Something to read

The New Science of Technical Analysis
by Thomas R. Demark

From the Foreword by John J. Murphy "DeMark's work as a consultant has been restricted to large institutions and many of the legendary traders in the world today. By sharing his creative ideas with us, as well as his passion for precision and improvement, Tom DeMark's emphasis on the 'new science' of technical analysis helps push the technical frontier another step forward. With the unprecedented attention now being paid to technical analysis, this new book couldn't have come at a better time."
-John J. Murphy, bestselling author of Technical Analysis of the Futures Markets and Intermarket Technical Analysis, and technical analyst for CNBC
"This book is filled with innovative, creative, and clever new ideas on technical analysis. Tom DeMark has done a wonderful job of turning subjective techniques into objective strategies and tactics."
- Courtney Smith President and CIO Pinnacle Capital Management, Inc.

"Those who know him and his work call him the consummate technician--a trading system developer without peer."
- Futures magazine

"DeMark is the ultimate indicator and systems guy. No one touches him. I know the Holy Grail of trading systems doesn't exist because if it did, Tom would have found it by now."
- James Bianco Director of Arbor Trading

"Tom DeMark is a genuine leader who has been behind-the-scenes until now. Publishing DeMark is a coup."
- Ralph Vince author of The Mathematics of Money Management

Something to Read - Forex Price Action Scalping: an in-depth look into the field of professional scalping
by Bob Volman

Forex Price Action Scalping provides a unique look into the field of professional scalping. Packed with countless charts, this extensive guide on intraday tactics takes the reader straight into the heart of short-term speculation. The book is written to accommodate all aspiring traders who aim to go professional and who want to prepare themselves as thoroughly as possible for the task ahead. Few books have been published, if any, that take the matter of scalping to such a fine and detailed level as does Forex Price Action Scalping. Hundreds of setups, entries and exits (all to the pip) and price action principles are discussed in full detail, along with the notorious issues on the psychological side of the job, as well as the highly important but often overlooked aspects of clever accounting. The book, counting 358 pages, opens up a wealth of information and shares insights and techniques that are simply invaluable to any scalper who is serious about his trading.

"Bob Volman (1961) is an independent trader working solely for his own account. A price action scalper for many years, he was asked to bundle all his knowledge and craftsmanship into an all-inclusive guide on intraday tactics. Forex Price Action Scalping is the long-awaited result. PUBLISHER'S NOTE: On youtube several obscure videos, posted by commercial vendors, falsely claim affiliation with the book and the author. We sharply condemn these practices."

Originally Posted by ArticleMan

Cloud Charts : Trading Successful with the Ichimoku Technique by David Linton


Attachment 32995


...

Cloud Charts tools in premium section of the forum:

-----------------------

Trading Systems - Cloud Systems

- DonchianCloudSystem_v1.0 600+ indicator is on this post. This is the DonchianCloudSystem indicator which is based on the price channel breakouts. This version is for the build 600 and above
- DonchianCloudSystem_v1.1 600+ indicator is on this post. This is the updated DonchianCloudSystem indicator with the new set of prices and the deep correction signals.This version is for the build 600 and above
- DonchianCloudSystem Adaptive_v1.1 600+ indicator is on this post. This is the adaptive version of DonchianCloudSystem indicator with all kinds of alerts. This version is for the build 600 and above

- EnvelopesCloudSystem_v1.0 600+ indicator is on this post. This is the the EnvelopesCloudSystem indicator with all kinds of alert, with email alert, and with Push Notification and with the ability to plot the Target Cloud. This version is for the build 600 and above

- BollingerCloudSystem_v1.0 600+ indicator is on this post. This is the the BollingerCloudSystem indicator which is based on the Bollinger Bands breakouts, with all kinds of alert, with email alert, with Push Notification and with the ability to plot the Target Cloud. This version is for the build 600 and above
- BollingerCloudSystem Adaptive_v1.0 600+ indicator is on this post. This is the the BollingerCloudSystem Adaptive indicator which is based on the Bollinger Bands breakouts with alerts, email alert, with Push Notification and with the ability to plot the Target Cloud and Swing Signals. This version is for the build 600 and above


