Quantitative Trading & Money Management - Technical Analysis, Inc.
Applying the Latest Momentum Indicators for Technical Analysis
"Momentum" in Momentum, Direction and Divergence should rightfully be spelled out in capital letters, for this is
truly the foundation on which this book was built. The thesis, as expounded by author and STOCKS &
COMMODITIES contributor William Blau, is that the momentum of a security, when properly massaged, can be
used as a determinant for when to trade and, more important, when not to trade. Blau's explanation of why and how
this is the case, through the application of double smoothing the momentum to create his indicators, is the heart of