DESCRIPTION

(From The Jacket) - In "Cybernetic Analysis For Stocks And Futures", technical trading pioneer John Ehlers demonstrates profoundly effective new trading tools through the application of modern digital signal processing techniques. Obtaining accurate cycle measurements within five samples with virtually zero lag, these tools have proven in real-time use to consistently provide traders with razor-sharp buy and sell signals in virtually any market--meeting or exceeding the performance of commercial systems which cost hundreds or even thousands of dollars.

To increase the book's functionality and ease of use, each new technique, indicator, and automatic trading system is defined in both EasyLanguage code (for use in TradeStation) and eSignal Formula script (EFS) code. DLLs to work with NeuroShell Trader are also available. Modernizing popular trading procedures to take advantage of the incredible computing speed and power available to today's trader, Ehlers introduces:

• The Fisher Transform--ensure that the density function of any indicator is Gaussian, creating sharper trading signals
• The Relative Vigor Index--a responsive oscillator in which movement is normalized to the trading range of each bar
• Improved Hilbert Transform--a more responsive method to accurately measure market cycles
• The Sineware Indicator--a non-causal filter that gives entry and exit signals 1/16 of a cycle period in advance of the turning point
• The Laguerre Transform--a new tool to address the smoothing versus lag problem more effectively and create better smoothing filters
• Super Smoothing Filters--provide more smoothing with less lag
• Simple Moving Average Computations--two new ways to compute the simple moving average with unprecedented ease

Advances made in computer technology in the past two decades have clearly outpaced advances in trading software and practice. "Cybernetic Analysis For Stocks And Futures" seeks to restore the balance between computational power and user proficiency. Combining new indicators with tested systems for forecasting stock and futures markets with surgical precision, it will drive your systems to new levels of predictive accuracy, trading effectiveness, and overall profitability.

TABLE OF CONTENTS

• Chapter 1 - The Fisher Transform
• Chapter 2 - Trends And Cycles
• Chapter 3 - Trading The Trend
• Chapter 4 - Trading The Cycle
• Chapter 5 - The CG Oscillator
• Chapter 6 - Relative Vigor Index
• Chapter 7 - Oscillator Comparison
• Chapter 8 - Stochasticization And Fisherization Of Indicators
• Chapter 9 - Measuring Cycles
• Chapter 10 - Adaptive Cycle Indicators
• Chapter 11 - The Sinewave Indicator
• Chapter 12 - Adapting To The Trend
• Chapter 13 - Super Smoothers
• Chapter 14 - Time Warp--Without Space Travel
• Chapter 15 - Evaluating Trading Systems
• Chapter 16 - Leading Indicators
• Chapter 17 - Simplifying Simple Moving Average Computations