Rating: Summary: A Valuable Resource Review: Robert Colby's book is a valuable resource for any practitioner of technical analysis, or consumer of technical analysis reports. Every TA method one is likely to encounter is explained clearly, and in detail. Colby's bent is toward the science of TA, which is both a strength and a weakness here. His book places considerable emphasis on the backtesting he has done on the TA methods presented. The results are interesting, but would have served better as material for an appendix.
Rating: Summary: The Encyclopedia of Technical Market Indicators Review: The best technical analysis and indicator encyclopedia. Comprehensive, best refernce.The only book yoy will ever need. Not a dictionary of indicator, complete analysis and trading models explained.
Rating: Summary: Good Info, but most is for stocks Review: The information presented here is decent, but if your a futures trader as I am, the indicators time frame doesn't fit trading futures. Look elsewhere if you need a book on T.A. for futures trading.
Rating: Summary: Focuses too much on indicator performance Review: This is a big fat book that devotes most of its pages to an analysis of how each indicator performs when used as a sole trading strategy. Less emphasis is given to the detailed, objective, comprehensive and comparative explanation of each indicator along with its intended usage, pitfalls etc. The book does contain some of this latter information here and there --- but not in a comparative and structured way. You'll only find a page or two devoted to the fundamental explanation of the indicator, in contrast to many more pages devoted to how it performs relative to buy-and-hold and other strategies.
Rating: Summary: A Must Own For All Serious Students Of The Market Review: This is the most comprehensive book of its kind. Just the graphs of the indicators, equity curves and market indexes are worth the price of the book. The author makes the case for the objective form of technical analysis, where indicators, trading rules, patterns and systems are well defined and testable. This is an absolute necessity for technical analysis to move out of the relm of market myth and folklore and become a disciplined observational science. Though there is always room for debate on specific methodologicial issues, there can be no debate that technical analysis must move in the direction advocated by the author Robert Colby. This book is a must own for any serious student of the market.
Rating: Summary: A Must Own For All Serious Students Of The Market Review: This is the most comprehensive book of its kind. Just the graphs of the indicators, equity curves and market indexes are worth the price of the book. The author makes the case for the objective form of technical analysis, where indicators, trading rules, patterns and systems are well defined and testable. This is an absolute necessity for technical analysis to move out of the relm of market myth and folklore and become a disciplined observational science. Though there is always room for debate on specific methodologicial issues, there can be no debate that technical analysis must move in the direction advocated by the author Robert Colby. This book is a must own for any serious student of the market.
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