May 2019 Meeting

Next meeting
Thursday, May 2nd, at 7:30 PM

The Ring House
1801 East Jefferson Street
Rockville, MD 20852

Presentation Speakers:

John T. Nelson,
SMT Vice President

Tom Beckman,
SMT Member


Heikin-Ashi Bars (John)
Extreme Reversal Trading System Update (Tom)

Join us for our May meeting when our own John and Tom, both SMT Members, will present two different topics.

John will present an introduction to Heikin-Ashi Bars. Heikin-Ashi bars are similar in appearance to conventional candlesticks except that the price bars are calculated as an average of the OHLC from the prior bar. As a result, H-A bars display different properties (e.g. trends are smoothed with no gaps). H-A bars are excellent for confirming trends and signaling reversals. John will present the basics of charting with H-A bars and the rules for a basic trading system on the Think or Swim platform and AmiBroker.

Tom Beckman will begin by presenting an update to, and discuss the current status of, his Extreme Reversal Trading System, and discuss what may come next and why.

See you at the May meeting!

Members may pay dues by check or cash at the meeting ($45), by credit card at the meeting ($47 total using our mobile reader), or on the SMT web site ($47) using either a credit card or PayPal. Web site and credit card payments are an additional $2 to cover SMT online banking costs. Dues increased to $45 in 2018. New members may join at anytime for the same due and their membership will be valid to 12 months after the date of payment.

A reminder, our meeting will be held in the downstairs social hall and we will have high speed WiFi available.

If you missed any of our meetings since June 5th, 2014, members can log on to the SMT web site and view the video of the meeting presentation in addition to downloading the presentation. Go to the “Resources” menu tab, then select “Meeting Videos”

SMT logo coffee mugs will be available for purchase at the meeting, $5 for members, $7.50 for non-members. If you are a member and have not picked up your SMT lapel pin, see Sondra Katz at the meeting. The new SMT logo Power Bricks will be available for sale to members for $15, $17.50 for non-members. We will also have the new SMT logo golf shirts, for $25.