{"product_id":"cybernetic-trading-strategies-isbn-9780471149200","title":"Cybernetic Trading Strategies","description":"\"The computer can do more than show us pretty pictures. [It] canoptimize, backtest, prove or disprove old theories, eliminate thebad ones and make the good ones better. Cybernetic TradingStrategies explores new ways to use the computer and finds ways tomake a valuable machine even more valuable.\" --from the Foreword byJohn J. Murphy.\u003cbr\u003e \u003cbr\u003e Until recently, the computer has been used almost exclusively as acharting and data-gathering tool. But as traders and analysts havequickly discovered, its capabilities are far more vast. Now, inthis groundbreaking new book, Murray Ruggiero, a leading authorityon cybernetic trading systems, unlocks their incredible potentialand provides an in-depth look at the growing impact of advancedtechnologies on intermarket analysis. A unique resource, CyberneticTrading Strategies provides specific instructions and applicationson how to develop tradable market timing systems using neuralnetworks, fuzzy logic, genetic algorithms, chaos theory, andmachine induction methods.\u003cbr\u003e \u003cbr\u003e Currently utilized by some of the most powerful financialinstitutions in the world--including John Deere and FidelityInvestments--today's advanced technologies go beyond subjectiveinterpretations of market indicators to enhance traditionalanalysis. As a result, existing trading systems gain a competitiveedge. Ruggiero reveals how \"incorporating elements of statisticalanalysis, spectral analysis, neural networks, genetic algorithms,fuzzy logic, and other high-tech concepts into a traditionaltechnical trading system can greatly improve the performance ofstandard trading systems.\" For example: spectral analysis can beused to detect when a market is trending earlier than classicalindicators such as ADX.\u003cbr\u003e \u003cbr\u003e Drawing on his extensive research on market analysis, Ruggieroprovides an incisive overview of cyber-systems--systems that, whenapplied correctly, can increase trading returns by as much as 200%to 300%. The author covers a wide range of important topics,examining classical technical analysis methodologies and seasonaltrading, as well as statistically based market prediction and themechanization of subjective methods such as candlestick charts andthe Elliott Wave. Precise explanations and dozens of real-worldexamples show you how to:\u003cbr\u003e * Incorporate advanced technologies into classical technicalanalysis methodologies.\u003cbr\u003e * Identify which of these technologies have the most marketapplicability.\u003cbr\u003e * Build trading systems to maximize reliability and profitabilitybased on your own risk\/reward criteria.\u003cbr\u003e \u003cbr\u003e Most importantly, Cybernetic Trading Strategies takes you step bystep through system testing and evaluation, a crucial step forcontrolling risk and managing money.\u003cbr\u003e \u003cbr\u003e With up-to-date information from one of the field's leadingauthorities, Cybernetic Trading Strategies is the definitive guideto developing, implementing, and testing today's cutting-edgecomputer trading technologies.Ein Überblick über die aktuellsten Technologien zum Aufbau einer Handelsstrategie: neuronale Netzwerke, genetische Algorithmen, Expertensysteme, Fuzzy logic und statistische Mustererkennung. Gezeigt wird, wie diese neuen Methoden in klassische Analysenverfahren integriert werden können. Auch Erläuterungen zur Prüfung und Bewertung existierender Systeme kommen nicht zu kurz. Partial table of contents:\u003cbr\u003e \u003cbr\u003e CLASSICAL MARKET PREDICTION.\u003cbr\u003e \u003cbr\u003e Classical Intermarket Analysis as a Predictive Tool.\u003cbr\u003e \u003cbr\u003e Seasonal Trading.\u003cbr\u003e \u003cbr\u003e Trading Using Technical Analysis.\u003cbr\u003e \u003cbr\u003e The Commitment of Traders Report.\u003cbr\u003e \u003cbr\u003e STATISTICALLY BASED MARKET PREDICTION.\u003cbr\u003e \u003cbr\u003e A Trader's Guide to Statistical Analysis.\u003cbr\u003e \u003cbr\u003e Cycle-Based Trading.\u003cbr\u003e \u003cbr\u003e Using Statistical Analysis to Develop Intelligent Exits.\u003cbr\u003e \u003cbr\u003e Using System Feedback to Improve Trading System Performance.\u003cbr\u003e \u003cbr\u003e MAKING SUBJECTIVE METHODS MECHANICAL.\u003cbr\u003e \u003cbr\u003e How to Make Subjective Methods Mechanical.\u003cbr\u003e \u003cbr\u003e Building the Wave.\u003cbr\u003e \u003cbr\u003e TRADING SYSTEM DEVELOPMENT AND TESTING.