- VoltyCloudSystem_v1.0 600+ indicator is on this post. This is the advanced VoltyCloudSystem indicator with the set of 32 MAs and with the ability to plot the Target Cloud. This version is for the build 600 and above
- VoltyCloudSystem_v1.1 600+ indicator is on this post. This is the updated VoltyCloudSystem indicator which is able to show the Deep Correction signals. This version is for the build 600 and above
- VoltyCloudSystem Adaptive_v1.0 600+ indicator is on this post. This is the the VoltyCloudSystem Adaptive indicator which is based on the Bollinger Bands breakouts with alerts, email alert, with Push Notification and with the ability to plot the Target Cloud and Swing Signals. This version is for the build 600 and above

and EAs based on Cloud Systems (premium section links) -

--------------------

VoltyCloudTrader EA

- VoltyCloudTrader_v1.0 600+ EA is on this post. This is advanced EA which is based on Volty Cloud System. This version is for the build 600 and above
- VoltyCloudTrader_v1.2 600+ EA is on this post. This is the updated VoltyCloudTrader EA with the new exit mode when trend change and the new entry mode for the first Swing signal after the trend change. This version is for the build 600 and above
- VoltyCloudTrader_v1.3 600+ EA is on this post. This is the updated VoltyCloudTrader EA (v1.3) with fixed a bug for orders opening with TP=0. This version is for the build 600 and above
- VoltyCloudTrader_v1.4 600+ EA is on this post. This is the updated VoltyCloudTrader EA (v1.4) with new important feature: trade on the reverse, trade on the deep correction signals, close orders on the swing signals, set and trail the take profit by the outer bounds, work in ECN mode, and more. This version is for the build 600 and above

Originally Posted by FinanceGlossy

Mastering Hurst Cycle Analysis: A modern treatment of Hurst's original system of financial market analysis

Attachment 31921

In 2011 the work of J. M. Hurst, considered by many as the father of modern cyclic analysis, enjoyed sudden and renewed interest by the trading community. This translated into several works approaching Hurst's methods from three different angles.

Just as stated by the author, it will help readers get a better grasp and understanding of Hurst's work, at a fraction of the the cost of his original private course. It will even provide buyers with the relevant code for Tradestation and Updata. This way, if you're tech savvy and already own one of these charting packages, or don't mind the additional investment needed to use them, you will be able to experiment further with the concepts covered in the book. Since it contains the code for all the different cycles, channels and other indicators, the author spares the reader the math details of Hurst's work, which may be for the best, since this has always been one of the stumbling blocks in applying Hurst's methods.

The self-proclaimed goal of the author is to lead the reader to a stage where he can perform his own cyclic analysis. The bottom line is that how well you master Hurst's methods after reading this book, as with so many other things in life and trading, will depend solely on how much work you're willing to put into experimenting with the concepts.

The book ends with a concise summary of the different theories explaining the causes of cycles, which should stimulate even further research into this fascinating subject.

Mr Grafton mentions the Sentient Trader software, by David Hickson, which covers similar ground. The author of that software has, understandably, undertaken a different approach: there is no code sharing, but instead a sleek black box, which generates trading signals based on Hurst's original work.

There is also the OddsTrader app, by CIT Dates, which is currently the only mobile app that allows users to chart Hurst channels and to use them as the basis for several different trading strategies. It even includes a built-in risk management and position sizing tool.

In summary, if you're interested in cycles and cyclic analysis, there has hardly been a better time for delving into and exploring the subject.

Good book to read.

The Complete Guide To Point & Figure Charting : The New Science of an Old Art

The aim of this book is to explain point-and-figure charting to European investors and traders, and to show why it is the most reliable technical tool for timing entry and exit points in stocks, indices and other securities.

The book is written for all levels of trader, from the novice to the experienced. It starts by explaining the basics of point-and-figure, and by showing its advantages over other types of chart. Readers are then given step-by-step instructions on how to start a point-and-figure chart from simple price data, and how to add to it day-by-day using simple rules based on end of day highs and lows.

The emphasis is on simplicity and clarity. The section on chart interpretation introduces the basic buy and sell signals, and goes on to explain the more complex signals, in each case illustrating the pattern, and the precise entry and exit points, with colour charts from FTSE stocks and indices. It also shows how trend lines are incorporated into a chart. The latest point-and-figure trading techniques are covered in depth.

