this window when you've finished.....
(with an Australian bias)
Equis' recommendations on various aspects of Technical Analysis
|Bauer, Richard J. & Dahliquist, Julie R.
||Technical market indicators. Analysis &
||John Wiley & Sons, Inc. NY. 1999.
|A reasonably unbiased study of the performance
of 60 different technical analysis indicators mostly summarised in the form of tables.
|Colby, Robert W.; & Meyers, Thomas A.
||The Encyclopedia of Technical Market Indicators
||Down Jones-Irwin; Homewood, IL 1988.
||Excellent overview including more esoteric techniques
such as by Bradley, for example.
|Cork, David & Lightstone, Susan.
||The pig in the python
||Prima Publishing, 1998. Rocklin, CA.
ISBN 0 7615 1275 6
|Subtitle: How to prosper from the aging baby-boom.
A good read which puts a useful focus on "stock picking". American but
||Trading in the Zone
||NY Institute of Finance, NY. 2000. ISBN 0 7352-0144-7
||Subtitle: Master the Market wih Confidence,
Discipline and a winning attitude. Although you could be forgiven for concluding
from this subtitle that this book is probably bit suspiciously close to wanky, it
is simply one of the best I've ever read on the psychology of trading.
||Australian stock market investor
||Allen & Unwin, 1997. Syd.
ISBN 1 86448 614 7
|Good introduction to the markets, focussed on
Oz. Deals with fundamental analysis as well as elementary TA. Also risk-return, options
etc. A bit optimistic.
|Francis, Jack Clark
||Management of Investments
||McGraw-Hill, Internat. Edition, 1993, NY, Singapore.
||A Thorough exposition of investment theories
with lots of examples. Well organised, easy to find your way around and not too esoteric.
||Wrightbooks Pty Ltd 1999. Elsternwick, Vic.
ISBN 1 876627 13 1
|Daryl's a trader with a major interest in Australian
mining stocks. Sometimes inciteful description on understanding herds/crowds. Covers
||Wrightbooks Pty Ltd 2000. Elsternwick, Vic.
ISBN 1 876627 36 0
|Dispite the general title the book mainly focusses
on the trading of warrants; there's very little on options and nothing on futures.
Still a good read with techniques application to anything that can be shorted.
||Technical Analysis of the Financial Markets
||NY Institute of Finance, NY. 1999. ISBN 0 7352-0066-1
||An easy read comprehensive introduction to technical
analysis from the fundamentals through trend and price patterns, analysis methods
such as moving averages and oscillators with somesound elementary money management
and trading tactics techniques.
|Peters, Edgar E.
||Chaos and order in the capital markets
||John Wiley & Sons, Inc. NY. 1991.
|Subtitle: A new view of Cycles, Prices and market
volatility. A good introduction to the application of chaos theory to understanding
market action. Readable but profound. Relevant to all markets.
||Understanding the stock exchange
||Information Australia. Melb.
1989. (3rd edition)
ACN 006 042 173
|That's the Australian Stock Exchange (ASX).
A BRW business library recommendation. Well written if a bit dull. An excellent index
for quick referencing.
|Taleb, Nassim Nicholas.
||Fooled By Randomness
||Textere LLC, NY, 2001.
|Subtitle: The Hidden Role of Chance in the Markets
and in Life. This book is about luck and how luck can be mistaken for skill. Written
by a self-opinionated options trader with many years of trading experience, he doesn't
suffer fools lightly, including his own occasional slips into self-delusion about
the vagaries of the Goddess Fortuna. Many interesting and useful ideas about how
not to 'blow-up' your trading bank. Actually very perceptive.
The following books were used by
the Equis Corporation for the Interpretation of Indicators and Line Studies chapter
of the Metastock manual.
Equis also recommends these books to those needing additional information on technical
For additional information on books, videos, software and other educational materials,
check out the EQUISDirect catalog on their web site at http://www.equis.com.
Achelis, Steven B. Technical Analysis from A to Z. Chicago, IL: Probus Publishing
Written by the president and founder of Equis International. This book contains an
introduction to technical analysis, plus a complete reference to over 100 indicators
A thorough look at moving average trading systems, timing market cycles, the 12-day
Appel, Gerald and Hitschler, Fred. Stock Market Trading Systems. Homewood,
IL: Dow Jones-Irwin, 1980.
