{"title":"Volume 19 (2001)","description":"\u003cp\u003eBrowse Volume articles by issue:\u003c\/p\u003e\u003cdiv style=\"display:flex;flex-wrap:wrap;gap:12px;\"\u003e\n\u003ca href=\"\/collections\/volume192001\/issue-01?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 1 January\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-02?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 2 February\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-03?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 3 March\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-04?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 4 April\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-05?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 5 May\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-06?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 6 June\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-07?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 7 July\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-08?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 8 August\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-09?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 9 September\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-10?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 10 October\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-11?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 11 November\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-12?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 12 December\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-13?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 13 Bonus Articles\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-14?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 14 Quick Scans and Product Reviews\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-15?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 15 Books\u003c\/a\u003e\u003ca href=\"\/collections\/volume192001\/issue-16?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 16 Websites\u003c\/a\u003e\n\u003c\/div\u003e","products":[{"product_id":"v1928610trad","title":"V. 19:2 (86-91, 104-105): Traders' Resource: Trading Systems","description":"Trading Systems\u003cbr\u003e\u003cbr\u003eTrading systems can help take the subjective\ninterpretation out of trading decisions\nby providing automated buy and\nsell signals based on preprogrammed\nrules. Trading systems are usually computer\nprograms but can also be a realtime\nservice, issuing signals or a set of\npublished rules to follow. They can rely on one or more trading disciplines, such as artificial intelligence,\nGann analysis, astrology, indicator sets, or custom\nrules. This month in Traders Resource, we present a list of\npublicly available trading systems, most of which are sold as\nsoftware packages for personal computers.\u003cbr\u003e\u003cbr\u003eWe contacted trading system developers and vendors and\nasked them to fill out an online survey form to describe their\nproduct or products. Here, youll find a summary of the data\nwe collected. While were only able to present an abbreviated\namount of the information here in the magazine due to the\nspace constraints of the printed page, youll find the complete\nlisting of product specifics at our website, www.Traders.com.\nJust click on the Traders Resource link and then on the\nTrading Systems category link.\u003cbr\u003e\u003cbr\u003eThe product information youll find at our website for\ntrading systems will help answer questions such as: What\nindicators does the system utilize? What markets are followed\nby the trading system? Are additional applications","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133908152689,"sku":"\\V19\\C02\\023RES.PDF","price":4.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b7ac829d-baa7-4f78-a0ee-6065e6e6fcf7.jpg?v=1739656502"},{"product_id":"v1987380trad","title":"V. 19:8 (73-77, 80-81): Traders' Tips","description":"Traders Tips\u003cbr\u003e\u003cbr\u003eHere is this months selection of Traders Tips, contributed by article authors from this issue and by various developers of technical analysis software, all to help readers more easily implement some of the strategies presented.\u003cbr\u003e\u003cbr\u003eThis month's code includes: Igor Livshins balance of market power (BMP) indicator in TradeStation EasyLanguage, MetaStock for Windows, NeuroShell Trader, Investor R\/T, TradingSolutions, Wealth-Lab, Wave Wi$e, Byte Into The Market, and SmarTrader; John Momsen's crude oil trade in TradeStation EasyLanguage, MetaStock for Windows, Neuroshell Trader, and Wealth-Lab; and R.G. Boomers Variable-Interval Moving Averages (VIMA) for Investor R\/T.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133908218225,"sku":"\\V19\\C08\\094TIPS.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_53b6b333-ca38-450c-857c-01266694dd2a.jpg?v=1739656507"},{"product_id":"v19jan8097pr","title":"V. 19:14 Jan (80-81, 97): Product Review: HotTrader 2.081 by Jayanthi Gopalakrishnan","description":"Product Review: HotTrader 2.081 by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eThere is no doubt that software\nthat automates swing chart\ndrawing benefits the Gann\nswing chartist. If you have\nattempted to draw these charts manually,\nyou know exactly what Im talking\nabout. To address the needs of swing\ncharting enthusiasts, the developers at\nHotSwings.com created HotTrader, a\nGann swing charting program for trading\nsecurities. Users told me that when it\ncomes to swing trading, there is no\nother product that even comes close.\nThe product is a favorite among Gann\ntraders who swear that the real secrets\nof Gann can be found in these charts.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133908283761,"sku":"\\V19\\C14\\173PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7087d219-94a8-4c02-a579-1f966f9773b8.jpg?v=1739656509"},{"product_id":"v19may79prod","title":"V. 19:14 May (79-82): Product Review: MetaStock for Windows 7.03 by David Penn","description":"Product Review: MetaStock for Windows 7.03 Works with Reuters DataLink by David Penn\u003cbr\u003e\u003cbr\u003eMetaStock for Windows\n7.03 isnt just about\ndrawing charts. But it\nis hard to imagine better\nchart-drawing software\nthan what Equis International has come\nup with. MetaStock for Windows 7.03\ntakes full advantage of Windows\nobject-oriented, drag-and-drop\nprogramming, making it an ideal product\nfor everyone from virgin traders just\ngetting accustomed to technical analysis\nto veterans who revel in building their\nown indicators and developing their own\ntrading systems.\u003cbr\u003e\u003cbr\u003eFor those even casually familiar with\ntechnical analysis software, MetaStock\nstands out as one of the heavyweights.\nAlthough other software has its\nadherents, MetaStock repeatedly comes\nup as the charting software that many\nsuccessful traders and analysts use. ...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133908316529,"sku":"\\V19\\C14\\186PR.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ff2e1811-7403-43c0-aece-f0212dcf7816.jpg?v=1739656512"},{"product_id":"v19240sidper","title":"V. 19:2 (40): Sidebar: Percentage price oscillator calculation by Arthur Hill","description":"PERCENTAGE PRICE OSCILLATOR CALCULATION\u003cbr\u003e\u003cbr\u003eThe percentage price oscillator is easy to calculate\nin a spreadsheet. Just remember to\nseed each moving averages column with the\nsimple average for the first days calculation.\nAfter that, use the exponential moving average\n(EMA). The signal line is a nine-day EMA of the\nPPO itself.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133909660017,"sku":"\\V19\\C02\\018SB.