\u003cbr\u003e \u003cbr\u003e Developing a Trading System.\u003cbr\u003e \u003cbr\u003e Testing, Evaluating, and Trading a Mechanical TradingSystem.\u003cbr\u003e \u003cbr\u003e USING ADVANCED TECHNOLOGIES TO DEVELOP TRADING STRATEGIES.\u003cbr\u003e \u003cbr\u003e Developing a Neural Network Based on Standard Rule-BasedSystems.\u003cbr\u003e \u003cbr\u003e Using Genetic Algorithms for Trading Applications.\u003cbr\u003e \u003cbr\u003e References and Readings.\u003cbr\u003e \u003cbr\u003e Index. MURRAY A. RUGGIERO, JR. develops marketing timing systems using advanced technologies. Previously, he was a vice president with Promised Land Technologies, Inc., and the inventor of a patented method for embedding a neural network into a spreadsheet. He has been researching advanced technologies since 1988 and was featured in BusinessWeek as one of the leading experts using neural networks in finance and investing. Mr. Ruggiero has been contributing editor to Futures magazine since June 1994 and has a monthly column, \"Trading and Technology.\"  \"The computer can do more than show us pretty pictures. [It] can optimize, backtest, prove or disprove old theories, eliminate the bad ones and make the good ones better. Cybernetic Trading Strategies explores new ways to use the computer and finds ways to make a valuable machine even more valuable.\" —from the Foreword by John J. Murphy.  \u003cp\u003eUntil recently, the computer has been used almost exclusively as a charting and data-gathering tool. But as traders and analysts have quickly discovered, its capabilities are far more vast. Now, in this groundbreaking new book, Murray Ruggiero, a leading authority on cybernetic trading systems, unlocks their incredible potential and provides an in-depth look at the growing impact of advanced technologies on intermarket analysis. A unique resource, Cybernetic Trading Strategies provides specific instructions and applications on how to develop tradable market timing systems using neural networks, fuzzy logic, genetic algorithms, chaos theory, and machine induction methods.\u003c\/p\u003e \u003cp\u003eCurrently utilized by some of the most powerful financial institutions in the world—including John Deere and Fidelity Investments—today's advanced technologies go beyond subjective interpretations of market indicators to enhance traditional analysis. As a result, existing trading systems gain a competitive edge. Ruggiero reveals how \"incorporating elements of statistical analysis, spectral analysis, neural networks, genetic algorithms, fuzzy logic, and other high-tech concepts into a traditional technical trading system can greatly improve the performance of standard trading systems.\" For example: spectral analysis can be used to detect when a market is trending earlier than classical indicators such as ADX.\u003c\/p\u003e \u003cp\u003eDrawing on his extensive research on market analysis, Ruggiero provides an incisive overview of cyber-systems—systems that, when applied correctly, can increase trading returns by as much as 200% to 300%. The author covers a wide range of important topics, examining classical technical analysis methodologies and seasonal trading, as well as statistically based market prediction and the mechanization of subjective methods such as candlestick charts and the Elliott Wave. Precise explanations and dozens of real-world examples show you how to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eIncorporate advanced technologies into classical technical analysis methodologies.\u003c\/li\u003e \u003cli\u003eIdentify which of these technologies have the most market applicability.\u003c\/li\u003e \u003cli\u003eBuild trading systems to maximize reliability and profitability based on your own risk\/reward criteria.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eMost importantly, Cybernetic Trading Strategies takes you step by step through system testing and evaluation, a crucial step for controlling risk and managing money.\u003c\/p\u003e \u003cp\u003eWith up-to-date information from one of the field's leading authorities, Cybernetic Trading Strategies is the definitive guide to developing, implementing, and testing today's cutting-edge computer trading technologies.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989018984677,"sku":"NP9780471149200","price":100.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471149200.jpg?v=1761782459","url":"https:\/\/k12savings.com\/products\/cybernetic-trading-strategies-isbn-9780471149200","provider":"K12savings","version":"1.0","type":"link"}