The authors show how to: use horizontal and vertical counts to estimate the size of price moves, use stop-orders to protect positions, use pyramiding to maximise profitable trends, and use swing trading in combination with p&f. They also show how to adapt your trading style to the amount of capital you have available and to your risk tolerance. In the later sections of the book, the authors concentrate on optimisation of p&f trading and the avoidance of the most common trap - 'over-fitting' - and on analysis of the profitability of p&f trading. They demonstrate conclusively that point and figure, correctly applied, produces consistent and reliable profits across a variety of markets. In summary, Heinrich Weber & Kermit Zieg's book is the definitive guide to the theory and application of point-and-figure charting. It is especially welcome for UK and European traders, since it uses recent charts of FTSE and European securities as examples, and includes hitherto unpublished research on p&f's applicability to European securities.

This is very good book which was written by Evgeniy Zhdan (his mql5 profile is here).

The author is having some products on mql5 Market place (check his products on this page), so I think he knows what he is writing and doing (he is the coder).

This is from the author -

Hello dear traders! I want to present you a book for novice programmers: Expert advisor for MT4 for one evening.
The reader along with the author will independently write an advisor for the MetaTrader-4 trading terminal. The book describes the basic actions that are performed when developing 95% of trade experts. Thanks to the knowledge gained, immediately after reading the book the reader will be able to write a simple expert himself.

Amazon: https://www.amazon.com/dp/B07F85MNCG

Traders can get confused in wrong information in present times of dilemma. For this reason, if you are trying to make decisions of trading based on information or market trends then you must be cautious in making decisions based on reliable news and reliable market trends. However, news trading is not always important. Sometimes, a trader can make decisions by analyzing essential market behaviors or conducting technical and fundamental analysis.

R for Data Science: Import, Tidy, Transform, Visualize, and Model Data

Learn how to use R to turn raw data into insight, knowledge, and understanding. This book introduces you to R, RStudio, and the tidyverse, a collection of R packages designed to work together to make data science fast, fluent, and fun. Suitable for readers with no previous programming experience, R for Data Science is designed to get you doing data science as quickly as possible.

Authors Hadley Wickham and Garrett Grolemund guide you through the steps of importing, wrangling, exploring, and modeling your data and communicating the results. You’ll get a complete, big-picture understanding of the data science cycle, along with basic tools you need to manage the details. Each section of the book is paired with exercises to help you practice what you’ve learned along the way.

Numerical Analysis for Statisticians (Statistics and Computing)
by Kenneth Lange

Every advance in computer architecture and software tempts statisticians to tackle numerically harder problems. To do so intelligently requires a good working knowledge of numerical analysis. This book equips students to craft their own software and to understand the advantages and disadvantages of different numerical methods. Issues of numerical stability, accurate approximation, computational complexity, and mathematical modeling share the limelight in a broad yet rigorous overview of those parts of numerical analysis most relevant to statisticians. In this second edition, the material on optimization has been completely rewritten. There is now an entire chapter on the MM algorithm in addition to more comprehensive treatments of constrained optimization, penalty and barrier methods, and model selection via the lasso. There is also new material on the Cholesky decomposition, Gram-Schmidt orthogonalization, the QR decomposition, the singular value decomposition, and reproducing kernel Hilbert spaces. The discussions of the bootstrap, permutation testing, independent Monte Carlo, and hidden Markov chains are updated, and a new chapter on advanced MCMC topics introduces students to Markov random fields, reversible jump MCMC, and convergence analysis in Gibbs sampling. Numerical Analysis for Statisticians can serve as a graduate text for a course surveying computational statistics. With a careful selection of topics and appropriate supplementation, it can be used at the undergraduate level. It contains enough material for a graduate course on optimization theory. Because many chapters are nearly self-contained, professional statisticians will also find the book useful as a reference. Kenneth Lange is the Rosenfeld Professor of Computational Genetics in the Departments of Biomathematics and Human Genetics and the Chair of the Department of Human Genetics, all in the UCLA School of Medicine. His research interests include human genetics, population modeling, biomedical imaging, computational statistics, high-dimensional optimization, and applied stochastic processes. Springer previously published his books Mathematical and Statistical Methods for Genetic Analysis, 2nd ed., Applied Probability, and Optimization. He has written over 200 research papers and produced with his UCLA colleague Eric Sobel the computer program Mendel, widely used in statistical genetics.