Rocket Science for Traders: Digital Signal Processing Applications
John F. Ehlers
I've read lots of books on trading, all of them using the balance between the bulls and the bears, their psicology, who's stronger and how this affects the market. Some of these books are absolutely genial.
This book gives a completely new view about the market. At least new to me. Interpreting the market as a signal (just as if it were radio signal, or whatever) and processing the results gives surprising results. In some cases these results are not very different from the traditional indicators, but in others results are incredible. In any case the arsenal of new tools opens possibilities to increase the effectiveness of trading and you can choose which tools fit your trading. You can find at least one, for sure. Well, at least I found some.
No panacea here. No miracles. But interesting and effective new point of view and tools.
