{"product_id":"volatility-based-technical-analysis-companion-web-site-isbn-9780470387542","title":"Volatility-Based Technical Analysis, Companion Web site","description":"\u003cp\u003eA framework for creating volatility-based technical analysis and trading it for profit\u003c\/p\u003e \u003cp\u003e\u003ci\u003eVolatility-Based Technical Analysis\u003c\/i\u003e bridges the advantage gap between resource rich institutions and individual traders. It is a no-calculus, plain-English text that reveals original, highly technical, mathematical-based volatility indicators, complete with MetaStock® and TradeStation® code. With this in hand, any trader can \"trade the invisible\" by seeing a hidden mathematical structure on the price chart. Author Kirk Northington reveals his proprietary volatility indicators that serve as a market early warning system. Northington extensively teaches you how to build your own indicators, test them, and incorporate your original components into your specific trading methods.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eWalks traders through the mathematical techniques needed to create indicators that fit their own style\u003c\/li\u003e \u003cli\u003eIllustrates volatility-based entries and exits with over 170 descriptive chart examples\u003c\/li\u003e \u003cli\u003eIntroduces two new concepts in technical analysis: Volatility Shift and PIV\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWritten with the serious trader in mind, \u003ci\u003eVolatility-Based Technical Analysis\u003c\/i\u003e has what you need to successfully trade today's institutionally dominated markets.\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eIntended Audience xiv\u003c\/p\u003e \u003cp\u003eWhat’s Inside? xiv\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART ONE Are You Prepared? 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 The Challenges 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Brain Power 4\u003c\/p\u003e \u003cp\u003eThe Horse Power 6\u003c\/p\u003e \u003cp\u003eOptions and VaR Ascendancy 7\u003c\/p\u003e \u003cp\u003eRain Clouds or Urine? 10\u003c\/p\u003e \u003cp\u003eNews Folly 12\u003c\/p\u003e \u003cp\u003eEyes on the Goal 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 The Opportunities 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChoose Your Battles 16\u003c\/p\u003e \u003cp\u003eTake the Offensive 17\u003c\/p\u003e \u003cp\u003ePrepare and Perform 26\u003c\/p\u003e \u003cp\u003eQuiet the Noise 29\u003c\/p\u003e \u003cp\u003eOpportunities Outnumber Challenges 30\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 The Foundation: Preparations for Exploring Volatility-Based Technical Analysis 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Preparations Needed 32\u003c\/p\u003e \u003cp\u003eTrading the Invisible Indicators: Original Development 33\u003c\/p\u003e \u003cp\u003eTenets of Volatility-Based Technical Analysis 34\u003c\/p\u003e \u003cp\u003eComponent Testing 40\u003c\/p\u003e \u003cp\u003eMetaSwing QuickStart 40\u003c\/p\u003e \u003cp\u003eDiscover by Doing 51\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART TWO Seeing the Invisible 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 New Volatility Indicator Design 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVolatility Unmasked 56\u003c\/p\u003e \u003cp\u003eStandard Deviation 57\u003c\/p\u003e \u003cp\u003eExample: Volatility-Based Support and Resistance 61\u003c\/p\u003e \u003cp\u003eAverage True Range 66\u003c\/p\u003e \u003cp\u003eMolding a Volatility-Based Indicator 69\u003c\/p\u003e \u003cp\u003eThe Whole Picture 83\u003c\/p\u003e \u003cp\u003eBuilding Blocks 86\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Integrated Volatility Indicator Design 87\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVolatility Pointed Forward 87\u003c\/p\u003e \u003cp\u003eProjected Implied Volatility 90\u003c\/p\u003e \u003cp\u003eMore from the Math Toolbox 101\u003c\/p\u003e \u003cp\u003eUsing Tools to Leverage TTI ATR Extreme 107\u003c\/p\u003e \u003cp\u003eDevelopment Efficiency 114\u003c\/p\u003e \u003cp\u003eInventing Wheels: You’re Not Alone 115\u003c\/p\u003e \u003cp\u003eOnward 126\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 The Framework: A Structural Approach for Cross-Verification 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAdopting a Structure 128\u003c\/p\u003e \u003cp\u003eThink and See Volatility 129\u003c\/p\u003e \u003cp\u003eThe Framework Components 141\u003c\/p\u003e \u003cp\u003eConstructing a Compound Derivative 146\u003c\/p\u003e \u003cp\u003eThe Framework 156\u003c\/p\u003e \u003cp\u003eGoing Forward 161\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 Traditional Technical Analysis: What Works, What Doesn’t, and Why 162\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLine Studies 163\u003c\/p\u003e \u003cp\u003eChart Patterns 173\u003c\/p\u003e \u003cp\u003eOscillators 185\u003c\/p\u003e \u003cp\u003eChoose the Best 198\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART THREE Trading the Invisible 199\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 Bull Bear Phase Prediction: The Intermediate and Short-Term Market Swing 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Swing with the Market? 