Become an "instant expert" in the use of popular technical studies and indicators which are on technical analysis software, such as McClellan Oscillator, Stochastics, MACD, RSI, Parabolics, CCI, and many others. This is the first comprehensive book on momentum destined to become the definitive guide to effective and proper use of Momentum destined to become the definitive guide to effective and proper use of Momentum studies and indicators. Examines the principles underlying Market Momentum and discusses the advantages and disadvantages of oscillators, how they are computed, and offers much insight into their proper and effective usage. "This Book Will Teach You, In Easily Understood, And Easily Utilized Terms": Characteristics of overbought and oversold markets -- Trend analysis using momentum indicators -- How to become an "instant expert" in the use and interpretation of Stochastics, RSI, MACD, and many other indicators -- Pros and Cons of all major oscillators. How to use technical studies and indicators effectively in your trading.
'Pring's' many fans will want to add this volume to their collection of his other fine books. Readers unfamiliar with Pring's work can use this book to begin their acquaintance with this outstanding technical writer.'
- John J Murphy
'Understanding market momentum is one of the most basic secrets to successful trading, and one concept that I would recommend every novice trader to master. Martin Pring explains in a clear and straightforward fashion not only momentum but a host of popular indicators; in addition, the reader will gain insight from the way that this veteran analyst and money manager applies those techniques.'
- Thom Hartle, Editor of Technical Analysis Of Stock Trends
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