Would you guys know of any technical analysis courses or seminars? I am looking for really advanced courses that would teach you everything you need to know about all of these technical indicators and how they are calculated. thanks a lot Rob

Lesson 1: Understanding the SC oscillator construction. [code:1:2bce7b1529]{ SillycastiC oscillator Plots midPoint as a % of hiPoint/loPoint range http://www.metastocktools.com } { User inputs } pointA:=Input("(high)Point A",-100,100,10); pointB:=Input("(mid)Point B",-100,100,6); pointC:=Input("(low)Point C",-100,100,3); plot:=Input("plot: [1]SC % Value, [2]make it Interesting",1,2,1); { Sort Hi/Lo points } hiPoint:=Max(pointA,pointC); loPoint:=Min(pointA,pointC); { Restrict mid-point to within A-C range } midPoint:=If(pointB>hiPoint,hiPoint,pointB); midPoint:=If(midPoint<loPoint,loPoint,midPoint); { Sc Osc } Range:=Max(hiPoint-loPoint,.00001); ScOsc:=(midPoint-loPoint)/range*100; { Interesting Sc Osc version } ScOscInt:=ScOsc*Sin(Cum(1)); { Plot oscillator in own window } If(plot=1,ScOsc,ScOscInt) [/code:1:2bce7b1529] jose '-)

... and here's me looking like a fool when I pronounce it "so car sick" or "sarcastic" ;) wabbit :D

Before you ask if I'm making up new words... ennui - a feeling of weariness and dissatisfaction. hexa - a numerical prefix is a prefix that denotes a number, such as hexadecimal (16). dosis - designates the quantity of a material. ennuihexadosis (sometimes ennuibinarydosis) - a feeling of weariness and dissatisfaction with large doses of things numerical in nature. jose '-)

smg, Check your numbers! Like a red rag to a bull are numbers to a maths student! 142857 * 1 = 142857 142857 * 2 = 285714 142857 * 3 = 428571 142857 * 4 = 571428 142857 * 5 = 714285 142857 * 6 = 857142 142857 * 7 = 999999 142857 * 8 = 1142856 (take the leading 1 and add it to the last digit 6 to make 7 - read 142857) 142857 * 9 = 1285713 (take the leading 1 and add it to the last digit 3 to make 4 - read 285714) 142857 * 10 = 1428570 (take the leading 1 and add it to the last digit 0 to make 1 - read 428571) 142857 * 11 = 1571427 (take the leading 1 and add it to the last digit 7 to make 8 - read 571428) 142857 * 12 = 1714284 142857 * 13 = 1857141 142857 * 14 = 1999998 (doesnt follow here, but leading 1 and trailing 8 make 999999) 142857 * 15 = 2142855 142857 * 16 = 2285712 142857 * 17 = 2428569 142857 * 18 = 2571426 142857 * 19 = 2714283 142857 * 20 = 2857140 142857 * 21 = 2999997 (doesnt follow here, but leading 2 and trailing 7 make 999999) etc system has "breaks" when the multiplier is itself a multiple of 7. Prime numbers: So the first prime numbers are: 1 (is NOT prime - p>1) 2 3 5 7 11 13 etc How does dividing 1 by the primes fit into the scheme? 1/2 = 0.5 1/3 = 0.3333333... 1/5 = 0.2 1/7 = 0.142857 (approx) (this one might have some validation?) 1/11 - 0.090909090909090... wabbit :D

Rob, the above posts are worth reading for their hilarity and I agree with the main point - there's many ways to waste money on "experts". How far along the TA learning curve are you? (FWIW, I'm still an embryo myself). Not knowing the answer to this question, here's just a couple of ideas: "Technical Analysis for Dummies" by Barbara Rockefeller - inexpensive and pretty good. One of the bibles is "Technical Analysis of the Financial Markets" by John Murphy - his "The Visual Investor" is also very good. If you want to understand Bollinger Bands and associated indicators (I find these very intriguing; MetaStock has some Bollinger functions and there are two Bollinger plugins for MS), go to the source: "Bollinger on Bollinger Bands" by John Bollinger and his homepage http://www.bollingerbands.com/ellent resource with many sharp people participating worldwide. I think you have to invest in software tools (like MetaStock) and educational materials, but you don't have to waste money. One other thing: it's brutally difficult for a geek like me to come to terms with, but I'm becoming a believer in trying to understand something about the psychology of markets and the psychology you'll need within yourself if you want to be a successful trader - I haven't worked through it all, but you might consider "Trading in the Zone" by Mark Douglas and "Trading for a Living" by Alexander Elder, among others. Yes, my book pile grows on a regular basis. As an addendum to Hayseed's post (just below), you can go to https://www.metastock.com/customer/resources/TAAZ/

Take the CMT exam (over 3 Levels) self-study, some lessons online. gives you an excellent overview and when you prepare for it, you will be reading in a systematic manner. www.mta.org It' s like the CFA, but a lot less material, and a good systematic approach to it. It won't teach you the holy grail, but it's well worth it. Of course you could also just download their curriculums and read the required books without doing an exam.