The annual IFTA conference for 2016 will be hosted by the Australian Technical Analysts Association (ATAA) in Sydney, Australia, from Friday 21 – Sunday 23 October 2016 at The Menzies Sydney Hotel.
Francesco Caruso is proud to be one of the Official Speakers.
Francesco Caruso was born in Milan, Italy in 1960. He graduated in Economics (Bocconi University). Since 1989 Francesco focused on the development of trading systems and on the application of technical and algorithmic analysis to asset management and asset allocation, as a fund manager and chief of relevant European financial organizations. He published books and articles for financial media and created many technical models and indicators, such as the Composite Momentum®.Francesco won two times the international award Leonardo d’Oro della Ricerca Finanziaria® in the technical analysis division (1997 and 1998). In 2008 he became the first MFTA (Master of Financial and technical Analysis) in the Italian history and was awarded by IFTA with the John Brooks Award® for the best MFTA paper. The paper, “Technical Tools and Equity Selection: A Reward/Risk Rating Indicator for the Stock Market Components”, was also published in the official 2010 IFTA Journal. In 2011 Francesco entered the newly organized SIAT Award contest and won it in 2011 and 2015.Francesco owns an Italian leading firm in independent financial advisory; he is also advisor for banks and funds and is Associate Professor at the Cassino University in the Executive Master in “Quantitative and Technical Analysis of the Financial Markets”.He is Vice President of SIAT, the Italian Technical Analysis Society and President of the Scientific Committee of the association. Francesco held many courses and conferences on technical analysis and markets and has already been an official speaker at IFTA 1998 (Rome) and IFTA 2006 (Lugano).
Revisiting the classical definition of “trend” through the profitability analysis of a directional model
As technical analysts, we are used to define a trend by its visual structure: but this is just the surface of the story. What does “trend” and “trading range” really mean in terms of profitability? How you can use the market itself to generate essential information on its own response to directional techniques and models? Can this information be used as an operational filter?
In the first part of his talk Francesco Caruso will present the construction of a directional model based on the Heikin-Ashi technique and will discuss the implications of the results, focusing on the statistics.
In the second part, he will discuss the application of this directional model to asset allocation through a multi-portfolio strategy, invested in the most common asset classes (equity indices, gold, government bonds, emerging markets bonds, high yield bonds, cash) through ETF’s. He will focus on the construction, the statistics and the results. These strategies are currently traded successfully in a UCITS V fund with certified performance and were implemented for several years in institutional managed accounts and in advisory with public track records.
The IFTA Annual Conference is the leading annual event for all Technical Analysts from around the world. Finance Sector Senior Managers, Fund Managers, Asset Allocators and Financial Planners will find it invaluable in their professional work. Experienced private financial market traders and investors will gain new insights into sophisticated strategies. Less experienced traders and investors will have the opportunity to mix with and learn from leaders in the field and greatly expand their breadth of understanding.
The theme of this year’s conference is “From Theory to Profitability: achieving better returns through technical analysis” – Technical Analysts are evidence based decision makers and can demonstrate the effectiveness of their theories by being profitable.