accounting

Whilst this book provides a useful summary of all the well known technical analysis tools, there should have been more details on manyl of thel formulas given here. This treatment makes the book more of a reference source to find the indicators you would like to use and then have to probably buy the inventor's original book with more explanations and details. Also some formulas are too complex to use manually and would require to spend on purchasing the necessary software as well. The main helpful thing is that there are charts illustrating the tools which could probably be helpful to newcomers of some of these indicators.

I own a lot of books on investing and technical analysis and can say there is nothing like this new edition from Mr. Achelis. Yes, the discussions on each indicator are brief (2 to 4 pages), but there are something like 130 indicators! And unlike the first edition (which I recall reading that it had sold almost 100,000 copies), the new edition shows the MATH behind almost all the indicators (no other book I've seen covers the calculations on so many indicators). Even if you own the first edition, this is worth the money.

TA from A-Z is an excellent desk reference that describes in great detail a hundred or so different technical indicators, how they are used and also how to calculate them.

I'm not alone in liking this book. Steven Nison, Walter Bressert, John J. Murphy, William O'Neil , Martin Pring and John Bollinger all wrote glowing reviews for this book.

Reed Floren