Intermarket Trading Strategies

ISBN-13: 9780470758106 / Angielski / Twarda / 2009 / 352 str.

Markos Katsanos

Opis

This book shows traders how to use Intermarket Analysis to forecast future equity, index and commodity price movements. It introduces custom indicators and Intermarket based systems using basic mathematical and statistical principles to help traders develop and design Intermarket trading systems appropriate for long term, intermediate, short term and day trading. The metastock code for all systems is included and the testing method is described thoroughly. All systems are back tested using at least 200 bars of historical data and compared using various profitability and drawdown metrics.

Spis treści

Acknowledgments.

Introduction.

PART I.

1 Intermarket Analysis.

2 Correlation.

3 Regression.

4 International Indices and Commodities.

5 The S&P 500.

6 European Indices.

7 Gold.

8 Intraday Correlations.

9 Intermarket Indicators.

PART II.

10 Trading System Design.

11 A Comparison of Fourteen Technical Systems for Trading Gold.

12 Trading the S&P 500 ETF and the e–mini.

13 Trading DAX Futures.

14 A Comparison of a Neural Network and a Conventional System for Trading FTSE Futures.

15 The Use of Intermarket Systems in Trading Stocks.

16 A Relative Strength Asset Allocation Trading System.

17 Forex Trading Using Intermarket Analysis.

18 Conclusion.

Appendix A MetaStock Code and Test Specifications.

Appendix B Neural Network Systems.

Appendix C Rectangles.

Glossary.

Bibliography.

Index.

O autorze

Markos Katsanos is an expert in technical analysis and trading systems and inventor of two new technical indicators. In showing the relationship of volume to price movement, his Finite Volume Element (FVE) and Volume Flow (VFI) Indicators have become popular tools used by traders and the code was incorporated in almost all Technical Analysis and trading software. He has a Bachelors degree in Civil Engineering and a Masters degree in Structural Engineering, and is a member of the Technical Securities Analysts Association of San Francisco (TSAASF). He has traded stocks and commodities since 1987, starting with fundamental analysis. With his engineering training he quickly gravitated to technical analysis of the market. With more than two decades of experience in computerized analysis of stocks and futures, he has spent years refining his methods to come up with some of the most profitable strategies for choosing trades. He specializes in mechanical systems and has constructed dozens of systems for his clients and his own use. Markos Katsanos has contributed several articles to Technical Analysis of Stocks & Commodities and other financial publications. He is currently in the process of setting up his own financial consulting company.

Blurb

"When I started my research on intermarket analysis in the early 90s, there were only very few analysts active in this field. John Murphy was the first to introduce Intermarket relationships and I was the first to publish mechanical trading strategies using them. Others have followed up over the years but with very little original research. This is the first book I have seen in years with new material, ideas and trading systems that helps advance the field of Intermarket analysis. I have read many books and articles during my career and I think that this book is one of the best on the subject and it will become a great reference for applications of Intermarket analysis and especially trading system development in today′s volatile markets."
Murray Ruggiero, Vice President of Research and Development of TradersStudio software, contributing editor of Futures Magazine and author of several books on trading systems and Intermarket analysis

"It is clear from reading Intermarket Trading Strategies that Markos Katsanos has combined technical competence with common sense to bring a breath of fresh air to active investors. His examples are timely and well thought out, reflecting an awareness of our high–risk environment. He understands and explains the important principles underlying successful trading and offers his solutions. I can highly recommend it."
Perry Kaufman, trader and author of The New Trading Systems and Methods

"Before designing a trading system, it is absolutely necessary to gain a deep understanding of the markets. Markos Katsanos does an excellent job of explaining the relationships between different markets through the use of statistical tools, which he does in clear and simple language. Readers of this notable book will be better able to create trading systems that can conquer any market."
Jayanthi Gopalakrishnan, editor of Technical Analysis of Stocks & Commodities magazine