Against all odds, written by Thierry HUITEL is based on Jim Varney’s work–CANDLESTOCHASTICS. This Amibroker Exploration is a scan for 24 different buy or sell signals that selects days when several bullish or bearish indicators are triggered at the same… Continue Reading
Open Interest is believed as a Confirming Indicator by the majority of traders and investors. It generally confirms the market trend (whether it’s rising, falling, or sideways) when used in conjunction with other parameters like volume and price. It also measures the… Continue Reading
Intraday Trading has fascinated many newbie investors and traders over years. But only handful of them really achieved the success they dreamt of. What makes these people special? And why most of the traders fail in Intraday Trading. Let’s try to… Continue Reading
Fibonacci Levels is one of the most popular tools in the worlds of Technical Analysis. These levels are predictive in nature and helps to identify pullbacks or breakouts. People have been using it successfully since years especially in Forex market. Using… Continue Reading
Technology has evolved at a tremendous pace from last few decades. Mobility is the biggest growing industry across the world. Smartphones have outnumbered the traditional Desktop PCs and Laptops. Literally, there is nothing you cannot do on your smartphone now, except… Continue Reading
Out of all my experience being an active trader in Financial Markets, I have learnt that the most important factor for long-term success and profitability in trading is ‘Risk Management‘. Even if you have written an Algorithmic Trading system with high… Continue Reading
‘Ichimoku Cloud‘ is an all in one indicator in Technical Analysis which shows support/resistance, trend direction and momentum in the same chart. Ichimoku setup has 5 different elements which indicates different things. Goichi Hosoda, a Japanese journalist, who invented Ichimoku… Continue Reading
Donchian Channel is a very powerful indicator to develop Trend following systems. It works extremely well in Trending markets both in Intraday and Daily timeframe. Donchian Channel is derived by calculating Highest High and Lowest Low for a pre-defined period.… Continue Reading