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Mr. J. Welles Wilder, some 20 years ago...



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Mr. J. Welles Wilder, some 20 years ago, wrote a book "New Concepts in Technical Trading Systems" Anybody using software/systems with names such as: * Parabolic System * Directional Movement System (ADX-DM+DM-) * Volatility System * Relative Strength System (RSI) is using Wilder's work, knowingly or unknowingly. It is even included free in some of Omega's Software today, and perhaps used by members of this list. I am not sure whether Mr. Wilder ever received any thanks for releasing these classics into the public domain. With respect to Mr. Wilder's ancient CTA performance, I would also direct the focus to such legends like Richard Dennis, John Henry and Mr. Niederhoffer! As the facts indicate, trading success was, and is, not always a permanent condition with any trader Horst Moehrke cta San Diego-