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9366ef2c-0d1a-4614-9004-31a03519c9a0.jpg?v=1739656582"},{"product_id":"v19526tradop","title":"V. 19:5 (26-30): Trade The Opening's Reaction by Perry R. Stevens, MD, MBA","description":"The Early Bird Does Get The Worm\nTrade The Openings Reaction\u003cbr\u003e\u003cbr\u003eHeres a simple, profitable trade you can make\nduring the opening 30 minutes of the market.\nby Perry R. Stevens, MD, MBA\u003cbr\u003e\u003cbr\u003eThe first 15 to 30 minutes after the\nstock market opens are usually\nthe most volatile and the trickiest\ntime of the day to make a trade.\nDuring this period, traders and\ninvestors alike are sizing up the\nmarket and eyeing specific stocks\nto buy or trade and may even take action. Any\nnews that has come out since the markets close\nof the previous session or prior to the opening has\nbeen digested and interpreted. Analysts are\nupgrading and downgrading, and the talking heads\non the financial news shows are also weighing in\nwith their comments. In short, the opening minutes\nof the market can be volatile, and for this reason,\nmany traders prefer to sit back and wait until a\ntrend develops.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133909692785,"sku":"\\V19\\C05\\051TRAD.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_615be7f8-40a8-413a-a0f2-1a2aa1bc89be.jpg?v=1739656584"},{"product_id":"v19feb62risb","title":"V. 19:16 Feb (62-64): RiskGrades.com by Jayanthi Gopalakrishnan","description":"RiskGrades.com by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eRISKGRADES.COM\u003cbr\u003e\u003cbr\u003eThink you dont get access to the tools\nthat investment bankers, asset managers,\nand Fortune 50 companies have? Well,\nthink again, because RiskGrades.com\nFigure 1) offers all these tools. Whats\neven better is the price free.\u003cbr\u003e\u003cbr\u003eDuring the last two years, RiskGrades\nonly offered services to institutional\ninvestors, but at the end of 1999, the\ncompany decided to develop a product\ngeared to individual investors. Risk is\nan essential part of an institutional\ninvestors toolbox, but unfortunately,\nthe individual investor gives more\npriority to returns and often considers\nrisk subjectively. Here, you can study\nand analyze risk in an objective manner\nsimilar to what an institutional money\nmanager uses.\u003cbr\u003e\u003cbr\u003eIn fact, even professional advisors\ncan access this site through the advisor\narea, which offers features geared for\nthe professional manager. ...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133909922161,"sku":"\\V19\\C16\\210WEB.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5fa38226-9120-473d-8091-7b1378cb4e5d.jpg?v=1739656587"},{"product_id":"v19186tradre","title":"V. 19:1 (86-93): Traders' Resource: Books","description":"You can blunder around the Internet all\nyou want, but for focused instruction on\ntrading technique, the best information\ncan still be found in paper pages. Here is\njust a sampling of all that is available out\nthere in the way of books for traders and\ninvestors, but one thing the Internet is\ngood for is browsing. You can quickly locate just about any book on trading over the Internet these\ndays from Websites such as that of book reseller Traders\nPress (www.traderspressbookstore.com). Also, both Amazon\nand Barnes and Noble will suggest related books once\nyou home in on a subject. They can also tell you what other\npeople with similar interests are buying.\u003cbr\u003e\u003cbr\u003eWhatever you do, if youre starting out, be sure to read\nEdwards and Magee, Schwager, Wilder, and Lefvre to start\nyour education down the right path. (See the handy reading\nlist at the end of the table for these books and other classic\nreading on technical analysis.) And use the following table of\ninformation to discover new sources of reading.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133911462257,"sku":"\\V19\\C01\\012RES.PDF","price":4.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_bd592b9c-10cd-4611-bebe-010c02fb2877.jpg?v=1739656695"},{"product_id":"v19934sidtra","title":"V. 19:9 (34): Sidebar: TradeStation code for MAMA and FAMA by John F. Ehlers","description":"Sidebar: TradeStation code for MAMA and FAMA by John F. Ehlers\u003cbr\u003e\u003cbr\u003eThis code is nearly the same as the one that computes the Hilbert transform homodyne discriminator cycle measurement, with the additional code to compute phase rate of change, the nonlinear alpha, and the MAMA and FAMA lines. Your superheterodyne radios and TVs are tuned by multiplying the incoming radio frequency signal with a variable frequency local oscillator to produce a fixed-frequency intermediate frequency (IF).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133911527793,"sku":"\\V19\\C09\\099SB.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a2250e7f-be4e-4c7a-814b-ea359241b538.jpg?v=1739656697"},{"product_id":"v19516relper","title":"V. 19:5 (16-24): Relative Performance Charting by Phil Doyle","description":"Changing Your Market Perspective Relative Performance\nCharting\u003cbr\u003e\u003cbr\u003eTheres always a hot sector, but its\nnot always obvious where it is.\nHeres a quick, visual way to find it. by Phil Doyle\u003cbr\u003e\u003cbr\u003eRelative performance\ncharting compares the\nrate of price change of\ntwo or more tradable\ninstruments. Its purpose\nis to point out whats hot and whats\ncold, so you can focus on the best\naction.\u003cbr\u003e\u003cbr\u003eA broad range of names are\napplied to relative performance\ncharts (RPC): relative strength\ncharts, rebased charts, dollar-growth\ncharts, and performance charts.\nThey are all variations on the same\ntheme. Although this methodology\nhas long been popular among\nportfolio and money managers, it is\nonly recently starting to gain\npopularity on trading floors, as\ntraders discover that relative\nperformance charts are well\nsuited to short- as well as\nlong-term trading horizons.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912936817,"sku":"\\V19\\C05\\REL.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_76e91662-9c70-4954-a240-cea86e6fd4c3.jpg?v=1739656803"},{"product_id":"v19920ligupy","title":"V. 19:9 (20-28): Light Up Your Trading System With CandleCode Trading by Viktor Likhovidov","description":"Light Up Your Trading System With CandleCode Trading by Viktor Likhovidov\u003cbr\u003e\u003cbr\u003eMarket sentiment has traditionally been associated with subjectivity. Heres a method that not only adds a quantitative bent to measuring market sentiment, but can also be applied to your trading.\u003cbr\u003e\u003cbr\u003eWhen I first devised CandleCodes, I designed them to quantitatively measure the market by ranking the\nCandleCodes according to typical interpretations. To put it simply, the CandleCode assigns a rank to each candlestick. A strongly bearish candle will have a very low rank, whereas one with less bearish sentiment will get a slightly higher rank. A bullish candle will get a high rank and a strongly bullish candle will occupy the highest place in this hierarchy. This scheme has worked well and has introduced order to the world of candlestick charting.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133913002353,"sku":"\\V19\\C09\\098CAND.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_6a82c64a-d960-4840-9124-fb7b8ea8b201.jpg?v=1739656808"},{"product_id":"v19oct10prod","title":"V. 19:14 Oct (103-105): Product Review: FastTrack For The Web by David Penn","description":"Product Review: FastTrack For The Web by David Penn\u003cbr\u003e\u003cbr\u003eSomewhere between market\ntiming and buy and hold\nlies a universe of strategies\nall geared, more or less,\ntoward the same thing: letting profits\nrun and cutting losses short. In fact, the\nmarket timing versus buy and hold\ndebate almost deteriorates into a simple\nquestion: What is more important \nstaying in the market to catch the big\ngains or getting out of the market to\navoid the big losses? Your answer if\nyou were forced to choose one or the\nother ordinarily would tell a great\ndeal about whether you were an investor\nor a trader.