Breakthrough technical analysis tools that will put traders in a better position to succeed
In his quest to become a profitable trader, author Pascal Willain developed three new technical tools, which represent a significant advancement in technical analysis: Effective Volume, Effective Ratio, and Active Boundaries. These tools, which are the first to take full advantage of decimalization, perform a minute-by-minute statistical analysis of the relationship between price and volume to measure a stock's supply/demand imbalance and the level of traders' expectation. In essence, Willain's approach allows him to track the behavior of large traders, providing an early indication of changes in trend. With Value in Time, Willain skillfully outlines his successful trading system and reveals what readers must do to incorporate it into their everyday trading activities.
Pascal Willain (Waterloo, Belgium) is a Belgian entrepreneur with a background in mathematics and software engineering. He was a featured trader in Dr. Alexander Elder's book, Entries & Exits (978-0-471-67805-2), from Wiley.