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1. Which of the following is the correct method to plot a percentage change in point-and-figure charts?
A) The approximated prices are plotted as a number
B) The prices are converted into their arithmetic equivalent and plotted as an arithmetic number
C) The prices are converted into their logarithmic equivalent and plotted as a logarithmic number
D) The exact prices are plotted as a number
2. Which of the following is a CORRECT usage of an oscillator constructed using two moving averages?
A) To pinpoint the crossing of two moving averages
B) All of the above
C) To help identify long-term variations from the short-term trend
D) To spot confirmations between technical indicators
3. Which of the following is an important point in interpreting chart patterns?
A) Chart pattern interpretation is based solely on the current pattern and ignores the prior trend
B) Longer-term patterns are more valid than shorter patterns
C) Chart patterns should be interpreted separately from trendline analysis
D) Topping patterns usually have smaller price ranges and take longer to build
4. The MTA Code of Ethics applies to:
A) Affiliates only
B) All of the above
C) CMT candidates
D) Members only
5. All of the following are similar technical indicators, EXCEPT:
A) Stochastics
B) Relative Strength Index
C) The Sentix Index
D) Williams %R
Solutions:
Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: C |
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