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133913035121,"sku":"\\V19\\C14\\201PR.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f27c4fe6-7e50-4317-9844-0d2971f632a6.jpg?v=1739656811"},{"product_id":"v19470invicb","title":"V. 19:4 (70-80): Interview: Victor B. Niederhoffer by John Sweeney","description":"Music of the Markets - Victor B. Niederhoffer\u003cbr\u003e\u003cbr\u003eTrader, speculator, author, and more. The name may be\nfamiliar, but theres more to the man than just finance. Victor\nNiederhoffer has served as advisor to, and investor for,\nfamed investor George Soros and as mentor to Monroe Trout\nand other financial wizards. More: Niederhoffer is also a\nfive-time US national squash champion. More: Among his\npublication credits are articles in Liberty and The Wall\nStreet Journal, a cover story in National Review exposing\nHillary Clintons cattle trading as a faade, and his book,\nThe Education Of A Speculator.\u003cbr\u003e\u003cbr\u003eVictor B. Niederhoffer received his undergraduate degree from Harvard and earned his doctorate in finance from the\nUniversity of Chicago. An active speculator on a large scale\nfor the past 30 years, he now operates as a private investor\nspecializing in trading options and futures on individual\nstocks and market indices. He writes a daily column at\nWorldly Investor (www.worldlyinvestor.com) and a weekly\ncolumn at moneycentral.msn.com with Laurel Kenner.\nSTOCKS \u0026amp; COMMODITIES Interim Editor John Sweeney\nmanaged to talk Niederhoffer into doing an interview, and on\nJanuary 23, 2001, they chatted, via telephone.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915066737,"sku":"\\V19\\C04\\046INT.PDF","price":4.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b6267667-1cc8-4d75-aff8-b67c1551e2c2.jpg?v=1739656964"},{"product_id":"v1965sidselc","title":"V. 19:12 (65): Sidebar: Selecting the condition to analyze by Massimiliano Scorpio","description":"Sidebar: Selecting the condition to analyze by Massimiliano Scorpio\u003cbr\u003e\u003cbr\u003eSELECTING THE CONDITION TO ANALYZE\u003cbr\u003e\u003cbr\u003e{Once the pattern is defined, select the condition to\nanalyze}\u003cbr\u003e\u003cbr\u003e(Signal)\u003cbr\u003e\u003cbr\u003eInput:TME(0),PAT(1);\u003cbr\u003e\u003cbr\u003e{You are counting how many times the pattern recurs}\nIf KRPattern(TME,PAT)=1 then begin\nValue1=Value1+1;\nEnd;\u003cbr\u003e\u003cbr\u003e{If there is a key reversal up pattern, how many times is\nthe following high greater or equal to the last high?}\nIf KRPattern(1,PAT)=1 and High\u0026gt;=High[1] then begin\nValue2=Value2+1;\nEnd;\u003cbr\u003e\u003cbr\u003e{Now send the results to a word file}","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915099505,"sku":"\\V19\\C12\\148SB2.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_8d2507dc-ed0e-45ce-9441-0e09d3b3f093.jpg?v=1739656968"},{"product_id":"v19sep82brok","title":"V. 19:16 Sept (82): BrokerageAmerica.com by Amy Wu","description":"BrokerageAmerica.com by Amy Wu\u003cbr\u003e\u003cbr\u003eBrokerageAmerica.com\u003cbr\u003e\u003cbr\u003e\nIn line with the dotcom mania that brought\nyou online trading, BrokerageAmerica\n(www. brokerageamerica.com) seeks to\nprovide an even more streamlined etrading\nservice. Nowadays, various\ncompanies provide a whole slew of\nservices: floor access, direct access,\nonline broker access; so how, you ask,\ncan it possibly get simpler?\u003cbr\u003e\u003cbr\u003e\nBrokerageAmerica believes it can\neliminate the middleman. While current\nonline trading companies can provide\nbrokerage services at a discount,\ncustomers must still go through a broker\nto get to the market maker. On the other\nhand, BrokerageAmerica is set up\nsimultaneously as a broker and market\nmaker. You get the benefits of direct\ncustomer-to-dealer trading. ...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915132273,"sku":"\\V19\\C16\\216.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_782d596b-351a-41df-abf2-80a408dc0d24.jpg?v=1739656971"},{"product_id":"v19jan48stoc","title":"V. 19:16 Jan (48): Stockscores.com by Dennis D. Peterson","description":"Stockscores.com by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eSTOCKSCORES.COM\u003cbr\u003e\u003cbr\u003eStockscores.com is a Website designed\nfor those who want to have a technical\nguide but not necessarily get involved\nwith technical analysis. The site\nprovides a stock with a score based on\ntechnical indicators and allows the user\nto screen stocks in accordance with 30-\nplus indicators, including the stock\nscore. The 30 indicators are used to\nproduce the score.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133916803441,"sku":"\\V19\\C16\\209WEB.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_06d9eb5f-d320-47df-b914-fefe32a72a5b.jpg?v=1739657108"},{"product_id":"v19548volavp","title":"V. 19:5 (48-56): Volume-Weighted Average Price by George Reyna","description":"For Support And Resistance\nVolume-Weighted\nAverage Price\u003cbr\u003e\u003cbr\u003eHeres how to use VWAP with the Midas indicators.\nby George Reyna\u003cbr\u003e\u003cbr\u003eSuccessful traders know how\nimportant it is to evaluate volume\nbefore taking a position in the\nmarket. This concept has been\nmuch discussed, but\nunderstanding the relationship of\nprice behavior and volume is\nusually an intuitive exercise.\nLong-term success is based on\nexperience level and seasoned\njudgment. On the other hand, volume-weighted average price\n(VWAP) calculations can create powerful indicators that\ngraphically represent the interaction between price and volume\non one chart. This makes it easier to get a feel for market\npsychology and spot potential major reversals.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133918310769,"sku":"\\V19\\C05\\055VOL.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_bf2ce672-a7c4-4d8e-bd6a-53b87e68b9bd.jpg?v=1739657206"},{"product_id":"v19mar78prod","title":"V. 19:14 Mar (78-81): Product Review: TradeStation Pro by John Sweeney","description":"Product Review: TradeStation Pro Version 6.1, Builds 461 - 467 by John Sweeney\u003cbr\u003e\u003cbr\u003eId been told that TradeStation\nfor the Internet has been on\nthe way for a year, and it finally\narrived on my desktop on December 7. As\nsoon as I heard about it, I jumped over to\nTradeStation Pro.com to check it out.\u003cbr\u003e\u003cbr\u003eThere, I found a 10-day free trial, so\nI dived right in. After the usual signup\ninformation (including credit card info), I\nclicked my way through long legal agreements\n(TradeStation Pro, Nasdaq, OPRA,\nand the American Stock Exchange and the New York Stock Exchange), agreeing\nto everything.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133919785329,"sku":"\\V19\\C14\\179PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b4f5f560-5399-4af7-bed3-74364b508a80.jpg?v=1739657317"},{"product_id":"v1988wormonc","title":"V. 19:12 (88-90): Working Money: Confirming Bear Markets by David Penn","description":"Working Money: Confirming Bear Markets by David Penn\u003cbr\u003e\u003cbr\u003eIn a down market,the only question as important as How low will we go? is Will we know\nwhen were there?\u003cbr\u003e\u003cbr\u003eWhile many technical analysts have relegated\nDow theory to that same attic in which the\nold tickertape machines are stashed, the\nunderlying premise of this approach toward\nthe stock markets, now more than 75 years\nold, remains both valid and potent. In fact, Dow theory can be\nan effective intellectual haven from the 24\/7, 365 barrage of information, financial and market news reports, and analysis.\nAlthough it is true that intraday and day-to-day movements in\nthe stock market can provide clues to entry and exit\nopportunities, it is equally true that a sound understanding of\nlarger intermediate and long-term trends is key to putting any\ninvestment or trading decision in the proper context.