New Concepts in Technical Trading Systems

Positive Review of Book

You'd have to appreciate that nearly every method or tool in this book is almost common knowledge. RSI, ADX, DMI, Parabolic, volatility breakouts, pivot point reversals and so forth are all commonly used nowadays. However, back in 1978 when it was hand calculated and charted. Wilder probably had no idea how revolutionary his work has become.

Negative Review of Book

This expensive book has little to offer even for beginning technician, let alone those who are familiar with various oscillators already. It's very thin and has little to teach you.

Author Biography

J. Welles Wilder Jr. is an American mechanical engineer, best known for his work in Technical analysis. Welles Wilder is the father of several technical indicators, that are now considered to be core indicators in technical analysis software. These include Average True Range, the Relative Strength Index (RSI), Average Directional Index, and the Parabolic SAR. Wilder, J. Welles (June 1978). New Concepts in Technical Trading Systems. Trend Research.

Table of Contents

1. SECTION 1
• Basics
• The Missing Part of Most Trading Plans
2. SECTION II
• The Parabolic System
3. SECTION III
• The Volatility Index
• The Folatility System
4. SECTION IV
• The Directional Movement Concept
• The Directional Movement System
5. SECTION V
• The Momentum Concept
• The Trend Balance Point System
6. SECTION VI
• The Relative Strength Index
7. SECTION VII
• The Reaction Trend System
8. SECTION VIII
• The Swing Index
• The Swing Index System
9. SECTION IX
• The Commodity Selection Index
10. SECTION X
• Capital Management
• Conclusion

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