{"product_id":"midas-technical-analysis-isbn-9781576603727","title":"MIDAS Technical Analysis","description":"This book provides a new, powerful twist to MIDAS technical analysis, a trading method developed by the late Paul Levine. The authors show how to employ MIDAS in trading, from recognizing set ups to identifying price targets. The book explains the basics of MIDAS before demonstrating how to apply it in different time frames. Further, it extrapolates how MIDAS can be used with other more conventional indicators, such as DeMark or moving averages. In addition to introducing new indicators that the authors have created, the book also supplies new computer codes. \u003cp\u003eIntroduction xiii\u003cbr\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eBiographical Sketch, Paul H. Levine xix\u003cbr\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAcknowledgments xxi\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I: Standard Midas Support and Resistance Curves\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 MIDAS and Its Core Constituents: The Volume Weighted Average Price (VWAP) and Fractal Market Analysis 3\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eMIDAS and Its Two Key Backdrops: VWAP and Fractal Market Analysis 4\u003c\/p\u003e \u003cp\u003eThe MIDAS Approach as a Genuine Standalone Trading System 20\u003c\/p\u003e \u003cp\u003eSummary 26\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Applying Standard MIDAS Curves to the Investor Timeframes 29\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eDefinitions of Timeframes—The Triple Screen Trading Methodology 29\u003c\/p\u003e \u003cp\u003eMIDAS Curves within the Triple Screen System 31\u003c\/p\u003e \u003cp\u003eThe Basic Behavior of the MIDAS Support\/Resistance Curves 31\u003c\/p\u003e \u003cp\u003eEquivolume Charting 32\u003c\/p\u003e \u003cp\u003eWhat Price Should Be Used? 35\u003c\/p\u003e \u003cp\u003eSupport\/Resistance Becomes Resistance\/Support 35\u003c\/p\u003e \u003cp\u003eDistinguishing an Uptrend from a Trading Range 39\u003c\/p\u003e \u003cp\u003eThe Foothill Pattern 40\u003c\/p\u003e \u003cp\u003eA Trading Range Turning into a Downtrend 41\u003c\/p\u003e \u003cp\u003eTracking a Trend with a Hierarchy of MIDAS Curves 43\u003c\/p\u003e \u003cp\u003eMIDAS S\/R Curves for Entry Setups and Triggers 46\u003c\/p\u003e \u003cp\u003eSame Launch Point, Different Timeframes 48\u003c\/p\u003e \u003cp\u003eSpecial Start Points—The Left Side 50\u003c\/p\u003e \u003cp\u003eSpecial Start Points—The Initial Public Offering (IPO) 53\u003c\/p\u003e \u003cp\u003eSpecial Starting Points—The Down Gap and Its Dead Cat Bounce 55\u003c\/p\u003e \u003cp\u003eSpecial Starting Points—The Highest R and the Lowest S 57\u003c\/p\u003e \u003cp\u003eSummary 59\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 MIDAS Support and Resistance (S\/R) Curves and Day Trading 61\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eMultiple Trend and Timeframe Analysis 62\u003c\/p\u003e \u003cp\u003ePart One: The MIDAS System as a Standalone Day Trading System 68\u003c\/p\u003e \u003cp\u003ePart Two: Using the MIDAS System alongside Other Technical Indicators 82\u003c\/p\u003e \u003cp\u003eCapturing Today’s High and Low with Standard MIDAS S\/R Curves 119\u003c\/p\u003e \u003cp\u003eSummary 120\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: The Midas Topfinder\/Bottomfinder\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The MIDAS Topfinder\/Bottomfinder on Intraday Charts 125\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eLevine’s Two Insights Governing the MIDAS Methodology 126\u003c\/p\u003e \u003cp\u003ePart One: The Quantitative Features of the TB-F Algorithm 126\u003c\/p\u003e \u003cp\u003ePart Two: The Engineering Aspect of TB-F Curves 135\u003c\/p\u003e \u003cp\u003eSummary 159\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Applying the Topfinder\/Bottomfinder to the Investor Timeframes 161\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eA Most Unusual Indicator 161\u003c\/p\u003e \u003cp\u003eThe Basic Program of the TB-F 162\u003c\/p\u003e \u003cp\u003eWhat is an Accelerated Trend? 