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Rating:  Summary: The absolute classic of modern technical analysis!!! Review: Anyone that would ever give a negative rating for this classic of trading literature, doesn't have the slightest clue as to what they have just read. This is "THE" single most innovative trading text to hit the public's bookshelves in the last 30 years. This book single-handedly revolutionized the technical analysis of financial markets. I am almost speechless that someone could write a negative review of this book....
Rating:  Summary: The absolute classic of modern technical analysis!!! Review: Anyone that would ever give a negative rating for this classic of trading literature, doesn't have the slightest clue as to what they have just read. This is "THE" single most innovative trading text to hit the public's bookshelves in the last 30 years. This book single-handedly revolutionized the technical analysis of financial markets. I am almost speechless that someone could write a negative review of this book....
Rating:  Summary: An original work of enduring value from a true innovator Review: Parabolic SAR, Relative Strength Index, Directional Movement Index (ADX) -- developing even just one of these would constitute an important contribution to technical analysis. Yet all of these popularly followed indicators and more were the work of this one man and were first popularized in this single 1978 classic. But this book merits more than mere admiration. For traders looking for carefully presented formulas, clear discussions of their logic, and helpful discussion of indicators' interpretation straight from the horse's mouth, this book is a great asset. I would acknowledge that for discretionary traders who do little if any backtesting or who pay no more than scant attention to indicators other than price, volume, and maybe some moving averages, this book probably won't hit your hot button. But as a systems trader, I'm especially appreciative, since nowhere have I found a better or more authoritative discussion of ADX and ADXR, two especially potent indicators whose multi-stage calculations haven't been consistently represented in various secondary sources I've examined. Finally, for traders who tend to enjoy tinkering with the development of their own novel indicators, Wilder's discussions of his conceptual starting points in developing each of his indicators will probably prove very stimulating.
Rating:  Summary: rip-off Review: This expensive book has little to offer even for beginning technician, let alone those who are familiar with various oscillators already. It's very thin and has little to teach you. ....
Rating:  Summary: A classic Review: You'd have to appreciate that nearly every method or tool in this book is almost common knowledge. RSI, ADX, DMI, Parabolic, volatility breakouts, pivot point reversals and so forth are all commonly used nowadays. However, back in 1978 when it was hand calculated and charted.. Wilder probably had no idea how revolutionary his work has become.
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