February 2007
Intermediate to advanced
364 pages
7h 20m
English
book
Gold Trading Boot Camp: How to Master the Basics and Become a Successful Commodities Investor
by Gregory T. Weldon
Content preview from Gold Trading Boot Camp: How to Master the Basics and Become a Successful Commodities Investor
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CHAPTER 34
The “TIMID” Matrix
The initials TIMID stand for Trend Identification and Momentum Indicator Derivative. TIMID is just that, an indicator that is derived from a combination of calculations that are applied to trend index figures which are then tweaked further by using momentum indicators. From the TIMID matrix I then derive my Power Rankings, which are published within my research products.
The result of this proprietary process is a derivative indicator that can be defined for any and all global capital markets instruments.
Moreover, I have created the TIMID indicator so that the readings fall into certain ranges that allow for comparison between instruments, in terms of where each trend might be.
This opens up a wide range of uses for the TIMID indicators. Not only can I determine whether the market is statistically ripe for the application of trend-following methodologies, or whether a countertrend stance is desirable, but I can also compare individual instruments within the same sector, to determine which one offers the best odds of sustaining a successful trend.
Additionally, my indicators can be applied to any and all spreads in a study of mutual funds, exchange-traded funds, and individual stocks, too.
While I will not divulge the exact algorithms that I use to calculate my TIMID indicators, I am publishing my Power Rankings as applied to the entire universe of investment vehicles, particularly in a top-down global investment portfolio.
Since early 2006, I have ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.