162\u003c\/p\u003e \u003cp\u003eDiscovering the Topfinder\/Bottomfinder 163\u003c\/p\u003e \u003cp\u003eUsing the TB-F 165\u003c\/p\u003e \u003cp\u003eAn Interesting Mathematical Observation 166\u003c\/p\u003e \u003cp\u003eFitting the TB-F Curve in Chart Views Other than Equivolume 167\u003c\/p\u003e \u003cp\u003eFitting to More than One Pullback 170\u003c\/p\u003e \u003cp\u003eNested TB-Fs: The Fractal Nature of the Market 178\u003c\/p\u003e \u003cp\u003eTB-F Curves on Different Timeframes 180\u003c\/p\u003e \u003cp\u003eBottomfinders Are Sometimes Problematic 185\u003c\/p\u003e \u003cp\u003eWhat Comes after a TB-F Ends? 187\u003c\/p\u003e \u003cp\u003eSummary 188\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: The Longer-Term Horizon, Other Volume Indicators, and Broader Perspectives\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Applying MIDAS to Market Averages, ETFs, and Very Long-Term Timeframes 193\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eUsing MIDAS with the Indices—The S\/R Curves 195\u003c\/p\u003e \u003cp\u003eThe Validity of Volume Data 198\u003c\/p\u003e \u003cp\u003eUsing MIDAS with the Indices—The TB-F 201\u003c\/p\u003e \u003cp\u003eUsing Exchange-Traded Funds Instead of Market Indices 202\u003c\/p\u003e \u003cp\u003eMIDAS Applied to Long- and Very Long-Term Timeframes 205\u003c\/p\u003e \u003cp\u003eBack to 1871 209\u003c\/p\u003e \u003cp\u003eInflation Adjustment 209\u003c\/p\u003e \u003cp\u003eA Closer Look at the Very Long-Term 211\u003c\/p\u003e \u003cp\u003eThe Very Long-Term Horizontal S\/R Levels 213\u003c\/p\u003e \u003cp\u003eThe Bavarian Deer Herd 214\u003c\/p\u003e \u003cp\u003eWhat Can Be Said about the Very Long-Term Future? 215\u003c\/p\u003e \u003cp\u003eSummary 218\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 EquiVolume, MIDAS and Float Analysis 219\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Basic Principle—“Volume Leads to Volume” 219\u003c\/p\u003e \u003cp\u003eWhy Does Price Projection Work? 221\u003c\/p\u003e \u003cp\u003eThe Connection between Price Projection and the Topfinder\/Bottomfinder 223\u003c\/p\u003e \u003cp\u003eUsing Price Projection 224\u003c\/p\u003e \u003cp\u003eSteve Woods’ Float Analysis 227\u003c\/p\u003e \u003cp\u003eVolume Periodicity 230\u003c\/p\u003e \u003cp\u003eSummary 237\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Putting It All Together 239\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eTrend Following 239\u003c\/p\u003e \u003cp\u003eCalling Bottoms 249\u003c\/p\u003e \u003cp\u003eBase Breakouts 251\u003c\/p\u003e \u003cp\u003eSummary 254\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV: New Departures\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Standard and Calibrated Curves 257\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eDiscovering the Calibrated Curves 257\u003c\/p\u003e \u003cp\u003eExamples 258\u003c\/p\u003e \u003cp\u003eSummary 267\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Applying the MIDAS Method to Price Charts without Volume: A Study in the Cash Foreign Exchange Markets 269\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eMIDAS and Cash Foreign Exchange Markets 269\u003c\/p\u003e \u003cp\u003eA Comparison of the MIDAS S\/R Curves Using Cash FX Intraday Tick Data and Intraday Futures Volume Data 270\u003c\/p\u003e \u003cp\u003eA Comparison of the MIDAS Topfinder\/Bottomfinder Curves Using Cash FX\u003c\/p\u003e \u003cp\u003eIntraday Tick Data and Intraday Futures Volume Data 273\u003c\/p\u003e \u003cp\u003eOptions in the Cash Foreign Exchange Markets for Higher Timeframe Charts 275\u003c\/p\u003e \u003cp\u003eOptions 1 and 3—Replacing Cash Forex Markets with Futures Markets or Currency ETFs\/ETNs 276\u003c\/p\u003e \u003cp\u003eUsing MIDAS S\/R Curves in Markets without Volume: The Daily and Weekly Cash FX Charts 277\u003c\/p\u003e \u003cp\u003eUsing MIDAS Topfinder\/ Bottomfinder Curves in Markets without Volume: The Daily and Weekly Cash FX Charts 280\u003c\/p\u003e \u003cp\u003eSummary 283\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Four Relationships between Price and Volume and Their Impact on the Plotting of MIDAS Curves 285\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eRelationships between Price and Volume Trends and the Four Rules Affecting the Plotting of MIDAS Curves 286\u003c\/p\u003e \u003cp\u003eApplying the Rules to Applications of Standard and Nominal MIDAS S\/R Curves 290\u003c\/p\u003e \u003cp\u003eUsing Relative Strength or Ratio Analysis 294\u003c\/p\u003e \u003cp\u003eSummary 296\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 MIDAS and the CFTC Commitments of Traders Report: Using MIDAS with Open Interest Data 297\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAn Overview of Open Interest and Open Interest Data Options 298\u003c\/p\u003e \u003cp\u003eThe Orthodox Interpretation of Changes in Open Interest 299\u003c\/p\u003e \u003cp\u003eA First Look at Standard MIDAS Support\/Resistance Curves with Open Interest 300\u003c\/p\u003e \u003cp\u003ePursuing MIDAS and Open Interest More Deeply 302\u003c\/p\u003e \u003cp\u003eConcise Overview of the Commitment of Traders (COT) Report 302\u003c\/p\u003e \u003cp\u003eUnderstanding the Main Players in the Legacy Report 303\u003c\/p\u003e \u003cp\u003eIdentifying the Key Players in the COT Report 304\u003c\/p\u003e \u003cp\u003eChoosing the Appropriate Category of Open Interest 307\u003c\/p\u003e \u003cp\u003eMIDAS and Total Open Interest 308\u003c\/p\u003e \u003cp\u003eChoosing between Commercial and Noncommercial Positioning Data 312\u003c\/p\u003e \u003cp\u003eMeasuring the Market with Commercial Net Positioning Data 315\u003c\/p\u003e \u003cp\u003eMIDAS and COT Report Timing 318\u003c\/p\u003e \u003cp\u003eComparing the Commercial Net Positioning Indicators with MIDAS using Noncommercial Net Positioning Data 319\u003c\/p\u003e \u003cp\u003eAdditional Reading 327\u003c\/p\u003e \u003cp\u003eSummary 328\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Price Porosity and Price Suspension: The Causes of these Phenomena and Several Partial Solutions 331\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003ePorosity and Suspension Illustrated 332\u003c\/p\u003e \u003cp\u003eIdentifying the Cause of the Two Phenomena 333\u003c\/p\u003e \u003cp\u003eSolving the Problem of the Two Phenomena 334\u003c\/p\u003e \u003cp\u003eSummary 342\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 A MIDAS Displacement Channel for Congested Markets 345\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Problem: Mean Reversion in Sideways Markets 346\u003c\/p\u003e \u003cp\u003eThe Solution: Applying a Displacement Channel to Sideways Markets 348\u003c\/p\u003e \u003cp\u003eMIDAS Displacement Channel Methodology 349\u003c\/p\u003e \u003cp\u003eTrading Implications of the MDC 349\u003c\/p\u003e \u003cp\u003eAdditional Forecasting Implications 349\u003c\/p\u003e \u003cp\u003eAdditional Benefit: Applying the MDC to Trending Markets to Capture Swing Highs in Uptrends and Swing Lows in Downtrends 350\u003c\/p\u003e \u003cp\u003eSecond Benefit: Applying the MDC to the Problem of Price Porosity 353\u003c\/p\u003e \u003cp\u003eComparing the MDC with the Moving Average Envelope 355\u003c\/p\u003e \u003cp\u003eThe MDC in Relation to Topfinder\/Bottomfinder (TB-F) Curves 356\u003c\/p\u003e \u003cp\u003eThe MDC in Relation to the MIDAS Standard Deviation Bands 356\u003c\/p\u003e \u003cp\u003eFeatures of the MDC in Relation to other Boundary Indicators 356\u003c\/p\u003e \u003cp\u003eSummary 357\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 MIDAS and Standard Deviation Bands 359\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe MIDAS Standard Deviation Bands in Sideways Markets 360\u003c\/p\u003e \u003cp\u003eThe MIDAS Standard Deviation Bands in Uptrends and Downtrends 361\u003c\/p\u003e \u003cp\u003eBand Adjustment for Shorter Timeframe Analysis 363\u003c\/p\u003e \u003cp\u003eThe MSDBs and Narrowing Volatility 363\u003c\/p\u003e \u003cp\u003eComparing the MSD with the MIDAS Displacement Channel 364\u003c\/p\u003e \u003cp\u003eAlternatives to Standard Deviation 365\u003c\/p\u003e \u003cp\u003eTrading with the MIDAS Standard Deviation Bands 368\u003c\/p\u003e \u003cp\u003eSummary 370\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Nominal–On Balance Volume Curves (N-OBVs) and Volume–On Balance Curves (V-OBVs) 371\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eOn Balance Volume for the Uninitiated 371\u003c\/p\u003e \u003cp\u003eNominal–On Balance Volume Curves 373\u003c\/p\u003e \u003cp\u003eThe Dipper Setup 377\u003c\/p\u003e \u003cp\u003eVolume–On Balance Volume Curves 377\u003c\/p\u003e \u003cp\u003eFurther Chart Illustrations 378\u003c\/p\u003e \u003cp\u003eSummary 381\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Extensions, Insights, and New Departures in MIDAS Studies 383\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eMIDAS Curves and Volume-Based Oscillators 384\u003c\/p\u003e \u003cp\u003eCorrelation Analysis as an Effective Overbought\/Oversold Oscillator 389\u003c\/p\u003e \u003cp\u003eThe Contributions of Bob English 391\u003c\/p\u003e \u003cp\u003eSummary 400\u003c\/p\u003e \u003cp\u003eAppendix A Programming the TB-F 403\u003cbr\u003e\u003ci\u003eDavid G. Hawkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAppendix B MetaStock Code for the Standard MIDAS S\/R Curves 411\u003cbr\u003e\u003ci\u003eAndrew Coles\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAppendix C TradeStation Code for the MIDAS Topfinder\/Bottomfinder Curves 413\u003cbr\u003e\u003ci\u003eBob English\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eNotes 417\u003c\/p\u003e \u003cp\u003eAbout the Authors 433\u003c\/p\u003e \u003cp\u003eIndex 435\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eANDREW COLES, PhD,\u003c\/b\u003e is an active trader running a private investment fund. He has a diploma in technical analysis from STA–UK and from the International Federation of Technical Analysts (IFTA). He is also a Certified Financial Technician (CFTe). He holds a master's and a doctorate and was a Postdoctoral Research Fellow of the British Academy. During his graduate and postdoctoral years, he worked at a number of institutions, including King's College (KQC) London, the Institute of Classical Studies, and Oxford University. He is the author of a previous book on the history and philosophy of science. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eDAVID G. HAWKINS\u003c\/b\u003e is a successful full-time trader. He holds an MS in physics from Brown University, has taught physics at Roger Williams University, and has designed optical and ultrasound components for graphics, medical, and telecom systems. He presents on MIDAS and other technical analysis topics at AAII conferences.   \u003c\/p\u003e\u003cp\u003eMarket Interpretation\/Data Analysis System, or MIDAS, was developed by physicist and technical analyst Paul Levine, in the mid 1990s. It was originally conceived of as a method of analyzing market trends inspired by aspects of the popular Volume Weighted Average Price (VWAP) pricing method. Essentially, what Levine discovered was that he could accurately predict reversals in trader sentiment—and, therefore, market trends—using algorithms derived, in part, from VWAP pricing methods. Extending Levine's insights from the daily charts on which the method was conceived, Coles and Hawkins have since expanded the fractal capabilities of the approach to apply to all time frames—from one-minute charts and swing-trading charts to charts of interest to the very long-term investor.  \u003c\/p\u003e\u003cp\u003eBecause Levine's focus was on MIDAS purely as a forecasting tool, he failed to develop a framework for trading and investing management. Coles and Hawkins address this issue throughout the book by emphasizing how the MIDAS approach can be combined with Japanese candlesticks and other volume-based chart styles for effective trade and investment management.  \u003c\/p\u003e\u003cp\u003eWriting for traders and investors, as well as technical analysts, Coles and Hawkins explain, in plain English, the basic principles of MIDAS as originally laid down by Paul Levine. However, for the majority of the book they move into new MIDAS territory, illustrating how new manipulations of the MIDAS algorithms result in new types of indicators and curves applied to entirely new market environments and time series, and how the untold story of volume powerfully affects the plotting of MIDAS curves. The authors also demonstrate how MIDAS curves can work alongside sophisticated techniques such as float analysis and market profile, how MIDAS curves can be improved by atypical calibrated launch points, and how additional techniques such as new MIDAS-based oscillators and trading bands can improve market timing.  \u003c\/p\u003e\u003cp\u003eIn the nine chapters comprising the final part of \u003ci\u003eMIDAS Technical Analysis\u003c\/i\u003e, Coles and Hawkins detail how advances in trading hardware and software have made it possible to extend MIDAS to areas Levine never dreamed of. They show how MIDAS—especially when used in conjunction with robust charting methods, such as Japanese candlesticks—can function as a complete trading system, or be used as a supplementary tool for greatly enhancing trading effectiveness. They also explain how to develop a MIDAS trading system using existing off-the-shelf technologies.  \u003c\/p\u003e\u003cp\u003eRequiring no prior experience with the MIDAS approach, \u003ci\u003eMIDAS Technical Analysis\u003c\/i\u003e gets readers quickly up and running with the knowledge and skills needed to take full advantage of the incredible power of this sophisticated approach to timing and trading the markets.\t   \u003c\/p\u003e\u003cp\u003eMarket Interpretation\/Data Analysis System, or MIDAS, was developed by physicist and technical analyst Paul Levine, in the mid 1990s. It was originally conceived of as a method of analyzing market trends inspired by aspects of the popular Volume Weighted Average Price (VWAP) pricing method. Essentially, what Levine discovered was that he could accurately predict reversals in trader sentiment—and, therefore, market trends—using algorithms derived, in part, from VWAP pricing methods. Extending Levine's insights from the daily charts on which the method was conceived, Coles and Hawkins have since expanded the fractal capabilities of the approach to apply to all time frames—from one-minute charts and swing-trading charts to charts of interest to the very long-term investor. \u003c\/p\u003e\u003cp\u003eBecause Levine's focus was on MIDAS purely as a forecasting tool, he failed to develop a framework for trading and investing management. Coles and Hawkins address this issue throughout the book by emphasizing how the MIDAS approach can be combined with Japanese candlesticks and other volume-based chart styles for effective trade and investment management. \u003c\/p\u003e\u003cp\u003eWriting for traders and investors, as well as technical analysts, Coles and Hawkins explain, in plain English, the basic principles of MIDAS as originally laid down by Paul Levine. However, for the majority of the book they move into new MIDAS territory, illustrating how new manipulations of the MIDAS algorithms result in new types of indicators and curves applied to entirely new market environments and time series, and how the untold story of volume powerfully affects the plotting of MIDAS curves. The authors also demonstrate how MIDAS curves can work alongside sophisticated techniques such as float analysis and market profile, how MIDAS curves can be improved by atypical calibrated launch points, and how additional techniques such as new MIDAS-based oscillators and trading bands can improve market timing. \u003c\/p\u003e\u003cp\u003eIn the nine chapters comprising the final part of \u003ci\u003eMIDAS Technical Analysis\u003c\/i\u003e, Coles and Hawkins detail how advances in trading hardware and software have made it possible to extend MIDAS to areas Levine never dreamed of. They show how MIDAS—especially when used in conjunction with robust charting methods, such as Japanese candlesticks—can function as a complete trading system, or be used as a supplementary tool for greatly enhancing trading effectiveness. They also explain how to develop a MIDAS trading system using existing off-the-shelf technologies. \u003c\/p\u003e\u003cp\u003eRequiring no prior experience with the MIDAS approach, \u003ci\u003eMIDAS Technical Analysis\u003c\/i\u003e gets readers quickly up and running with the knowledge and skills needed to take full advantage of the incredible power of this sophisticated approach to timing and trading the markets.\u003c\/p\u003e","brand":"Bloomberg Press","offers":[{"title":"Default Title","offer_id":47989625716965,"sku":"NP9781576603727","price":75.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781576603727.jpg?v=1761784860","url":"https:\/\/k12savings.com\/products\/midas-technical-analysis-isbn-9781576603727","provider":"K12savings","version":"1.0","type":"link"}