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Young, Timothy

Timothy Young is current Brisbane Chapter President  and has been for over 4 years.

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Topic: Bollinger Bands Part 1– Tim Young, ()

The second Volatility indicator we will look at is Bollinger Bands. To do justice to this indicator, we need to cover a couple of statistical terms and this will form part1; next week part 2 will study the application of the Bollinger Bands on price charts.

Developed by John Bollinger, Bollinger Bands® are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and contract when volatility decreases. (www.stockcharts.com).

Presentation points:
- Distribution of prices versus returns;
- The standard deviation formula;
- Calculation of the standard deviation of stock prices in Excel.

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Topic: Average True Range (ATR)– Tim Young, ()

The next price action component to study is Volatility and will be covered by two indicators: Average True Range (ATR) and Bollinger Bands. Volatility can be considered an important topic and according to the writings of one commentator - 'A firm understanding of the concept of volatility and how it is determined, is essential to successful investing'*. (* Boyte-White,C.,What Is the Best Measure of Stock Price Volatility?,  www.Investopedia.com, 2020).

Presentation points:
- Understanding the formula for the Average True Range (ATR);
- Excel examples of the ATR calculation using price data;
- Review of a selection of price charts and the ATR indicator.

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Topic: Volatility Overview– Tim Young, ()

The next price action component to study is Volatility and will be covered by two indicators: Average True Range (ATR) and Bollinger Bands. Before analysing these indicators, an overview of volatility should be useful; according to the writings of one commentator - 'A firm understanding of the concept of volatility and how it is determined, is essential to successful investing'*. (* Boyte-White,C.,What Is the Best Measure of Stock Price Volatility?, www.Investopedia.com, 2020).

Presentation points:
- What is volatility?;
- A look at ‘live’ volatility on an option trading platform where it is a tool-of-the-trade;
- What volatility looks like on price charts.

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Topic: The Stochastic Oscillator – Tim Young, Brisbane Chapter President

One of the main goals of every trader using technical analysis is to measure the strength of an asset's momentum and the likelihood it will continue. Momentum measures how fast a security's price is moving, and there are a variety of indicators we can look at to measure this.

This study will look at the our final Momentum indicator - the Stochastic Oscillator:
- How an oscillator works;
- The formula for the Stochastic;
- Excel analysis.

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Topic: The MACD and RSI Indicator – Tim Young, Brisbane Chapter President

One of the main goals of every trader using technical analysis is to measure the strength of an asset's momentum and the likelihood it will continue. Momentum measures how fast a security's price is moving, and there are a variety of indicators we can look at to measure this.

This study will look at the two more Momentum indicators:
- Moving Average Convergence Divergence - MACD;
- A recap of the Exponential Moving Average - EMA;
- Relative Strength Index (RSI).

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Topic: The Momentum Indicator – Tim Young, Brisbane Chapter President

One of the main goals of every trader using technical analysis is to measure the strength of an asset's momentum and the likelihood that it will continue. Momentum measures the speed at which the price of a security is moving, and there are a variety of indicators we can look at to measure this.

This study will look at:
- Leon Wilson’s 4 components of price action;
- A couple of articles on the topic of momentum;
- The mathematical formula for the indicator called Momentum;
- Divergence derivation;
- Excel calculations and chart examples.