202\u003c\/p\u003e \u003cp\u003eIntermediate-Term Market Direction 204\u003c\/p\u003e \u003cp\u003eShort-Term Market Swing 211\u003c\/p\u003e \u003cp\u003eSeek the Advantage 223\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 Trading the Short-Term Reversal with \u003c\/b\u003e\u003cb\u003eVolatility-Based Technical Analysis—The Adeo 224\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Adeo Point 225\u003c\/p\u003e \u003cp\u003eThe Adeo Trend Rally 232\u003c\/p\u003e \u003cp\u003eThe Meandering Adeo 236\u003c\/p\u003e \u003cp\u003eThe Adeo Short 240\u003c\/p\u003e \u003cp\u003eAdeo and FOREX 245\u003c\/p\u003e \u003cp\u003eThe Fractal Adeo 246\u003c\/p\u003e \u003cp\u003eOpen Your Can of Spinach 249\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 Trading the Trend with the 1-2-3 250\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRectangles Everywhere 251\u003c\/p\u003e \u003cp\u003eThe Traditional Approach 253\u003c\/p\u003e \u003cp\u003eThe 1-2-3 Construct 254\u003c\/p\u003e \u003cp\u003eThe Daily 1-2-3 259\u003c\/p\u003e \u003cp\u003eThe Weekly 1-2-3 263\u003c\/p\u003e \u003cp\u003eThe 1-2-3: Inside and Outside 269\u003c\/p\u003e \u003cp\u003eAs Simple as 1-2-3 279\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 Hidden Momentum with Adeo High Slope 280\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWe Are Experiencing Technical Difficulties; Please Stand By 281\u003c\/p\u003e \u003cp\u003eMomentum Hide and Go Seek 283\u003c\/p\u003e \u003cp\u003eMomentum Found 289\u003c\/p\u003e \u003cp\u003eThe Quick and the Broke 303\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 12 Designing the Exit 305\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Objective: Optimize the Profit Target 306\u003c\/p\u003e \u003cp\u003eUsing Time Slicing to Understand Your Time Frame 310\u003c\/p\u003e \u003cp\u003eFifth-Grade Arithmetic 312\u003c\/p\u003e \u003cp\u003eExit Tactics 315\u003c\/p\u003e \u003cp\u003eAchieving the Objective 331\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 13 Correction and Surge: An Early Warning System 333\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMarket Breadth 334\u003c\/p\u003e \u003cp\u003eThe Correction Event 338\u003c\/p\u003e \u003cp\u003eThe Surge Event 348\u003c\/p\u003e \u003cp\u003eThe Best Free Advice 355\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 14 Trading System Design: Detecting the Invisible 356\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSeeing through the Fog of War 357\u003c\/p\u003e \u003cp\u003eNail It Down: Recognize the Specifics 358\u003c\/p\u003e \u003cp\u003eThe Importance of Believing 359\u003c\/p\u003e \u003cp\u003eSystem Design Structure 360\u003c\/p\u003e \u003cp\u003eSystem Design Tactics 365\u003c\/p\u003e \u003cp\u003eAsk the Questions and Use the Advantages 382\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAPPENDIX A TradeStation Examples and Easy Language Code 384\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAverage True Range 384\u003c\/p\u003e \u003cp\u003eThe TTI ATR Extreme 386\u003c\/p\u003e \u003cp\u003eThe TTI Stochastic Extreme 393\u003c\/p\u003e \u003cp\u003eThe TTI Fabric LR 399\u003c\/p\u003e \u003cp\u003eThe TTI Trend Strength 403\u003c\/p\u003e \u003cp\u003eThe TTI RSIV 405\u003c\/p\u003e \u003cp\u003eThe TTI Composite 409\u003c\/p\u003e \u003cp\u003eThe Relative Exit 412\u003c\/p\u003e \u003cp\u003eCorrection and Surge 420\u003c\/p\u003e \u003cp\u003eMetaSwing for TradeStation 423\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAPPENDIX B The PIV Options Advantage: Using Projected Implied Volatility to Trade the Butterfly,Condor, Strangle, and Straddle 427\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePIV for the Butterfly and Condor 427\u003c\/p\u003e \u003cp\u003ePIV for the Strangle and Straddle 436\u003c\/p\u003e \u003cp\u003ePIV for Option Spreads 440\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAPPENDIX C About the Companion Web Site 441\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNotes 443\u003c\/p\u003e \u003cp\u003eAbout the Author 447\u003c\/p\u003e \u003cp\u003eA Special Offer from MetaStock 449\u003c\/p\u003e \u003cp\u003eIndex 451\u003c\/p\u003e  \"While the book is written in an easy to understand style, Northington realizes that not every trader is a programmer. For that reason, he includes the MetaStock® and TradeStation® code for the original, volatility-based indicators that he presents in the book. With these examples in hand, any trader can apply the concepts which are explained in rich detail. Northington’s goal seems to be to teach the reader how to build indicators based upon unique market insights; test the indicators on a stand-alone basis; and incorporate meaningful indicators into trading methods that suit a trader’s personality. In doing so, he also provides a ready-to-go trading system that can be applied with days of beginning the book.