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133921718641,"sku":"\\V19\\C12\\150CONF.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f8fade3a-dde1-44c3-b692-d6c86b174cba.jpg?v=1739657423"},{"product_id":"v19992lifonh","title":"V. 19:9 (92-94): Life On Hold by Adrienne Laris Toghraie","description":"Life On Hold by Adrienne Laris Toghraie\u003cbr\u003e\u003cbr\u003eIf you have put your trading on hold, you undoubtedly have a compelling reason. To support your case for being stuck, you can find countless others who will\nnod in agreement and understanding as they wait to tell you their own sad tales. On the other hand, there are traders whose roadblock stories are just as compelling as yours, but who are successfully trading, nonetheless. How do traders overcome their excuses?\u003cbr\u003e\u003cbr\u003eAs a new money manager, Joe had only $250,000 to manage. His own operating funds were based on a standard fee of 2% of capital and 20% of the 54% profit that he was earning for his clients. Despite his outstanding track record, the income from his business was barely $20,000 a year. After paying his expenses, Joe was living from hand to mouth. Deeply frustrated, he had only enough funds in his bank account for six more months of trading operations.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133921751409,"sku":"\\V19\\C09\\105LIFE.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_6760df71-0e45-4f60-896a-62ad7ae15733.jpg?v=1739657425"},{"product_id":"v19may84eqby","title":"V. 19:16 May (84): EquityTrader.com by Dennis D. Peterson","description":"EquityTrader.com by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eEQUITYTRADER.COM\u003cbr\u003e\u003cbr\u003e\nAcme Analytics EquityTrader.com,\nwebsite created by John Bollinger of\nBollinger Bands fame, strongly reflects\nhis analytical techniques. The website\nhome page (Figure 1) illustrates key\naspects of the analysis using a chart\nsurrounded by tabs. Tabs on the left and\nright of the chart control the number of\nperiods shown and whether the period is\ndaily, weekly, or monthly. Tabs on\nthe bottom have familiar-sounding\nindicator choices, but the top tabs and\nthe stoplights are unique, as well as the\nway the price data is shown.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133921784177,"sku":"\\V19\\C16\\213WEB.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4e770ff9-6499-491a-973b-9a61a14ca3d2.jpg?v=1739657428"},{"product_id":"v1914lettosc2","title":"V. 19:12 (14-20): Letters to S\u0026C","description":"Letters to S\u0026amp;C\u003cbr\u003e\u003cbr\u003eTREND DETECTION INDEX\nEditor,\nI always look forward to\nreceiving STOCKS \u0026amp;\nCOMMODITIES and seeing\nwhat new indicators\nmay be presented. The\nOctober 2001 S\u0026amp;C article by M.H. Pee\non the trend detection index (TDI) was\nintriguing and very well written.\u003cbr\u003e\u003cbr\u003eThe TDI seems to have a lot of\npromise. I would very much like to\ncompare it head-to-head with other trend\nmeasures, such as the ADXR, vertical\nhorizontal filter, polarized fractal\nefficiency, Chande momentum oscillator,\nand so on. That is half the fun to\nsee how a new technique compares with\nestablished ones!\u003cbr\u003e\u003cbr\u003eThus, I was most disappointed not to\nfind the TDI in MetaStock format in\nTraders Tips in that issue, as is usually\nthe case when a new indicator is\npresented in your magazine. Will you\nbe presenting this soon, I hope? Please?\u003cbr\u003e\u003cbr\u003eRICHARD STERNBACH\u003cbr\u003e\u003cbr\u003eLa Jolla, CA\u003cbr\u003e\u003cbr\u003eEquis International presented the code\nfor the trend detection index in the\nNovember 2001 STOCKS \u0026amp; COMMODITIES\nin the Traders Tips column. Editor","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133924077937,"sku":"\\V19\\C12\\140LET.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a59816ee-1182-44de-a598-d5b9432a30fe.jpg?v=1739657544"},{"product_id":"v19aug85quic","title":"V. 19:14 Aug (85): Quick Scan: Trade Simulator Version 5.0 by John Sweeney","description":"Quick Scan: Trade Simulator Version 5.0 by John Sweeney\u003cbr\u003e\u003cbr\u003eWouldnt it be wonderful if there were\nperfect rationality in the markets? We\ncould all invest our extra cash and focus\non our rosy future without worries.\nHowever, since what the securities\npeople sell us are all subject to the\nuncertainties that plague human\nendeavor, we must deal with a certain amount of randomness. And uncertainty\ninspires a certain amount of superstitious\nbelief. Wed like to call it the psychology\nof the market, but since it cannot be\nproven, its also inductive and heuristic\n(using rules of thumb).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133924110705,"sku":"\\V19\\C14\\170QS.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_03343492-e0f0-4eba-be32-daed1923edb6.jpg?v=1739657547"},{"product_id":"v19jul95prod","title":"V. 19:14 July (95-96): Product Review: Bull's-Eye Broker by John Sweeney","description":"Product Review: Bulls-Eye Broker by John Sweeney\u003cbr\u003e\u003cbr\u003eSoftware focusing on point\nand figure charting isnt\ncommon. In fact, STOCKS\n\u0026amp; COMMODITIES has only\nreviewed two or three such\npackages over the years. Though many\nanalytical packages take a stab at P\u0026amp;F,\nits not given a thorough treatment \nperhaps due to lack of demand.\u003cbr\u003e\u003cbr\u003eLack of demand apparently isnt the\ncase in Australia, where traders have\navidly adopted many classic trading\ndisplays. In the case of Bulls-Eye, the\ndemand came from the programmers\nathletics coach, who wanted a good way\nto screen 150 stocks in a few minutes!","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133924143473,"sku":"\\V19\\C14\\193PR.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_85e42c59-f475-4895-ae9e-f5df741019ea.jpg?v=1739657549"},{"product_id":"v193410flexc","title":"V. 19:10 (34-38, 106-107): Flexible Candlesticks by Viktor Likhovidov","description":"Flexible Candlesticks by Viktor Likhovidov\u003cbr\u003e\u003cbr\u003eIn the November 1999 STOCKS \u0026amp; COMMODITIES, Viktor Likhovidov introduced a method by which candlesticks, a subjective charting technique, could be used to develop objective, quantitative values values that could be used in software for trading. In this latest offering, Likhovidov adds flexibility to his basic method, known as CandleCodes, and in this way garners market sentiment results for different types of markets.\u003cbr\u003e\u003cbr\u003eCandleCodes, which I introduced in an article for STOCKS \u0026amp; COMMODITIES in 1999, are intended to make objective the popular but very subjective candlestick technique. There are several versions of CandleCodes that could be useful for chart analysis and construction of trading systems. The general form of such indexes is obtained by assigning variable coefficients (weights) to the elements of the candlestick (body and shadows).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133925192049,"sku":"\\V19\\C10\\110FLEX.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c49149cb-cfdc-4d6b-9248-4beed5c1564e.jpg?v=1739657624"},{"product_id":"v1962qabydon","title":"V. 19:11 (62): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eSINCE YOU ASKED\u003cbr\u003e\u003cbr\u003eProfessional trader Don Bright of Bright\nTrading, an equity trading corporation,\nanswers a few of your questions.\u003cbr\u003e\u003cbr\u003eINDEX ARBITRAGE\u003cbr\u003e\u003cbr\u003eDon, I have enjoyed your commentaries\nin STOCKS \u0026amp; COMMODITIES. Can an\nindividual buy a basket of stocks\neconomically enough (say with your\nfirm) in order to perform index\narbitrage: selling futures versus buying\ncash and vice versa? Spread trading\nor hedged strategies appeal to me; what\nvalid spreads do you teach or trust, and\ncan an individual perform S\u0026amp;P or E-mini\narbing almost as effectively as the\nfloor traders or market making firms?