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Try not to get too hung up on indicator A or indicator B and how they
work. Instead try to learn how to invest / trade. Over time you will
begin to look at the broad picture. One of the classics that I have just
started to read is "technical analysis of stock market trends"
(something like that) by Edwards and Magee. If I have the title wrong I
am sure someone will correct me and I am sure others will agree this is
a very helpful book to read.
Harley
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
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