Relative Strength Index (RSI) IntroductionRSI is short for Relative Strength Index. It is a trading indicator used in technical analysis (a Momentum Oscillator) that measures the magnitude of recent price moves to determine whether overbought or oversold conditions...
Introduction to Technical Analysis BasicsTechnical analysis is an approach to analyzing stocks that uses charts and indicators based on price and volume. Traders can make profitable trading decisions using technical analysis indicators and chart patterns. I have been...
Introduction Moving Averages What is a moving average and what is it used for? A moving average is a trading indicator that used on your charts and in your trading systems to help gauge the direction of the price movements. Moving averages are one of the most commonly...
In Amibroker when you are generating your trading signals from the backtest there is one important setting that you need to use most of the time. If you get this wrong then your Amibroker trading signals will be wrong... so when should you use the 'Add Artificial...
Slippage is one of those silent profit-killers that most traders underestimate—until it starts eating into their results. In simple terms, slippage is the difference between the price you expect to get and the price you actually receive when buying or selling a stock....
The key lesson is to make sure that you follow the calculations all the way through yourself manually so that you understand what the conversion should be and make sure that your position size is appropriate relative to your base currency account. For example, you can...
Trading requires a deep fascination with the markets, strong work ethic and persistence. Traders are also human and experience emotions - we go through ups and downs in our trading journey. And with these constant challenges, our motivation can fluctuate. It can be...
The most important thing is not exactly what you do, that it's you understand what you are doing. The implications of it, because there's different ways to configure this. You could have in Amibroker, your base currency is Euro and you could run your systems, which...
Let's say you have US dollars in your account and buy something against Bitcoin. You buy Bitcoin, and then you use the Bitcoin to buy Ethereum. Thus, you are trading the movement of Bitcoin versus Ethereum, And when that trade is finished, you close it, you're left...
With Interactive Brokers, if you have a margin account and your base currency is Australian dollars like mine, and I want to buy US dollar stocks. The way it works in Interactive Brokers is I want to buy US dollar stocks, I've got Australian dollars in my account, but...