\nThank you. David Pfizenmaier\u003cbr\u003e\u003cbr\u003eYouve brought up a couple of\ninteresting ideas about arbitrage\nmethodology. If your costs are low\nenough as you mentioned (trading with a\nproprietary firm), then you can do very\nwell trading baskets of individual stocks\nvs. a futures contract. With point-and-click\ntrading and by using links to the\nexchanges or electronic communications\nnetworks (ECNs), a trader can almost\nsimultaneously execute orders upon\nfinding a discrepancy in pricing. That\ncovers the tactical aspect of performing\nthe functions necessary.\u003cbr\u003e\u003cbr\u003eNow for the strategic aspect of these\nmethods. Hedge baskets can range from a\nhandful of high-cap stocks to the entire\nStandard \u0026amp; Poors 500, for example. A\ngood arb trader will find a proper sampling\nthat will reflect the larger index, but this is\nnot easy. You will find that oftentimes\nadjustments are needed based on news\nitems, earnings warnings, and so on. Our\ntraders dont generally hedge with the\nfutures, preferring to use them instead as\nimmediate indicators to tell which side of\nthe pair trade or spread trade they want to\nopen first. Thanks for reading the column,\nand thanks for the kind words!","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133925224817,"sku":"\\V19\\C11\\130QA.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_51068704-74b8-44eb-9e42-2ab4fe8cf9bd.jpg?v=1739657626"},{"product_id":"v1966inelwav","title":"V. 19:11 (66-76): Interview: Elliott Wave Experts by Jayanthi Gopalakrishnan and Dennis Peterson","description":"Interview: Elliot Wave Expers - Steven Hochberg \u0026amp; Peter Kendall\u003cbr\u003e\u003cbr\u003eFibonacci numbers, fractal geometry, socionomics Ralph\nNelson Elliotts wave theory was published 64 years ago, but\nhe explored ideas that we still study today in physics,\nbehavioral sciences, and, of course, investing. How do the\nconcepts he examined translate to the markets and the\nworld today? To find out, STOCKS \u0026amp; COMMODITIES Editor\nJayanthi Gopalakrishnan and Staff Writer Dennis Peterson\ninterviewed two experts on Elliott wave analysis, Steven\nHochberg and Peter Kendall, in late August 2001.\u003cbr\u003e\u003cbr\u003eSteven Hochberg is the co-editor of The Elliott Wave\nFinancial Forecast and Short Term Update, both publications\nof Robert Prechters Elliott Wave International (EWI) in\nGainesville, GA. Hochberg began his financial career with\nMerrill Lynch and joined EWI in 1994.\u003cbr\u003e\u003cbr\u003ePeter Kendall is the co-editor of The Elliott Wave Financial\nForecast. He was a financial reporter and columnist before\nhe joined EWI in 1992.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133925257585,"sku":"\\V19\\C11\\131INT.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_bc51a50e-efd9-44fb-9bbf-b26b2f0400c8.jpg?v=1739657628"},{"product_id":"v19140garset","title":"V. 19:1 (40-47): The Gartley Setup by Rudy Teseo","description":"If identifying head-and-shoulders or cup-with-handle patterns\nhas left you frustrated, dont despair! This classic\nsystem might be for you.\u003cbr\u003e\u003cbr\u003ePrice patterns by themselves (without\nmoving averages and indicators)\nare all that is necessary to chart\na stock and understand whats happening.\nWe might say that pattern\nrecognition is the heart of technical\nanalysis. If thats true, why\nare technical indicators the backbone\nof 99% of our systems? Is it because we have trouble\nidentifying those head and shoulders, cups with handles,\nand ascending triangles? Heres a technique that uses\nprice charts only, is fairly easy to master, and has a track\nrecord of 70% wins.\u003cbr\u003e\u003cbr\u003eI use Fibonacci ratios to measure the retracements of a\nstocks up and down movement, with the objective of developing\na geometric pattern that, when completed, gives a buy\nor a sell signal.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133927518577,"sku":"\\V19\\C01\\0007GART.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5d5e70f2-0a6b-4417-97f7-ff35b72ef8e5.jpg?v=1739657781"},{"product_id":"v19632sidtil","title":"V. 19:6 (32): Sidebar: Tillson's T3 by Steve Burns","description":"TILLSONS T3\u003cbr\u003e\u003cbr\u003eAlong with the actual code for Tillson's T3, this sidebar provides Excel code.\u003cbr\u003e\u003cbr\u003eThe actual formula for T3 is elaborate, the result of cubing the function\u003cbr\u003e\u003cbr\u003e(1+a)x ax2\u003cbr\u003e\u003cbr\u003ewhere a is the percentage of amplification of the filters response to price movement (creator Tim Tillson calls it the volume factor) and x is the price smoothed using a moving average of a period you specify.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133927551345,"sku":"\\V19\\C06\\064SB1.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_dd27398f-0305-4b77-8cb6-fcc1945fa3fd.jpg?v=1739657784"},{"product_id":"v19ap97quics","title":"V. 19:14 April (97): Quick Scan: Currency-Trader.com by J. Gopalakrishnan","description":"Quick Scan: Currency-Trader.com by J. Gopalakrishnan\u003cbr\u003e\u003cbr\u003eThe interbank spot currency market\n(forex) has remained within the realms\nof banks and corporations. However,\nwith widespread use of the Internet, retail\ninvestors have shown increased interest\nin forex trading. This has caused\ncompanies like currency-trader.com to\nopen the doors for the retail investor. The\nforex market is the worlds largest market,\nwith transactions totaling more than $1\ntrillion taking place on an average trading\nday. It has no central exchange and trading\ntakes place 24 hours a day.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133927584113,"sku":"\\V19\\C14\\163QS.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f1bc893e-726a-42af-80d4-fab442dfd77f.jpg?v=1739657786"},{"product_id":"v19257marbre","title":"V. 19:2 (57-60): Market Breadth: Volume by Dennis D. Peterson","description":"Determining Market Health\nMarket Breadth: Volume\u003cbr\u003e\u003cbr\u003eOf all the market breadth measures to determine the overall\nhealth of the market, volume is perhaps one of the most\ndifficult to use.\nby Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eIt only takes a few stocks to push\nmajor indices such as the Dow\nJones Industrial Average, the\nStandard \u0026amp; Poors 500, and the\nNasdaq Composite up, and thats\nespecially true for the Nasdaq\nComposite, which is weighted\nby market capitalization. To gain\ninsight into market momentum, traders turn to market breadth\nindicators. Breadth measures how much of the market is\nparticipating in an indexs movement. When the breadth is\nwide, the majority of stocks are participating. When the\nbreadth is narrow, only a few stocks are rising or falling.\u003cbr\u003e\u003cbr\u003eUp and down volume play a\ncentral role in market breadth\nbecause they measure how\nbullish or bearish investors are.\nThere are two aspects of volume\nthat are most important: The\nfirst is the total amount of\nvolume and the second is the\namount of up volume versus\ndown volume.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133929058673,"sku":"\\V19\\C02\\020MKT.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_38455606-da5d-418e-baa6-8937207aeb6a.jpg?v=1739657888"},{"product_id":"v19114gopran","title":"V. 19:1 (14-21): Gopalakrishnan Range Index by Jayanthi Gopalakrishnan","description":"Should you be trading pork bellies or AT\u0026amp;T? How\ncan you tell what you should be trading, besides\npainful experience? This might give you a clue.\u003cbr\u003e\u003cbr\u003eAnyone who has ever observed the\nmarkets over time can tell you that\nsome markets are erratic, while\nsome are consistent and contiguous\n(Figure 1). Both types provide\nopportunities for trading, but the\nmarket you choose to trade will depend on your level\nof expertise some markets are notoriously volatile\nand not easy to deal with and personality. Perhaps\nyou prefer trading in a market that moves consistently","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133932892529,"sku":"\\V19\\C01\\003GOPA.