The Contributions of Bob English
As noted in the introduction to this chapter, Bob English is an active day trader and author of The Precision Report (www.precisioncapmgt.com). He became acquainted with the MIDAS method in early 2009 and since then has become an active student of the MIDAS approach, using it daily in his various market analyses.
English has made a number of contributions that have expanded or evolved the MIDAS method, and samples of his work are outlined here.
Simplifying MIDAS Calculations with Volume Charts
As noted in Chapter 7, one of Hawkins's motivations for using equivolume charts is the smoothing effect they have on MIDAS curves. English finds that volume charts also produce a similar effect for day trading. Volume charts ...