Quantitative Technical Analysis: An integrated approach to trading system development and trading management
$79.00 Original price was: $79.00.$25.65Current price is: $25.65.
This book, the fifth by Dr. Howard Bandy, discusses an integrated approach to trading system development and trading management.
Quantitative Technical Analysis: An integrated approach to trading system development and trading management
This book, the fifth by Dr. Howard Bandy, discusses an integrated approach to trading system development and trading management.
It begins with a discussion and quantification of the several aspects of risk.
1. The trader’s personal tolerance for risk.
2. The risk inherent in the price fluctuations of the issue to be traded.
3. The risk added by the trading system rules.
4. The trade-by-trade risk experienced during trading.
An original objective function, called “CAR25,” based on risk-normalized profit potential is developed and explained. CAR25 is as near a universal objective function as I have found.
The importance of recognizing the non-stationary characteristics of financial data, and techniques for handling it, are discussed.
There is a general discussion of trading system development, including design, testing, backtesting, optimization, and walk forward analysis. That is followed by two parallel development paths — one using traditional trading system development platform and the second machine learning.
Recognizing the importance of position sizing in managing trading, an original technique based on empirical Bayesian analysis, called “dynamic position sizing” and quantified in a metric called “safe-f,” is introduced. Computer code implementing dynamic position sizing is included in the book.
56 fully disclosed, ready-to-run, and downloadable programs are included.
Review
I have 4 of Howard’s books on my bookshelf, ‘Quantitative Technical Analysis’ being the latest addition. This book is rich with instruction, and where Howard’s does things differently than I do, his concise explanations and logical descriptions always challenge my thinking. For example, in the book Howard discusses Cross Validation, something I have never attempted, but will now. And that is just one example, as Howard covers a lot of ground in this book. Thank you Howard, for once again significantly adding to the body of trading system knowledge. – Kevin Davey, full time trader, author “Building Winning Algorithmic Trading Systems”
Get Download Quantitative Technical Analysis: An integrated approach to trading system development and trading management Right Now!
Q & A
Ask a question
Your question will be answered by a store representative or other customers.
Thank you for the question!
Your question has been received and will be answered soon. Please do not submit the same question again.
Error
An error occurred when saving your question. Please report it to the website administrator. Additional information:
Add an answer
Thank you for the answer!
Your answer has been received and will be published soon. Please do not submit the same answer again.
Error
An error occurred when saving your answer. Please report it to the website administrator. Additional information:
Related products
Stock Forex Options - Trading
Elliott Wave Ultimate (A Must Have Blueprint For Professional Trading Success)
Stock Forex Options - Trading
Stock Forex Options - Trading
Stock Forex Options - Trading
Stock Forex Options - Trading
Stock Forex Options - Trading
Stock Forex Options - Trading
Stock Forex Options - Trading
Reviews
There are no reviews yet