Stocks & Commodities V. 26:5 (64-66): Product Review: Market Technician by Dennis D. Peterson

Stocks & Commodities V. 26:5 (64-66): Product Review: Market Technician by Dennis D. Peterson
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Product Description

Product Review: Market Technician by Dennis D. Peterson

Market Technician is a website for traders interested in market timing analysis. Since John Bollinger is the creator of this site, it is more than a safe bet that this is something unique and useful.

You basically choose an indicator, apply it to a time series and then see if it trades or predicts well for the same or different time series. For example, you could ask, If I were to use a volume index based on the NYSE Composite, would it trade or predict the NYSE Composite or perhaps trade or predict the Standard & Poors 500 even better? You can perform an analysis using 26 different time series, predominantly indexes, ranging from the familiar Dow Jones Industrial Average to the lesserknown AMEX Gold Bugs Index. A range of indicators are available such as the moving average convergence/divergence (MACD) or the volume index.

While you might argue that the variety of indexes is unique for a single website, the even more exciting feature of this site is the manner in which the indicators are evaluated.

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