Product / Product Information / Tandem Studies
Tandem Study is an utterly novel way of looking at the market
and anticipating the market developments that can take place
in the immediate future. It's a tool whose main purpose is analysis
of the structure of the market. The essence of Tandem study
is an in-depth juxtaposition of two adjacent market phases, - the
Primary phase and the Secondary phase.
For each phase, the medium, extreme or accumulated value of the phase
parameter is calculated.
The value can reflect the momentum, energy, acceleration/deceleration,
buying/selling pressure, volume or volatility. The formulas for the
Primary and Secondary phases can be different. The values, derived
for each of the phases, are compared or otherwise used in the calculation
of the result for a specific Tandem study.
A typical problem Tandem Study is designed to solve is answering the
question how strong a new market phase will be after the completion
of the current phase and what the duration of the new phase will be.
For example, one can use Tandem study to determine whether a bullish
trend will continue after a strung-out, convoluted correction and
whether the continuation will be strong enough to profit from it.
Similarly, when a sideway move is over, it's possible to determine
whether its breakthrough will be significant enough to profit from
it by applying Tandem study to the two previous phases. The phases
can include the sideway move and preceding bullish or bearish trend.
One can also use Tandem Studies in trading
strategies and custom
indicators to create advanced trading techniques.
the Tandem Study Analysis Explained article (a PDF file; 740KB).