This book must be considered as pure technical textbook. It contains developmental method of indicator model that has been using widely such as RSI. Verdict: recommended for those who interested in fundamental basic of popular technical trading indicator formula.
Will these indicators last forever? I can't see their final. More complex things don't tend to work. Life is simple, truth is simple and the market is simple. Complexity is not the way.
The only book where all formulas , worksheets and sample datasets are provided so you really understand Wilder's concepts - there's no "fudging" or waffling of numbers. Wilder shows that he has some real insight and interesting ideas on technical trading.
The purpose of the "New Concepts in Technical Trading Systems" is to equip the reader with specific concepts, methods, and tools to use in trading. More info →