Has anyone read either of these books? They look very interesting to me. Especially the first one, which appears to be about applying modern signal analysis techniques to stocks… so we’re talking about adaptive filters that “lock on” to trends and cycles, versus a fixed-period EMA for instance. I’ve noticed that I have to use most indicators as “good enough,” and kind-of filter out the rough spots by mentally ignoring them when they seem not to apply. You know, like when a price seems to plow through a given MA again and again, I’m not going to pretend it might be support 10 minutes later! Well, maybe these more advanced indicators apply more often. Sounds like something I’d like to play with, if it’s any good.

[EDIT: If you've blocked my beautiful Amazon images, the two books are: Cybernetic Analysis for Stocks and Futures by John Ehler, and Evidence-Based Technical Analysis, by Davin Aronson.]