Walt Bressert’s new book, THE POWER OF OSCILLATOR/CYCLE COMBINATIONS, is one of the best I’ve read in a long time. The book begins with a crisp and clear review of cyclic concepts, a subject for which Walt has long been recognized as a leading expert. The main message of the book, however, deals with using cyclic concepts of market behavior to enhance the performance of several popular oscillator techniques including RSI, Stochastics, MACD, and the Commodity Channel Index.
Oscillator analysis has become especially popular with futures traders. One of the major drawbacks, however, is the problem of filtering out the bad trading signals and to bring into play the concepts of trend. Bressert demonstrates how the incorporation of cycles analysis greatly enhances the accuracy and the value of oscillator signals. He also suggests a three-dimensional approach to trading which uses longer range analysis as an integral part of short-term trading decisions.
Because of its unique application of cyclic concepts to the problem of oscillator interpretation, Walt Bressert’s new book is must reading for those traders who struggle with the never-ending question of which oscillator signals to follow and which ones to ignore. Bressert’s new book should be read by all traders who utilize oscillators in their trading approach.
Contents of Power of Oscillator/Cycle Combinations
1. Focus On Cycles
2. Technical Tools With Cycles
3. Focus On Oscillators
4. Finding Cycles With Centered Detrending
5. The Detrend as an Oscillator
6. Detrending Oscillators
7. 3-Dimensional Analysis
8. The Primary Cycle in Gold
9. Moving Average Convergence/Divergence (MACD)
10. Relative Strength Index (RSI)
11. Commodity Channel Index (CCI)
12. The Stochastic
13. The 3-10 Oscillator
14. Trading and Money Management
File Size: 9.986KB
File Type: pdf