Where many older indicators are based on empirical observations, we now have the ability to derive indicators from the natural structure of the market itself. Patterns that were difficult to observe with primitive tools now emerge for examination. This manual has been written to explain these indicators and to give traders an increased understanding of the markets in order to diminish risk and increase profits. A trader's personality and experience will play a role in his or her experience in using Kase StatWare. Manual Conventions Throughout this manual, the following conventions are used.
Italics identify dialog box options.
Before You Begin Become familiar with the basics of ProphetX charting using one of the following sources. The ProphetX User Guide, provided for firms installing the full ProphetX system. This publication contains excerpts on the use and interpretation of Kase studies from the Kase StatWare manual, copyright 1998 Kase and Company, Inc., reprinted with permission. This publication could include typographical errors or technical inaccuracies. Changes are periodically made to the information herein.