The Ocean Theory Book by jim Sloman is the place to begin an understanding of Ocean Theory. Briefly, the Theory attempts to show how markets reveal themselves through their internal workings.
The Ocean Theory Book describes and illustrates the theoretical foundations of Ocean. It is a 120 pages book in PDF form.
The book briefly highlights jim sloman’s early attempts to construct a non-arbitrary approach to markets, including The Delta Phenomenon and Adam Theory.
From there, the book imparts the story of his subsequent derivation of the Ocean Equation, some of the derivations that followed from that, and other foundational elements of the theory. Items considered include Ocean Indexes, the Natural Market Mirror (NMM), the Natural Market River (NMR) and the Natural Moving Average (NMA).