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Re: Looking for book on Indicators



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Zane:

There are many many books on this subject.  While "Technical Analysis From
A to Z" is very terse, it has just about everything you need to get
started. Look up the interpretation of the indicators in either the on-line
help or in the manual.  If you live near a big city public library or near
a university library or a large bookstore, visit them and look at their
holdings.

The use of indicators is a very personal thing.  While there are almost
always several indicators that give the same kind of signal, any one person
might prefer one of them over the others.  Try them out, put 2 or 3 on a
single chart.

Lionel Issen

At 08:26 PM 1/31/98 -0600, diamond wrote:
>I am looking for a book that will give me a *complete understanding* of
>technical indicators. TECHNICAL ANALYSIS FROM A TO Z is fine, but it does
>not go into depth on each indicator. I want a over all comparison of
>indicators, their uses, their strengths and weaknesses, etc. My MetaStock
>has so many indicators, it's confusing. Take for example volume. Do I use
>ROC, OBV, Volume Oscillator, PVT??? I have looked and tried all of these,
>but I still don't know which one is for what market, or what they are best
>or worst for. Which ones work best in a trending market? Which ones work
>best in a trading market? How much weight should you put on their signals
>under what conditions? And, it's not just volume I am talking about. I want
>to learn the uses off all indicators in my MetaStock
>
>Are there any books that cover such a subject? It so, please post. 
>
>Thank You
>Zane Kori
>
>
>