New Frontiers in Technical Analysis: Effective Tools and Strategies for Trading and Investing

Preface

In the struggle for survival, the fittest win out at the expense of their rivals because they succeed in adapting themselves best to their environment.

—Charles Darwin

This book has been assembled in response to the growing demand to diversify an investment strategy through the numerous styles of contemporary market analysis and the ongoing search for increasing alpha. Although the most frequently used style of analysis is fundamental, the adoption of technical analysis as an adjunct or preferred style of analysis is becoming increasingly sought after and accepted.

This evolution has become visible in many ways. One observation discussed in Chapter 1 is the tracking and measurement of the use and growth of charts and technical indicators ...