Reg Coaker has always been a sole trader and in the late 1960s read an article in The Investors Chronicle written by David Fuller. He concluded that charts ‘made sense’, took some courses and also began to attend ACTA meetings. He also gave some presentations, mainly on the work of Welles Wilder (the deviser of the RSI indicator). Reg was also an early developer of computer software for technical analysis, though at the early stage data feeds were a problem.
In the 1980s when Philip Gray became Chairman of ACTA he began the process of changing it to the STA. Reg was very involved in this process.