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5e0bb621-7af3-43bb-beb5-603c11bcdbeb.jpg?v=1739657991"},{"product_id":"v191812letto","title":"V. 19:1 (8-12): Letters To S\u0026C","description":"TRADERS RESOURCE: BOOKS\u003cbr\u003e\u003cbr\u003eEditor, I am interested in trading actively (daytrading) as my\ncareer. Toward this goal, I have read several books \nBeating The Dow by Michael B. OHiggins; Your Guide To\nTrading On The Web by David L. Brown and Kassandra\nBentley; Fire Your Broker And Trade Online by Jonathan R.\nAspatore; How To Get Started In Electronic Day Trading by\nDavid S. Nassar and so much has impressed me and met\nmy interest. I recently discovered your magazine; I think it will\nbe very helpful in studying daytrading. I have two questions I\nhope you will help me with:\u003cbr\u003e\u003cbr\u003e1 Books to read to further my education in daytrading;\u003cbr\u003e\u003cbr\u003e2 A good electronic direct-access trading broker that I can\nuse in Canada.\u003cbr\u003e\u003cbr\u003eTONY SHIN Ottawa, Canada\u003cbr\u003e\u003cbr\u003eSounds like youre off to a good start with your daytrading education. For more books, look to\nthe listing found in this issue in our Traders Resource. This months featured category is books.\nYou can also explore what other books these publishers and distributors dealing in books on\ninvesting have to offer. As for a brokerage, we dont know what the rules are for trading from\nCanada. We suggest checking with individual direct-access brokers for this type of service.\nYoull find some listed in the Advertising Index toward the back of each issue of S\u0026amp;C, and we\nreviewed several in STOCKS \u0026amp; COMMODITIES in the past year: PreferredTrade (June 2000),\nCyBerCorp.com (September 2000), TradeCast (October 2000). Look also in our 2001 Bonus\nIssue, due out at year-end, for our Readers Choice Awards, which includes a category for\nonline brokerages, including direct-access brokers. Follow up by using the provided contact\ninformation.Editor","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133934924145,"sku":"\\V19\\C01\\002LET.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c3227ef4-970e-4e74-b8f8-0c9586d41983.jpg?v=1739658113"},{"product_id":"v19428sidtwo","title":"V. 19:4 (28): Sidebar: Two types of filters by John F. Ehlers","description":"\u003cp\u003eTWO TYPES OF FILTERS\u003c\/p\u003e","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133934956913,"sku":"\\V19\\C04\\040SB1.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c64bd2d9-ecae-48cf-9d01-de303dcc7330.jpg?v=1739658115"},{"product_id":"v1942monmani","title":"V. 19:10 (42-50): Money Management Indicators by Michael R. Bryant, Ph.D.","description":"Money Management Indicators by Michael R. Bryant, Ph.D.\u003cbr\u003e\u003cbr\u003eKeeping track of your systems performance will alert you to changes in market behavior.\u003cbr\u003e\u003cbr\u003eT raditional market indicators are typically based on price. Moving averages, for example, are calculated using a specific number of bars of price history. Traditional indicators can be useful for gauging price action in the market, but I wanted indicators to measure how my system was performing. So I tried out a combination of indicators based on the profit\/loss stream of a trading system.\u003cbr\u003e\u003cbr\u003eThese money management indicators are plotted on a price chart just as any other indicators. But instead of being used to analyze the market, they analyze trading systems and provide information about how a trading system is responding to the market. They are particularly useful for risk and position management. In effect, money management indicators are derivative indicators, since they are based on how the trading system responds to the market rather than on the market itself.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133934989681,"sku":"\\V19\\C10\\111MONE.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f1534703-f392-4871-ba21-d89bb7c0bf29.jpg?v=1739658118"},{"product_id":"v1998tradtip1","title":"V. 19:12 (98-106): Traders' Tips","description":"Traders' Tips\u003cbr\u003e\u003cbr\u003eTRADESTATION: FINDING KEY REVERSALS\u003cbr\u003e\u003cbr\u003eMassimiliano Scorpios article Finding Key Reversals in\nthis issue includes the EasyLanguage code for a key reversalbased strategy (a trading system) that also performs some\nbasic statistical analysis to determine how often such price\npatterns occur and how often they lead to profitable moves.\nThe strategy calls a custom function for identifying key\nreversals, and the EasyLanguage code for that is also included\nin the article.\u003cbr\u003e\u003cbr\u003eWhile the ideas presented are sound, there are some issues\nwith the code that may make it difficult to use as-is, so we are\npresenting an alternative version here. The key issues are:\u003cbr\u003e\u003cbr\u003e The code will not run on the currently shipping TradeStation\n6 platform because buy and sell statements are now written\ndifferently and stops are implemented internally in the\nEasyLanguage code instead of via external settings. (Some\nof the required changes are made automatically if you\nimport the code from an ELS file, but if you are typing the\ncode in, you need to make the changes yourself.)","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133935022449,"sku":"\\V19\\C12\\153TIPS.PDF","price":4.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a10b04b7-f991-48dd-9ce5-951b4db63ac2.jpg?v=1739658120"},{"product_id":"v19432sidada","title":"V. 19:4 (32): Sidebar: Adaptive averages by John F. Ehlers","description":"\u003cp\u003eADAPTIVE AVERAGES\u003cbr\u003e\nKaufmans adaptive moving average (KAMA)\u003c\/p\u003e","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938037105,"sku":"\\V19\\C04\\040SB2.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_cb8f8034-e865-4d78-a754-aec899c98fd1.jpg?v=1739658354"},{"product_id":"v19534screen","title":"V. 19:5 (34-38): Screening For Misvalued Stocks by Martti Luoma and Reijo Ruuhela","description":"Valuing A Stock Using Earnback Periods\nScreening For\nMisvalued Stocks\u003cbr\u003e\u003cbr\u003eby Martti Luoma and Reijo Ruuhela\u003cbr\u003e\u003cbr\u003eYou wont get an edge on finding good trades using\nthe same tools everyone uses. Heres a new look at\nfinding misvalued stocks.\u003cbr\u003e\u003cbr\u003eT\nhe price\/earnings ratio (P\/E) is\nundoubtedly the most common\nvaluation measure of a stock, and\nalso the most commonly misused.\nP\/E combines outside information\n(price) and inside information\n(earnings). Because of the central roles that price\nand earnings play, it is not particularly surprising\nthat the use of P\/E is so popular among analysts\nand investors.\u003cbr\u003e\u003cbr\u003eIt is well known that stocks should have as near\nto the same growth rate as possible when they are\ncompared using P\/E, because the valuation of a\nstock is not a matter of analyzing only a single\nyears earnings. Unfortunately, it is often\nnecessary to compare stocks with different growth\nrates. As a measure of valuation, however, P\/E\nneglects different growth rates of earnings.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938069873,"sku":"\\V19\\C05\\053SCR.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1ee92654-ff85-4923-8b7b-a289b91806f7.jpg?v=1739658356"},{"product_id":"v1926postrad","title":"V. 19:10 (26-33): Position Trading The S\u0026P by Clifton Mitchell, Ph.D.","description":"Position Trading The S\u0026amp;P by Clifton Mitchell, Ph.D.\u003cbr\u003e\u003cbr\u003eUse linear regression to predict short-term trend changes of the Standard \u0026amp; Poors 500.