\" (Market Technicians Association \u003ci\u003eTechnically Speaking\u003c\/i\u003e, September 2009)  \u003cp\u003e\"Northington presents a credible framework for trading volatile markets. His creativity and advocacy merit attention. New and advanced traders alike will benefit from grasping these concepts.\"\u003cbr\u003e —SFO Magazine\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eKIRK NORTHINGTON\u003c\/b\u003e is the President of Northington Trading, LLC, a developer of technical analysis systems based on adaptive volatility for swing trading. The company's flagship software product, MetaSwing, is an add-on toolkit for users of MetaStock technical analysis software. In addition to system design, Northington Trading trades stocks on the NYSE and NASDAQ exchanges. Kirk has previously held positions in several Fortune 500 companies, with experience in engineering, digital control system design, and project management.    \u003c\/p\u003e\u003cp\u003eIn today's markets, you won't get very far by using outdated technical indicators and methods known to everyone. With institutions implementing innovative new tools in their trading endeavors and professionals profiting from spotting signs that an individual trader might miss, you need something to level the playing field. That's why Kirk Northington has created \u003ci\u003eVolatility-Based Technical Analysis.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eAs the President of Northington Trading, LLC, and a developer of technical analysis systems based on adaptive volatility, Northington knows how larger market-moving players create profits. Now, with this accessible guide, he bridges the gap between resource-rich institutions and individual traders by revealing how you can locate hidden mathematical structures on price charts and \"trade the invisible.\" \u003c\/p\u003e\u003cp\u003eWritten for those who want to adapt technical analysis to the volatility forces at work in today's markets, this reliable resource contains all original, highly technical, mathematical-based volatility indicators, complete with MetaStock\u003csup\u003e®\u003c\/sup\u003e and TradeStation\u003csup\u003e®\u003c\/sup\u003e code; all presented without calculus. Throughout the book, you'll not only discover how to build your own indicators and test them, but also learn how to incorporate original components into your specific trading methods. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eVolatility-Based Technical Analysis\u003c\/i\u003e is divided into three comprehensive parts: \u003c\/p\u003e\u003cul\u003e \u003cli\u003ePart One outlines the many obstacles individual traders must overcome, while carefully laying out how market changes since 2000 have produced the need for volatility measurement in all aspects of technical analysis.\u003c\/li\u003e \u003cli\u003ePart Two explores arithmetic measurements of volatility—within exercises that create custom indicators—and delves into specific techniques for creating those indicators. It also focuses on retrofitting classic technical indicators with volatility measurement and introduces the concept of \u003ci\u003eProjected Implied Volatility\u003c\/i\u003e (PIV).\u003c\/li\u003e \u003cli\u003ePart Three focuses on exact trade setups—with discussions of a new technical analysis concept known as \u003ci\u003eVolatility Shift\u003c\/i\u003e and how to exploit it—and details the process of developing volatility-based technical analysis components. It also examines the importance of forecasting the broad market's short- and intermediate-term direction.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAlong with the practical insights found throughout these pages, you'll also be able to build your knowledge base with information found on this book's companion Web site (www.tradingtheinvisible.com). This site contains free trial versions of programmable technical analysis software as well as more examples and exercises that tie into the text. \u003c\/p\u003e\u003cp\u003eDesigned with the serious trader in mind, \u003ci\u003eVolatility-Based Technical Analysis\u003c\/i\u003e skillfully highlights how to use unique volatility-based tools to successfully trade today's institutionally dominated markets.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990461989093,"sku":"NP9780470387542","price":75.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470387542.jpg?v=1761787923","url":"https:\/\/k12savings.com\/products\/volatility-based-technical-analysis-companion-web-site-isbn-9780470387542","provider":"K12savings","version":"1.0","type":"link"}