Stocks & Commodities V. 29:10 (54-57): PRODUCT REVIEW: Market Cycle Dynamics by Dennis D Peterson

Stocks & Commodities V. 29:10 (54-57): PRODUCT REVIEW: Market Cycle Dynamics by Dennis D Peterson
Item# 167PRMARPDF
$2.95
Availability: In Stock

Product Description

PRODUCT REVIEW: Market Cycle Dynamics by Dennis D Peterson

Market Cycle Dynamics software for MetaStock (Mcd) is the creation of David Knox Barker and is based on years of cycle research. Barker studied cyclist P.Q. Wallís methods and discussed cycles with him for many years, but has gone beyond Wall for finding price targets. Wall would have developed price targets by dividing a prior price range into equidistant thirds. Barker makes extensive use of Fibonacci ratios to find pricing targets. Mcd is basically a standalone product but uses MetaStock 11 for quotes. Itís not the typical plug-in product because thereís some explanation needed for installation, but letís get to the good stuff.

Mcd uses a three-pronged approach to analyze market behavior. It attempts to predict price (Fibonacci based) and time targets (based on Kondratieff, Kitchin, and Wall cycles) along with generating buy/sell signals. The buy/sell signals come from Barkerís choice for sentiment: the stochastic oscillator. Compared to price and time prediction, the use of the stochastic oscillator for sentiment is straightforward. The preferred choice for daily %K periods is a Fibonacci number, such as 8, 13, or 21. Price and time targets need some explanation, and it should also be said that Barker has found that large-cap, high-volume equities work best. The other two approaches need more explanation, so letís start with pricing targets.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order