OVERVIEW

Chartered Market Technician (CMT) is a professional designation that confirms proficiency in technical analysis of the financial markets. The CMT designation requires completion of an education program and examination series in technical analysis. Chartered Market Technicians Association (CMT) oversees the program curriculum and administration of exams. Candidates who pass all three examination levels of the program can earn the Chartered Market Technician designation, which certifies that the individual is competent in technical analysis.

The CMT Program

 

The CMT Association is a global credentialing body with nearly 50 years of service to the financial industry. The Chartered Market Technician® (CMT) designation marks the highest education within the discipline and is the preeminent designation for practitioners of technical analysis worldwide. Our market philosophy is grounded in behavioural economics and extends beyond classical pattern recognition techniques, including quantitative approaches to market research and rules-based trading system design and testing. Technical analysis provides the tools to successfully navigate the gap between intrinsic value and market price across all asset classes through a disciplined, systematic approach to market behaviour and the law of supply and demand.

The objectives of the CMT Program are:

  • To guide candidates in mastering a professional body of knowledge and in developing analytical skills;
  • To promote and encourage the highest standards of education; and
  • To grant the right to use the professional designation of Chartered Market Technician (CMT) to those members who successfully complete the Program and agree to abide by the CMT Code of Ethics.
  • In order to be granted your CMT designation, you must meet the following requirements:
  • Successful completion of all three (3) levels of the CMT Exam.
  • Have been gainfully employed in a professional analytical or investment management capacity for a minimum period of three (3) years and must be regularly engaged in this capacity at the time of successfully passing all three (3) levels of the CMT Exam.

Study CMT with ISBF :

ISBF Training Centre is proud of the fact that due to our superior quality training, we are currently tuition provider of not only CMT but all professional finance qualifications. For CMT, we are the only training centre in BANGLADESH to employ only those trainers who have taken the intensive "CMT Train the Trainer Course" from abroad.

SYLLABUS

CMT Level 1 Exam tests the candidate's knowledge of six basic areas of technical analysis:

  1. Terminology of technical analysis
  2. Methods of charting
  3. Determination of price trends/basics of pattern recognition
  4. Establishing price targets
  5. Equity market analysis
  6. Applying the technical analysis to bonds, currencies, futures and options

The CMT Level 2 Exam requires the candidate to demonstrate a greater depth of competency and proficiency by applying more advaced analytical techniques.

  1. MTA Code of Ethics
  2. Technical Analysis of Stock Trends
  3. Elliott Wave Principle
  4. New Trading Systems and Methods
  5. Technical Analysis The Complete Resource for Financial Market Technicians
  6. Japanese Candlestick Charting Techniques
  7. Investment Psychology Explained
  8. Technical Analysis Explained
  9. Evidence‐Based Technical Analysis
  10. The Definitive Guide to Point and Figure

Examination:

The three-part CMT examination includes:

  1. Definitions(“terminology,charting methods,and ethics”)
  2. Application (“concepts such as “Dow Theory, Elliott Wave, Intermarket, etc.”)
  3. Integration (“competency in ethics and in rendering technical opinions integrating multiple aspects of technical analysis. Essay responses should be of the quality of technical research published by practising CMT charter holders.”)

Level

Duration

Examination Type

Examination Pattern

1

2 hrs. 15 mins.

MCQ’s (Objective)

132 multiple choice questions

2

4 hrs. 15 mins.

MCQ’s (Objective)

170 multiple choice questions

3

4 hours

Essay

240 points

* The CMT goes through a rigorous standard setting process to determine the passing score. This can fluctuate from exam to exam, and for these reasons the passing score is not disclosed