The Market Technicians Association, Inc. invites all technical analysts to submit a paper for the 2014 Charles H. Dow Award for excellence and creativity in technical analysis. The submission deadline for 2014 award is February 1, 2014. The winner will be selected on or before May 1, 2014. The winning author will receive a cash prize and will be invited to present the paper at an MTA seminar or chapter meeting. The paper or a summary may be published the MTA’s Journal of Technical Analysis, Technically Speaking e-newsletter, and posted to mta.org. At the discretion of the judging panel, the authors of runner-up papers will receive certificates.
The competition is open to anyone with an interest in technical analysis. By submitting a paper the author consents to the following terms of the competition.
2. Standards of Judgment
A paper will be judged according to the following standards:
The paper is based upon the concepts of technical analysis.
The topic is substantive.
The research is thorough. The presentation of an indicator, strategy, or system shall:
A. Include the results of applying the technique to a sufficient quantity of data that covers at least one full market cycle and preferably longer.
B. Show the application of accepted standards of testing, including but not limited to, statistical significance, Chi square, Monte Carlo simulations, and statistical correlation. Determining what is sufficient testing will depend on the particular paper, but where practical the author will be expected to show statistical significance for at least one full market cycle and preferably longer.
The writing meets generally accepted standards of style for publications and college level writing.
The analysis and conclusions are useful and enhance the understanding of market action.
A paper shall not have been previously published in any media made available for public dissemination.
A paper should be written for an audience of knowledgeable technical analysts.
A paper shall not contain less than 1,500 or more than 4,500 words including footnotes and endnotes. The text must be a persuasive and conclusive presentation of the subject. Charts, tables, and figures should be used to exemplify or supplement the text and should not be the primary means of conveying the author’s points. Charts, tables, and figures should be placed in appropriate sections of the text and shall be individually labeled in numerical sequence. When it is not possible to do so, they shall be presented in appendices. Statistical supplements are encouraged. All references to the author’s name shall be removed from the text. All references to other materials and indicators created by the author shall be removed or disguised in such a manner that the judging panel cannot identify the author. The judging panel will not consider any paper that does not comply with these guidelines.
One electronic copy and six hard copies of the paper shall be submitted to: Charles H. Dow Award, Market Technicians Association, Inc., 61 Broadway, Suite 514, New York, New York, 10006-2701. The electronic copy shall be submitted in a Microsoft Word (DOC) file on a CD-ROM. The six hard copies of the paper shall have a title page that shows only the title of the paper. A separate, unattached title page shall be submitted that shows the title and the author’s name, mailing address, and telephone number. The judging panel will not consider any paper that does not comply with these guidelines.
The last day for submitting papers is February 1, 2014. Submissions postmarked on or before that day will be accepted. Entries received after that date may be accepted at the discretion of the judging panel.
6. Judging Panel
The judging panel will be selected from prior winners of the Charles H. Dow Award, full Members of the MTA, and representatives of sponsoring organizations. Members of the Board of Directors of the MTA, excepting the editorial board of the MTA’s Journal of Technical Analysis, shall not be eligible to serve on the judging panel. The chair of the Award Committee will be a non-voting member of the judging panel. No author shall ask for or receive assistance of any kind from a member of the judging panel.
7. Decisions of the Judging Panel
The decisions of the judging panel will be final and without recourse for reconsideration by the judging panel, the MTA, or sponsoring organizations. Prior to announcing a decision, the judging panel may in its discretion ask an author to revise a submission. The judging panel also reserves the right not to select a winner, for the given year, if it deems that there are no submissions that are worthy of being given the award.
8. Cash Prize
The recipient will receive a cash prize and will be invited to present the winning paper at a national MTA seminar or a meeting of an MTA regional chapter. If applicable, all federal, state, and local taxes shall be the sole responsibility of the recipient. The paper or a summary may be published in the MTA’s Journal of Technical Analysis, the MTA Technically Speaking e-newsletter, the MTA website, and the MTA Knowledge Base. At the discretion of the judges, the authors of runner-up papers will receive certificates.
The MTA may publicize the award, its recipients’ names (but not necessarily their places of employment) and all or part of the winning paper or runner-up papers. Award recipients and runners-up may publicize their awards in an appropriate manner without undue enhancement.
10. Authors’ Copyright and Permission to Produce and Distribute Copies
The author of the winning paper and of papers awarded certificates shall retain the copyrights to the papers, but the authors shall permit the MTA to produce and distribute copies in any medium of all or part of a paper.
11. Return of Materials to Authors
Papers, charts, tables, and figures will not be returned to the authors following the conclusion of the competition.
12. Invitations for Submissions
Invitations for submissions and guidelines shall be published in the MTA Technically Speaking e-newsletter and posted on the MTA website at least 120 days prior to the last day to submit papers. Invitations may be publicized in any manner chosen by the MTA in order to reach the largest number of interested people.
13. Chartered Market Technician (CMT) Papers
A paper submitted to the MTA to fulfill the requirements of the Chartered Market Technician program shall not be eligible for the Charles H. Dow Award unless the MTA has approved the paper as a CMT submission. After receiving this approval, the paper can be submitted for the Charles H. Dow Award competition.