Cybernetic Analysis for Stocks and Futures

Cybernetic analysis is the art of predicting the market based on tested systems. In Cybernetic Analysis for Stocks and Futures, noted technical analyst John Ehlers continues where he left off in his previous book Rocket Science for Traders. Praise for Cybernetic Analysis for Stocks and Futures "If John Ehlers writes it, I read it. He’s that brilliant." ––Larry Williams trader and author of Commodity Timing "Cybernetic Analysis is a treasure of new and innovative ideas. John Ehlers has put aside the traditional mathematics of cycles and written a totally readable, thought-provoking, and user-friendly book on new indicators and trading methods. I particularly liked his work on the Fisher Transform, probability distributions, and true lag, which are a great contribution. This is a must for all analysts." ––Perry Kaufman author of Trading Systems and Methods and A Short Course in Technical Trading "John Ehlers ranks with Art Merrill as the best quantitative technical analyst of the twentieth and, probably, the twenty-first century. The success of his insight–employing digital signal analysis–is fully demonstrated in this volume, a worthy addition to his earlier, Rocket Science for Traders. For substantive, fully disclosed techniques you can use every day, this material is the best there is." ––John Sweeney former editor of Technical Analysis of Stocks & Commodities magazine Breakthrough Trading Tools–and Updated Applications–for Dramatically Increased Forecasting Accuracy in Every Market Over the past two decades, John Ehlers has built a worldwide following with his unprecedented ability to combine the scientific knowledge of an engineer with the instincts of a top trader. In Cybernetic Analysis for Stocks and Futures, Ehlers–author of the groundbreaking Rocket Science for Traders–introduces serious traders to all-new methods for applying digital signal processing techniques to market forecasting. Let Ehlers’s latest book show you how to: Obtain accurate cycle measurement within five samples Make indicators adaptive to market conditions using the measured cycle period Sharpen market turning points by manipulating the Probability Distribution Function using the Fisher Transform Discern the onset of trend modes and cycle modes Generate dependable buy and sell signals in any market Cybernetic Analysis for Stocks and Futures combines all-new indicators with innovative uses of proven indicators to give you that rare edge that makes trading more pleasurable and profitable, in virtually every market and environment. Cutting-edge insight from the leader in trading technology In Cybernetic Analysis for Stocks and Futures, noted technical analyst John Ehlers continues to enlighten readers on the art of predicting the market based on tested systems. With application of his engineering expertise, Ehlers explains the latest, most advanced techniques that help traders predict stock and futures markets with surgical precision. Unique new indicators and automatic trading systems are described in text as well as Easy Language and EFS code. The approaches are universal and robust enough to be applied to a full range of market conditions. John F. Ehlers (Santa Barbara, CA) is President of MESA Software () and has also written Rocket Science for Traders (0-471-40567-1) as well as numerous articles for Futures and Technical Analysis of Stocks & Commodities magazines.