V.5:7 (233-235): The algebra of inequalities by Donald D. Bump, Ph.D.
Product Description
The algebra of inequalities by Donald D. Bump, Ph.D.
Many technical systems, simple and complex, come down to a decision based on inequality. For example, "If the 10-day moving average for today is greater than that of yesterday, go (or remain) long." The criteria for the decision can be expressed as the inequality:
If 10MA1 > 10MA2 buy (hold) long
Consider another simple system: "If the 4-day moving average penetrates the 8-day moving average in the upwards direction, go long." A decision here is indicated by:
If 4MA1 > 8MA1 then buy (hold) long
Many technical systems, simple and complex, come down to a decision based on inequality. For example, "If the 10-day moving average for today is greater than that of yesterday, go (or remain) long." The criteria for the decision can be expressed as the inequality:
If 10MA1 > 10MA2 buy (hold) long
Consider another simple system: "If the 4-day moving average penetrates the 8-day moving average in the upwards direction, go long." A decision here is indicated by:
If 4MA1 > 8MA1 then buy (hold) long
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