\u003cbr\u003e\u003cbr\u003ePsychologically speaking, bar chart lows represent\nthe lowest price that sellers are willing to take\nfor a security or commodity. If sellers are not willing to go lower on their selling price, then buyers must pay more and, consequently, prices rise. This is why a series of higher lows has long been accepted as a general indicator of prices moving higher. Evidence of this is most commonly seen when trendlines indicating upward movement are drawn such that they touch the lows of uptrending bar charts. Trends with more higher lows than lower lows can easily be recognized after they have developed. Often, however, this is too late in the move to use as a buy signal, particularly for the short-term position trader. By the time the trend is evident, most of the move is over.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133939544433,"sku":"\\V19\\C10\\109POS.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_fd04cb69-5c84-4afc-9ab8-a089b232b207.jpg?v=1739658455"},{"product_id":"v19436higpoi","title":"V. 19:4 (36-41): High-Probability Point And Figure by Joe Demkovich","description":"The Basics And Tactics Of A Western Classic\nHigh-Probability\nPoint And Figure\u003cbr\u003e\u003cbr\u003eIf you want buy and sell signals from a charting system, point\nand figure charting may be for you.\nby Joe Demkovich\u003cbr\u003e\u003cbr\u003eWhen you purchase stock in a company,\nyou must make two decisions. The first:\nWhich stock should I buy? (Thats\nfundamental analysis.) The second:\nWhen should I buy it? (Thats technical\nanalysis.) The fundamental analyst is\nconcerned with financial statements,\ncompany history, management, earnings, dividends, industry\nposition, and product popularity. The technical analyst is\nconcerned with supply and demand, accumulation, and\ndistribution. Most stocks have substantial price moves at one\ntime or another. Before a stock price goes up, it usually goes\nthrough a period of accumulation, and before the price goes\ndown, it usually goes through a period of distribution. Point\nand figure (PNF) displays highlight this behavior.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133939577201,"sku":"\\V19\\C04\\041HIGH.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_0d7f01bd-25d3-4405-9d5e-082b0a83dd35.jpg?v=1739658458"},{"product_id":"v1956673trad","title":"V. 19:5 (66-69, 73-76): Traders' Tips","description":" TRADESTATION EASYLANGUAGE\u003cbr\u003e\u003cbr\u003eRelative Performance Charting by Phil Doyle in this issue\npresents a technique for comparing the rate of price change of\ntwo or more tradable instruments. The purpose is to help find\nthe sectors with the best trading opportunities.\nRelative performance charting is a built-in feature in\nTradeStation Pro. After opening a standard linear-scale bar\nchart, enable Percent Change Charting via the Format Window\ndialog. This will change the chart to a Percent Change Chart.\nYou can then add additional securities to the same chart for\ncomparison purposes via the Insert Symbol dialog.\u003cbr\u003e\u003cbr\u003eRamesh Dhingra, Product Manager, EasyLanguage\nTradeStation Technologies, Inc. (formerly Omega Research, Inc.)\nA wholly owned subsidiary of TradeStation Group, Inc.\nhttp:\/\/www.TradeStation.com","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133939609969,"sku":"\\V19\\C05\\057TIPS.PDF","price":4.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b2578c1d-79e8-4060-89ae-8d770eeeb088.jpg?v=1739658460"},{"product_id":"v19ap85quics","title":"V. 19:14 April (85): Quick Scan: System Trac by Dennis Peterson","description":"Quick Scan: System Trac by Dennis Peterson\u003cbr\u003e\u003cbr\u003eSystem Trac is a quarterly report published\nby Trade Center Inc. (available\nas a 75-page hard copy or a PDF electronic\nfile) that compares the performance\nof many commodity trading systems.\nThe report is based on simulated\nresults from implementing the trading\nsystems; Trade Center strictly follows\nthe buy and sell signals generated by the\ntrading system.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133939642737,"sku":"\\V19\\C14\\162QS.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4fcf40f0-1817-46a6-acba-3f0ee99a902b.jpg?v=1739658462"},{"product_id":"v1910tweakth","title":"V. 19:10 (108-111): Tweak Those Spreads by Phillips Wiegand Jr.","description":"Tweak Those Spreads by Phillips Wiegand Jr.\u003cbr\u003e\u003cbr\u003eIs it possible to trade in any environment? Here are the basics of the calendar spread and how it can be used to trade the more volatile securities.\u003cbr\u003e\u003cbr\u003eIts no secret: Trying to gauge short-term market moves is a challenge. There have been too many times when it felt as though the major indices had hit a bottom. Nearly two dozen rallies since September 2000 have turned out to be bear traps. And each time traders have taken the bait, only to have the bottom fall out from under them as the broad market indices sliced through support levels. The glimmer of hope that keeps us in front of our monitors every day is the belief that the market will turn. Worse, although the market may seem to be turning around, who knows how long it will last? Do we want to keep banging our heads against the wall every day trying to take the long side and continue to be punished? Taking the short side can be just as frustrating and dangerous. How can traders take advantage of this seemingly endless cycle of no direction? Its simple: trade nondirectionally.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133940887921,"sku":"\\V19\\C10\\120TWEA.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_602a2d65-4f50-44b0-bdcc-26f9039463ca.jpg?v=1739658559"},{"product_id":"v19696broadb","title":"V. 19:6 (96): Broadening Bottoms and Complex Bottoms","description":"Novice Trader's Notebook: Broadening Bottoms and Complex Bottoms\u003cbr\u003e\u003cbr\u003eBROADENING BOTTOM\nThe broadening bottom is virtually the same as the broadening top, except it is reversed. Like the broadening top, the broadening bottom forms a symmetrical triangle. Although the broadening\ntop is a rare formation, the broadening bottom is even rarer.\u003cbr\u003e\u003cbr\u003eFigure 1 shows a typical broadening bottom with three successively lower lows and two successively higher highs that combine at the end of a downward\nmove. This gives the impression of an erratic market, as the swings in both directions get wider each time. The pattern is completed when, usually on the\nthird upswing within the pattern, prices break above the prior high but fail to fall below this level again.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133940920689,"sku":"\\V19\\C06\\072NOV.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_901a1684-bde8-4c53-9faa-3030ef493f23.jpg?v=1739658562"},{"product_id":"v1936stocofe","title":"V. 19:12 (36-45): Stochastics Of Earnings Yields by Mark Vakkur, M.D.","description":"Stochastics Of Earnings Yields by Mark Vakkur, M.D.\u003cbr\u003e\u003cbr\u003eBy combining technicals and fundamentals, you can make a\nrealistic analysis of the market.\u003cbr\u003e\u003cbr\u003ePure stock market technicians ignore\nfundamentals. To them, the chart tells the\nwhole story, while the fundamentals are\ndistracting and misleading. Pure\nfundamental analysts, on the other hand,\nignore price action. Heres a method that\nsynthesizes the best of both: converting a\nfundamental variable the interest rateadjusted earnings\nyield on the Standard \u0026amp; Poors 500 index into a technical\nindicator to maximize risk-adjusted returns.\u003cbr\u003e\u003cbr\u003eVALUATION\u003cbr\u003e\u003cbr\u003eMost technicians view price relative to a derivative of price,\nsuch as a moving average. The objective is either to identify\na trend or identify periods when the market is extremely\noverbought or oversold. However, all of these approaches\nsuffer from a common problem: Viewing price in a vacuum\nmay completely disconnect it from any underlying reality.