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Rocket science for traders
by
John Ehlers
This masterpiece of
mathematical genius, needs to be read perhaps three or four times before
the concepts can be fully understood, and as Mr Ehlers states, the maths
involved will be beyond the scope of most readers.
A highly sophisticated volume,
but none the less clearly explained if you have the patience to stick with
it.
The general theme centres
around isolating the two conditions of trending and cycle modes that occur
in markets, and convention cycle measuring techniques, such as Fast
Fourier transformers, are blown away by Ehlers new cycle identifying
formulas. He uses similar algorithms that occur in radar technology to
demonstrate, that a cycle can really be measured, AS IT HAPPENS!
Previous cycle identifiers need
many more sampling points to produce much less accurate readings. A
thorough read of this book will furnish you with many powerful new ideas
to implement into you own systems.
One useful hint however is,
that if you want to copy his formulas into your pc from the pages, then
don't waste your time because they contain errors. Instead just pay his
small fee, and download the whole code from his website. (I speak from
experience)
As well as being an electronic
and mathematical genius, he is also very helpful and fast to reply to
emails.
A Fascinating read
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