History of the AB=CD Pattern In 1935 a book was published for sale to investors at an incredible price of $1500. That book was Profits in the Stock Market by H.M. Gartley. On page 249 Gartley describes a chart pattern, “Practical Use of Trend Lines,” which we now call the AB=CD Pattern. Gartley’s description of
Developed by J. Welles Wilder, Jr. this indicator is intended to measure true range over time and is also known as Average True Range. It is the greatest difference between: This period’s high and low, the previous period’s close and this period’s high, the previous period’s close and this period’s low.
Developed by J. Welles Wilder, Jr. this indicator is similar to the Exponential Moving Average. It is slow to reflect price changes compared with other moving averages. Wilder’s Smoothing is used as a part of Wilder’s RSI.
Firm: Shumway Capital PartnersCity: Greenwich, Connecticut2008 Age: 422008 Assets Under Management (AUM): $6 Billion+ Chris Shumway, a protégé of hedge fund pioneer Julian Robertson at Tiger Managment, founded Shumway Capital Partners in 2002.
An Engineer, turned real estate developer, turned technical analyst, Welles Wilder developed several important technical indicators including Average True Range, the Relative Strength Index, Directional Movement and the Parabolic Stop and Reverse. See also: Interview with Welles Wilder Related Websites: DeltaSociety.com Official Home of the Delta trading secret: the hidden order in all markets. Predict