• Technical Analysis vs. Quantitative Analysis – Darwinex
  • 69. CFA Level 1 Quantitative Methods Technical Analysis LO1 Part 1
  • Trading Strategies – Quantitative & Technical Analysis
  • 2015 CFA Level I Quant: Technical Analysis Lecture 1
  • Technical Analysis vs Fundamentals: How Reliable are Technicals?
  • Introduction to Quantitative Analysis
  • 74. CFA Level 1 Quantitative Methods Technical Analysis LO5 Part 1
  • Paul Wilmott on Quantitative Finance, Chapter 20, Technical analysis and microstructure modeling
  • Dr. Howard Bandy: Role of Backtesting in Trading System Development
  • "Statistics: The Missing Link between Technical Analysis and Algorithmic Trading" by Manish Jalan
Amazon Price: $85.95 $70.23 You save: $15.72 (18%). (as of February 18, 2018 7:11 am – Details). Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on the Amazon site at the time of purchase will apply to the purchase of this product.

This book, the fifth by Dr. Howard Bandy, discusses an integrated approach to trading system development and trading management.

It begins with a discussion and quantification of the several aspects of risk.
1. The trader's personal tolerance for risk.
2. The risk inherent in the price fluctuations of the issue to be traded.
3. The risk added by the trading system rules.
4. The trade-by-trade risk experienced during trading.

An original objective function, called "CAR25," based on risk-normalized profit potential is developed and explained. CAR25 is as near a universal objective function as I have found.

The importance of recognizing the non-stationary characteristics of financial data, and techniques for handling it, are discussed.

There is a general discussion of trading system development, including design, testing, backtesting, optimization, and walk forward analysis. That is followed by two parallel development paths — one using traditional trading system development platform and the second machine learning.

Recognizing the importance of position sizing in managing trading, an original technique based on empirical Bayesian analysis, called "dynamic position sizing" and quantified in a metric called "safe-f," is introduced. Computer code implementing dynamic position sizing is included in the book.

56 fully disclosed, ready-to-run, and downloadable programs are included.

Product Details

  • Paperback: 448 pages
  • Publisher: Blue Owl Press, Incorporated; 1 edition (January 24, 2015)
  • Language: English
  • ISBN-10: 0979183855
  • ISBN-13: 978-0979183850
  • Product Dimensions: 7 x 1 x 10 inches
  • Shipping Weight: 2.1 pounds

About Stephen Collie

Stephen Collie a retired Internet Professional based in Tauranga on the North Island of New Zealand.