MESA and Trading Market Cycles: Forecasting and Trading Strategies from the Creator of Mesa

Ehlers (president, MESA software) explains how his Maximum Entropy Spectrum Analysis (MESA) program can be used to analyze market cycles in economics for the purpose of investing. After reviewing the history of cycles, he discusses the solutions to the Drunkard's Walk problem, which is related to the trend mode and cycle mode of the market. Techniques are presented on how to excise specific cyclic components and minimize lags. The ways MESA interprets these components is then demonstrated. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Makes one of the most popular tools of market analysis available to a wider audience of traders and technical analysts
Pioneered by John Ehlers in the late 1970s, the MESA method of price pattern analysis uses powerful wave theory analysis techniques, originally developed for the field of electrical engineering, to measure market cycles. MESA systems are currently used by technical analysts the world over. Top brokerages lease them and supply their clients with MESA signals and charts. And MESA systems consistently have been rated #1 by Futures Truth, the consumer reports organization of the futures industry. In this highly anticipated Second Edition of his classic work, Ehlers updates his MESA theories and makes them more accessible to a wider trading audience. Completely revised, featuring five new chapters, this new edition incorporates Ehlers's digital signal processing research into MESA. It also includes EasyLanguage programming code that makes it extremely easy for traders to take the leap from theory to practice.

General

ISBN		9780471151968
Fiction/Non-Fiction		Non-Fiction
Publisher		John Wiley & Sons Inc
Pages		173
List Price		$69.95
Author		Ehlers, John F.
Publication Date		02/25/2002
Release Status		In Print
Format		Hardcover
Language		English
Measurements		Height: 9.25 Inches (US) Width: 6.25 Inches (US) Thickness: 0.75 Inches (US)
Series		Wiley Trading
Edition Number		2