Francesco Caruso

MFTA, SIAT Vice President, President of the Scientific Committee and IFTA Board Member

Francesco Caruso, MFTA, is owner and founder of Market Risk Management, an investment advisory company that provides technically-driven money management services, and develops and provides proprietary research for institutions and individuals.
Member of the IFTA Board, Vice President of SIAT, the Italian Technical Analysis Society and President of the SIAT Scientific Committee. Official speaker at the IFTA Conferences 1998 (Rome), IFTA 2006 (Lugano) and IFTA 2016 (Sydney).
He has more than 25 years of experience in the development and application of quantitative analysis to asset management and asset allocation models. He published several books and articles and created technical models and indicators available on most financial charting software and platforms, such as the Composite Momentum, the DiffRS, the ATR Bands, the Thermic Indicator and the Fear/Complacency Index. He is actually managing a fund and developing a new AI software based on his models, indicators and algorithms.

 

Awards:

• “John Brooks” Memorial Award IFTA 2008 (best MFTA paper)

• “Leonardo International Award” of the Financial Research 1997 and 1998

• SIAT Technical Analysis Award 2011 and 2015.

Mr. Caruso is a frequent lecturer and is involved in projects and courses regarding the diffusion of technical and quantitative analysis. He is Visiting Professor at the Cassino University and teacher in the SIAT Master course and in the Executive Master in “Quantitative and Technical Analysis of the Financial Markets”.

 

 

ABSTRACT

The Composite Momentum: a new indicator for traders and investors

In his talk, Francesco Caruso will present a technical indicator, the COMPOSITE MOMENTUM OSCILLATOR (CMO), designed to identify the underlying trend, turning points, overbought / oversold and potentially profitable momentum / price setups through an intuitive reading and simple rules. He will also present an exhaustive statistic on the use of the CMO as a momentum-based trading system and discuss:

– how and when to use the indicator as a trend following and/or countertrend analytical tool

– how to trade trend reversals and trend extensions

– how to apply cycle screening and cyclic rating to a stock universe to detect winners

– how to use the CMO to identify and understand cycles

The COMPOSITE MOMENTUM has recently been included among the official studies/indicators of technical analysis on the BLOOMBERG platform. The study is part of the paper awarded with the first edition (2008) of the IFTA “John Brooks Award”.