This volume is the result of a symposium entitled "Variation in Life Histories: Genetics and Evolutionary Processes" sponsored by the Program in Evolutionary Ecology and Behavior of the University of Iowa and held in Iowa City on October 13 and 14, 1980. Prompted by a recent upsurge of interest in the evolution of life histories, we chose this topic because of the obvious association between life history traits and Darwinian fit ness. If such an association were to be fruitfully investigated, it would require the closer cooperation of population and evolutionary ecologists and quantitative and population geneticists. To encourage such an association, our symposium had four major aims: first, to facilitate intellectual exchange across disciplines among an array of biologists studying life histories; second, to encourage exploration of genetic variance and covari ance for life history traits; third, to consider the ecological background for genetic vari ability; and finally, to facilitate a comparative overview both within and among species. Obviously such broad aims cannot be met totally in a single volume, but we think we have succeeded reasonably well in providing a representative and nourishing intel lectual feast. We see this book as a stimulus to the coordination of future efforts in an important and expanding area of inquiry. We have divided the book into six sections."

A guide to the latest, most promising technical indicators and their applications

Momentum, direction, and divergence are the three basic components of nearly all technical indicators used in the analysis of stock and commodities trading. And for those who understand them and their applications, they are also the pillars of a high-performance trading strategy. In this groundbreaking book, technical wizard William Blau schools financial professionals in all three. Combining the latest financial information with dozens of eye-opening graphics, Blau clearly, concisely, and with a minimum of complex mathematics:

• Introduces the principle of double smoothing and develops potent new indicators based on double smoothing techniques
• Describes the uses and limitations of a variety of notable technical indicators
• Explains momentum, direction, and divergence and new ways to apply them
• Presents the True Strength Index and shows how it can dramatically improve most directional indicators
• Provides new ways of identifying divergence that make implementation far simpler than ever before

MOMENTUM, DIRECTION, AND DIVERGENCE

The Wiley Trader's Advantage is a series of concise, highly focused books designed to keep savvy traders in tune with the latest successful strategies and techniques used by the keenest minds in the business.

In this latest volume, technical expert Bill Blau shows you how momentum, direction, and divergence form the basis of most technical indicators and how they can work for you to provide a considerable competitive advantage. Clearly, concisely, and with a minimum of complex mathematics, Blau shows you how to understand and apply them. Integrating the latest financial insights with more than 75 easy-to-follow graphics, Blau describes the uses and limitations of many of today's most notable technical indicators. He then demonstrates a variety of ways in which the principles of momentum, direction, and divergence can be used to create a versatile new set of technical indicators or to improve the effectiveness of the most widely used traditional indicators.

Focusing on the groundbreaking double smoothing concept, which he introduces for the first time in this book, William Blau:

• Develops reliable new momentum indicators based on double smoothing techniques
• Shows how these indicators improve the effectiveness of most popular oscillators, including the RSI, MACD, and stochastic indicators, by solving a host of timing problems
• Combines the standard Welles Wilder techniques with his original True Strength Index to improve the effectiveness of most directional movement indicators
• Introduces new ways of identifying divergence that make implementation simpler than ever
• And much more

A complete guide to the most potent new indicators and their applications, Momentum, Direction, and Divergence is an indispensable resource for traders, portfolio managers, and all financial professionals.