis and investment market timing, and has made regular radio and television appearances on national networks including CBS and CNBC.

Customer Reviews

Technical tool encyclopedia
If you are looking for a technical tool reference book for your investing/trading library this is the one. This book covers (in alphabetical order) every trading tool I am aware of including the O' Neal CAN SLIM method, trend lines, volume, stochastics, Williams %R, every kind of moving average, candlestick charting, decline/advance, oscillators and just about everything else you will run across in trading stocks. The author gives an overview of the indicator, the interpretation, an example, then shows how to calculate it with the mathematical formulas used and a table for reference. I read this book from cover to cover and learned a great deal. I believe it is a must have for beginners if you are serious about using technical tools to time your trades correctly at proper buy points.

Good perspective on technical analysis.
Steven Achelis does a pretty decent job of showing what the stock market really is: just a big jumble of numbers completely determined by human emotion. And because pretty much anything involving human emotion is cyclical, it also becomes somewhat predictable.

This book presents an excellent selection of technical indicators that do a number of different things. It also presents formulas for most of the indicators.

Not only Technical Analysis...
... but also a well written understanding of the mathematical models that make them work. If you trade with indicators, you need this book along with "Pring".