New Book Can Help Investors and Traders Approach the Stock Market More Objectively and with Greater Confidence

"Truth About MACD- What Worked, What Didn't Work, and How to Avoid Mistakes Even Experts Make" is the culmination of a decade of research and experience with the MACD technical indicator; now available to stock, ETF, and futures traders in an easy-to-understand format.
By: Backtesting Report
 
Truth About MACD Book Available Now
Truth About MACD Book Available Now
WOODSIDE, Calif. - July 7, 2014 - PRLog -- Own Mountain Trading Company, dba BackTesting Report, an educational resource for investors and traders, today announced the immediate availability of a new book in the Beat the Crash series for investors and traders.  Truth about MACD: What Worked, What Didn't Work, and How to Avoid Mistakes Even Experts Make explains the inner workings and historical performance of a popular technical indicator called Moving Average Convergence Divergence or MACD.  This book shows how to make objective decisions using the MACD to trade stocks, Exchange Traded Funds, or futures.  It covers in depth how to apply MACD Divergence as a broad market indicator as well as a signal on a specific stock.  Individual investors and institutional traders can deepen their knowledge and increase their confidence via the material in Truth About MACD.

Author Jackie Ann Patterson draws on her 20+ year professional background in computer engineering as well as her experience trading MACD for a decade to provide a comprehensive reference to the MACD technical indicator.  The book illustrates how to use MACD with over 120 graphics and price charts.  Much of the data comes from simulated backtests on over 14 years of historical prices for 7,147 stocks and ETFs.  The outcome of all the experiments is organized and summarized to make it easy to understand how the MACD has behaved in the past.  Of course, past performance is no guarantee of future results.

“Technical indicators are not perfect and the MACD is no exception,” said Jackie Ann Patterson, author of Truth About MACD and founder of publisher Own Mountain Trading Company.  “That’s why it’s important to understand the strengths and weaknesses of a particular strategy.  My goal for this book is to help investors who are considering a MACD trading strategy whether or not they ultimately decide to use MACD.”

The book examines various applications of MACD.  It focuses on MACD Divergence strategies, but also covers MACD Lines Crossover and MACD Histogram strategies.  Both buy signals and sell signals are investigated, including selling short on MACD Negative Divergence.  These MACD strategies are commonly applied to stocks, options, ETFs, and futures.

The companion website to the book offers a free video on MACD in addition to bonus materials for book buyers.  The bonuses include a 30 minute audio presentation which covers eight secrets about the MACD, two introductory videos on MACD and backtesting, as well as electronic copies of all figures and tables in the book.

References:

Truth About MACD book: http://www.amazon.com/dp/1492749842/

Weekly market commentary based on MACD Divergence signals: http://divergence-alerts.com/

For a detailed definition of a MACD Divergence: http://backtestingblog.com/technical-strategies/macd-technical-strategies/macd-divergence/

The book’s companion website: http://truthaboutmacd.com

Background on backtesting: http://backtestingblog.com

Company Profile:

About Own Mountain Trading Company dba BackTesting Report: http://home.backtestingreport.com  In-depth research, multimedia, and software to help individuals and institutions develop strategies for various markets including US stocks and Exchange Traded Funds (ETFs).

Jackie Ann Patterson tests investment strategies to better understand what to expect when trading the markets. Her publications include Truth About ETF Rotation, a dozen BackTesting Reports, and several research articles for Fidelity Investments.  She is a frequent speaker for Traders Expo, MoneyShow, and other trading/investing groups.

Ms. Patterson's successful high-tech career spans more than 20 years in a variety of engineering, marketing, and management roles. She has more than 15 years of experience in the stock market and has won awards in trading competitions.

Ms. Patterson enjoys applying her skills and expertise to help people understand trading strategies.  She holds a computer engineering degree and programmed in 12 computer languages before graduating from college.

Disclaimer:  HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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