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The CMT-Level-II Exam consists of two parts: a multiple-choice exam and a case study. The multiple-choice exam covers a range of topics related to technical analysis, including charting techniques, technical indicators, market indicators, and statistical analysis. The case study requires candidates to apply their technical analysis knowledge to a real-world investment scenario, demonstrating their ability to analyze market trends and make sound investment decisions.
To be eligible to take the CMT-Level-II exam, candidates must have completed the CMT-Level-I certification program. The CMT-Level-II certification program is ideal for professionals who want to take their technical analysis skills to the next level and gain a deeper understanding of the financial markets. It is particularly beneficial for financial analysts, traders, and portfolio managers who want to enhance their technical analysis skills.
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To qualify for the CMT Level II certification exam, candidates must pass the CMT Level I exam and have at least three years of professional experience in a related field. CMT-Level-II exam is computer-based and consists of 120 multiple-choice questions, which must be completed in 4 hours. CMT-Level-II exam questions are divided into three levels, with each level becoming progressively more challenging.
CMT Association CMT-Level-II Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application of Technical Analysis | 10% | - Volatility and Risk Forecasting - Integration of Indicators into Trade Plans - Chart Interpretation for Entry/Exit Decisions |
| Topic 2: Ethics | 3% | - Ethical Standards & Professional Conduct |
| Topic 3: Classical Techniques | 40% | - Internal & External Technical Indicators - Trend Analysis - Chart Pattern Analysis - Cycles - Chart Types and Construction |
| Topic 4: Theory & History | 7% | - Behavioral Finance Concepts - Evolution of Technical Analysis |
| Topic 5: Advanced Techniques | 40% | - Statistical Analysis & Volatility - Risk Management Principles - Cross-Asset Analysis - Systematic Trading & Model Testing |
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