\nThis happened during the Internet stock bubble of 2000, for\nexample, when so many momentum players rode the trend\nthat it took on a life of its own.\u003cbr\u003e\u003cbr\u003eThe fault of many pure fundamentalists is the opposite: in\nan often vain attempt to peg an appropriate valuation level\non stocks, they may buy or sell prematurely. For example,\nuntil 1959, the dividend yield on the S\u0026amp;P 500 was an\nexcellent gauge of market value. Whenever the yield on the\nS\u0026amp;P 500 dropped below that of high-grade corporate bonds,\nthe stock market was overvalued and tended to fall. A\nprofitable strategy was to sell stocks when the dividend yield\ndropped below the bond yield and buy when the dividend\nyield rose again.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133942493553,"sku":"\\V19\\C12\\142STOC.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f61661e8-dde4-41a7-9152-d73f497d643c.jpg?v=1739658684"},{"product_id":"v1998tradtip","title":"V. 19:11 (98-99): Traders' Tips","description":"NEUROSHELL TRADER\u003cbr\u003e\u003cbr\u003eHans Uhligs nearest neighbor prediction (NNP) trading\nsystem presented in his article in this issue works by finding\nnear neighbors of the reference pattern, and then averaging\nthe next moves of the neighbors to get an estimate of the next\nmove of the reference pattern. In the article, under the\nheading Refinements, Uhlig outlines a method of improving\nthe performance, wherein each neighbor is weighted in\nproportion to its distance. A further refinement he describes\nwould be to apply different weights to individual elements of\nthe pattern.\u003cbr\u003e\u003cbr\u003eHeres how to implement the NNP in NeuroShell Trader.\nWard Systems offers an add-on for NeuroShell Trader called\nAdaptive Net Indicators (ANI). This add-on was designed to\ndo exactly the near neighbor prediction as described by\nUhlig, including both refinements. This will save you from\nhaving to do the spreadsheet manipulations that Uhlig calls\nlaborious and time-intensive. The ANI add-on will not only\nmake a prediction of a coming move, but it is also capable of\nclassifying patterns as well (for example, buy or dont buy,\nsell or dont sell).\u003cbr\u003e\u003cbr\u003eAdaptive Net Indicators will work with any type of pattern\ninformation, not just previous price values. You can choose\nalmost anything for your patterns, including stochastics,\nmoving averages, or any of hundreds of other indicators. You\ncan choose your own lookback period (the amount of\nhistory to include), or allow the genetic algorithm optimizer\nin our professional versions to find the lookback period that\nmakes the most profit at the same time it finds the best\nindicators and indicator parameters.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133942526321,"sku":"\\V19\\C11\\137TIPS.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b5ffdd7f-623f-4c18-bb17-feeca0936e97.jpg?v=1739658686"},{"product_id":"v1998wormonl","title":"V. 19:10 (98-102): Working Money: Little Steps = Big Returns by Paul Merriman","description":"Working Money: Little Steps = Big Returns by Paul Merriman\u003cbr\u003e\u003cbr\u003eIncrease your profits by investing in specific sectors of\nthe market.\u003cbr\u003e\u003cbr\u003eDont put all your eggs in one basket is frequently given advice. In the investment world, this adage is about the risk of investing exclusively in one kind of\nfinancial product. But it refers to more than just investing among different asset classes such as stocks, bonds, and cash. Two of the most common methods of slicing and dicing the market are based on the size of the company (small cap, mid cap, or large cap) and its popularity (growth means popular and pricey, value means unpopular companies at supposedly bargain prices).\u003cbr\u003e\u003cbr\u003eAnother way to diversify is to divide the market along industry lines or sectors by investing in sector funds or mutual funds that specialize in specific industries.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133944623473,"sku":"\\V19\\C10\\119LIT.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_dc7db6ed-3fc4-42fb-8b31-06dec7e8aea0.jpg?v=1739658776"},{"product_id":"v19sep88prod","title":"V. 19:14 Sept (88-90): Product Review: The Bollinger Band Trading System by John Sweeney","description":"Product Review: The Bollinger Band Trading System For MetaStock Professional by John Sweeney\u003cbr\u003e\u003cbr\u003eMetaStock hasnt traditionally\nbeen an open\nplatform that others could\nuse to market their trading\nsystems. Where other vendors openly\ntout their own solution providers, Equis\nhas taken a slower stance until now.\nNow, Equis itself markets a number of\nsystems from recognized gurus, systems\nspecifically tailored to MetaStock.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133944656241,"sku":"\\V19\\C14\\199PR.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_29178d32-d140-4d5f-88b4-ef9e8353a956.jpg?v=1739658778"},{"product_id":"v1950winwitf","title":"V. 19:11 (50-54): Winning With Failure by Christopher Narcouzi","description":"Winning With Failure by Christopher Narcouzi\u003cbr\u003e\u003cbr\u003eBelieve it or not, you can take advantage of\nfailed patterns and profit handsomely.\u003cbr\u003e\u003cbr\u003eHave you ever bought a stock\nafter it broke through the\nresistance line, only to see\nthe price drop a few days\nlater? Have you ever\nbought into a breakout\nfrom a reverse head and shoulders pattern,\njust to watch that breakout fail a few days\nlater? If you had placed a stop, as recom-mended,\nyour position would have closed\nout. But you dont have to stop there. In-stead,\nclose your position and trade the stock\nin the opposite direction.\u003cbr\u003e\u003cbr\u003ePatterns form because the market expends\neffort to create a pattern that explains price\ndirection. Ideally, the activity on a price chart\nafter a pattern has started should confirm the\ncontinuation of the pattern. But if you trade\nchart patterns the way I do, you know that they\noften dont continue as expected. When this\nhappens, it means that the market refused to\nfollow through and thus should be traded in the\nopposite direction. Jack Schwager, in his\nSchwager On Futures: Technical Analysis, states\nthat a failed signal is among the most reliable of\nall chart signals. In the examples that follow,\nyoull see the strength of his statement.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133960221041,"sku":"\\V19\\C11\\128WIN.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7f9a0dbd-76e7-45fb-aa12-c77b130449f5.jpg?v=1739658866"},{"product_id":"v1954trendet","title":"V. 19:10 (54-61): Trend Detection Index by M.H. Pee","description":"Trend Detection Index by M.H. Pee\u003cbr\u003e\u003cbr\u003eCan you tell when a trends begun and when its ended? You can with this.\u003cbr\u003e\u003cbr\u003eThe trend detection index (TDI) is used to detect when a trend has begun and when it has come to an end. The TDI can be used as a stand-alone indicator or combined with others; it will perform well in detecting the beginning of trends. However, this does not mean its signals are totally accurate. Protective stops as well as trailing stops must be incorporated to produce a complete mechanical system. These stops are required to protect against large losses when the indicator generates a losing trade. The TDI is robust; it can trade a diverse portfolio of markets profitably over many years, using the same parameters throughout.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133962973553,"sku":"\\V19\\C10\\112TREN.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9e2f8009-cbfb-4893-8e63-117fd53b0a37.jpg?v=1739658999"}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/collections\/volume-19-2001-18.gif?v=1739677655","url":"https:\/\/shop.traders.com\/collections\/volume192001.oembed","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}