Ebook Free Download | Rocket Science for Traders: Digital Signal Processing Applications by John F. Ehlers | In this day and age of readily available information, super computers and advances in computational tools, the markets are becoming extremely efficient. If a trader or investor wants to keep pace or even "beat the market", he must become more sophisticated. Rocket Science for Traders offers traders the tools necessary to survive in the equity and commodity markets. The math and accompanying monologue may be difficult but the premise is simple. If the markets are somewhat inefficient then past prices contain information that is exploitable by the trader. But the past prices will also contain unwanted "noise". John Ehlers book provides the tools necessary to eliminate the noise offering traders a clearer picture of where the markets are heading. If someone understands this they can skip the math and derivations and simply copy the code into TradeStation and immediately use the indicators and systems. Or, better yet, use the indicators and cycle length measurements as inputs into other systems and indicators making them truly adaptive and powerful.
I agree with the reviewer who said to "keep it simple." However, we should remember Einstein's recommendation that a model should be "as simple as possible, but not simpler." This book offers traders the ability to use state of the art signal extraction in their simple models. Anyone that develops his or her own trading strategies based on technical analysis must have and USE this book.
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