The MACD from its creator.
Appel, Gerald. The Moving Average Convergence-Divergence Method. Great Neck,
NY: Signalert, 1979.
Equivolume charting method, volume cycles, and the ease of movement indicator.
Arms, Richard W., Jr. Volume Cycles in the Stock Market. Salt Lake City, UT:
Equis International, Inc., 1994.
Explains the Black/Scholes option calculations used in MetaStock.
Bookstaber, Richard. The Complete Investment Book. Glenview, Illinois: Scott,
Foresman and Company, 1985.
A book describing a new statistically- based breed of price-based, and risk control
Chande, Tushar S and Stanley Kroll. The New Technical Trader. New York: Wiley,
Cohen, A.W. How To Use The Three-Point Reversal Method of Point & Figure Stock
Market Trading. Larchmont, NU: Chartcraft, 1984.
A detailed book on point & figure chart interpretation.
Dobson, Edward D. Understanding Fibonacci Numbers. Greenville, SC: Traders Press,
A brief overview of Fibonacci numbers. Contains an extensive bibliography.
Edwards, Robert D. and Magee, John. Technical Analysis of Stock Trends. Sixth Edition.
Boston, MA: John Magee, Inc., 1992. (Distributed by New York Institute of Finance.)
Explains trendlines and chart patterns.
Eng, William F. The Technical Analysis of Stocks, Options, & Futures. Chicago,
IL: Probus Publishing,1988.
Granville, Joseph E. New Strategy of Daily Stock Market Timing for Maximum Profit.
Englewood Cliffs, NJ: Prentice-Hall, 1976.
A book from the inventor of On Balance Volume. Mr. Granville has earned a bearish
reputation, but his technical tools remain valid.
Kaufman, Perry J. Commodity Trading Systems and Methods. New York: Wiley, 1978.
A serious book for the serious technician. While not required, a strong background
in mathematics is helpful when reading this book.
Lebeau, Charles, and David Lucas. Technical Trader's Guide to Computer Analysis of
the Futures Market. Homewood, IL: Business One Irwin, 1991.
An excellent book that shows the historical performance of popular technical indicators
Leibovit, Mark A. Using the Volume Reversal Survey in Market Analysis (520-282-1275).
This pamphlet provides information on some of the pattern finding functions in the
MetaStock formula language (i.e., Inside, Outside, Rally, and Reaction).
Merrill, Arthur A. Filtered Waves-Basic Theory. Chappaqua, NY: The Analysis Press,
This is an entire book about the Zig Zag indicator. It is available from: Technical
Trends. John R. McGinley, Jr., P.O. Box 792, Wilton, CT 06897
Murphy, John J. Technical Analysis of the Futures Markets. New York, NY: New York
Institute of Finance, 1986.
One of the best single sources of information on technical analysis. You don't have
to trade commodities for this book to be valuable.
Natenberg, Sheldon. Option Volatility and Pricing Strategies. Chicago, IL: Probus
Publishing Company, 1988.
Explains the Black/Scholes option calculations used in MetaStock.
Nison, Steven. Japanese Candlestick Charting Techniques. New York, NY: New York Institute
of Finance, 1991.
Explains how to use and interpret Candlestick charts.
Nison, Steven. Beyond Candlesticks. New York, NY: Wiley, 1994.
Explains how to use and interpret Kagi, Renko, and Three Line Break charts.
Raff, Gilbert. Trading the Regression Channel. Salt Lake City, UT. Equis International,
Explains how to trade the Regression Channel and objectively draw trendlines.
Pring, Martin J. Technical Analysis Explained. Third edition. New York, NY: McGraw-Hill,
A complete, well-written book on technical analysis. Recommended.
Wilder, J. Welles. New Concepts in Technical Trading Systems. Greensboro, NC: Trend
Explains the interpretation and calculation of about a dozen indicators including
all of the Directional Movement indicators, the Relative Strength Index, and the
Commodity Selection Index.