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From the Back Cover
Praise for Cybernetic Analysis for Stocks and Futures ?If John Ehlers writes it， I read it. He’s that brilliant.?
----Larry Williams
trader and author of Commodity Timing ?Cybernetic Analysis is a treasure of new and innovative ideas. John Ehlers has put aside the traditional mathematics of cycles and written a totally readable， thought-provoking， and user-friendly book on new indicators and trading methods. I particularly liked his work on the Fisher Transform， probability distributions， and true lag， which are a great contribution. This is a must for all analysts.?
----Perry Kaufman
author of Trading Systems and Methods and A Short Course in Technical Trading ?John Ehlers ranks with Art Merrill as the best quantitative technical analyst of the twentieth and， probably， the twenty-first century. The success of his insight--employing digital signal analysis--is fully demonstrated in this volume， a worthy addition to his earlier， Rocket Science for Traders. For substantive， fully disclosed techniques you can use every day， this material is the best there is.?
----John Sweeney
former editor of Technical Analysis of Stocks & Commodities magazine Breakthrough Trading Tools--and Updated Applications--for Dramatically Increased Forecasting Accuracy in Every Market Over the past two decades， John Ehlers has built a worldwide following with his unprecedented ability to combine the scientific knowledge of an engineer with the instincts of a top trader. In Cybernetic Analysis for Stocks and Futures， Ehlers--author of the groundbreaking Rocket Science for Traders--introduces serious traders to all-new methods for applying digital signal processing techniques to market forecasting. Let Ehlers’s latest book show you how to: Obtain accurate cycle measurement within five samples Make indicators adaptive to market conditions using the measured cycle period Sharpen market turning points by manipulating the Probability Distribution Function using the Fisher Transform Discern the onset of trend modes and cycle modes Generate dependable buy and sell signals in any market Cybernetic Analysis for Stocks and Futures combines all-new indicators with innovative uses of proven indicators to give you that rare edge that makes trading more pleasurable and profitable， in virtually every market and environment.

About the Author
John F. Ehlers received his BSEE and MSEE from the University of Missouri and did his doctoral work at the George Washington University， majoring in fields and waves and minoring in information theory. A private trader since 1976， he is currently President of MESA Software (mesasoftware.com) and author of Rocket Science for Traders (Wiley) as well as numerous articles for Futures and Technical Analysis of Stocks & Commodities magazines. He has now expanded the scope of his contributions to technical analysis through the application of scientific digital signal processing techniques.