Fundamental analysis is one of the leading methods used in the selection of firms for investment decisions in stock markets. Fundamental analysis is used to obtain information about a firm by taking into account its financial information such as sales profitability cash flows and growth rates. In other words fundamental analysis tries to show the big picture of the financial position of firms in the future. Technical analysis is used to determine the time to invest in the stocks of the firm for which an investment decision is made. Technical analysis is used to determine the time to invest in the stocks of the firm that has taken the investment decision. The combination of fundamental analysis and technical analysis can provide investors with extra gains. In the fourth book of the technical analysis applications series alternative strategies used in technical analysis are introduced. In addition the results of the application of alternative strategies in Borsa Istanbul are presented. This study is derived from the doctoral thesis titled Efficiency analysis of different indicator combinations: Application of technical analysis in Borsa Istanbul.