CMT-Level-II Exam Dumps - CMT Association CMT Program Questions and Answers

TRIN

McClellan Oscillator

Ayres-Hughes Breadth Indicator

The SENTIX Index

A complete bull market cycle is made up of eight waves, three waves up followed by five waves down

A trend divides into three waves in the direction of the next longer trend

Corrections always take place in five wave patterns

The two types of simple corrections are zigzags and flats

It examines the most recent closing price as a percentage of the price range over a window of time

It is not as sensitive to recent price action as other indicators like Rate of Change

It moves in the same direction as the Williams %R indicator

It works best in a trending market, when it confirms the direction of the primary trend.

Trend lines

Stops

Directional movement index

Average divergence index

Switch time frames

Remove price trend

Remove volume trend

Use n period extremes

In an uptrend, volume should increase on down days

In a downtrend, volume should increase on up days

Price precedes volume

Volume precedes price

Triangles are usually second waves preceding a longer third wave

Waves can be expanded into longer waves and subdivided into shorter waves

In the stock market, wave 5 is the most common to extend

The Pythagorean theorem is the mathematical basis for Elliott Wave Theory

There is a different measuring objective for each

Flags fly at half mast and pennants are considered reversal patterns

The move after the pattern will be equal to the move before the pattern

Half the distance of the preceding move from breakout to the flag or pennant

Sharpe ratio

Calmar ratio

Sortino ratio

Treynor ratio

There must be a reason for its existence and it must have regular intervals between peaks

There must be confidence that the cycle will continue and it must be synchronized with another cycle

There must be a reason for its existence and confidence that it will continue

There must be a way to forecast it and it must be synchronized with another cycle