: Wilder focused on creating rules-based systems to remove human emotion and subjective interpretation from trading decisions.
: A system that provides dynamic trailing stop-loss levels, designed to keep traders in winning trends while exiting quickly when a reversal occurs. Core Strengths New Concepts in Technical Trading System
The book is most famous for debuting several "classic" tools that revolutionized how traders quantify market movement: : Wilder focused on creating rules-based systems to