What is Amibroker and How Does it Work?Amibroker is a consumer trading software package for technical analysis, charting and backtesting. It is a trading software platform that is designed to help traders analyze market trends, test trading strategies, and optimize...
What are stock market indices and how do they work?Stock market indices are tools that measure the performance of a specific group of stocks or the overall stock market. They can provide investors with a benchmark for the performance of their investments and can also...
Introduction to the ADX Indicator: What It Is and How It WorksThe Average Directional Index (ADX) is a technical trading indicator that is commonly used to measure the strength and direction of a trend in a financial market. Developed by J. Welles Wilder in the 1970s,...
This blog post is based on a presentation delivered at the Australian Technical Analysts Association Annual Conference. The video presentation is available below and the blog post that follows is a text version of the video presentation.Introduction to Trading...
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...
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...