St Louis
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13 min readEvent-driven analysis plays a vital role in creating a successful trading strategy. By identifying and analyzing significant events that can impact financial markets, traders can make informed decisions to capitalize on potential market movements.To incorporate event-driven analysis into a trading strategy, traders follow a few key steps.
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16 min readThe Mass Index (MI) is a technical indicator used in trading to identify potential reversals in price trends. It helps traders to gauge market volatility and make more informed trading decisions. The calculation of the Mass Index involves several steps.Select a time period: The trader needs to decide on a specific time period for calculating the Mass Index. This period can be adjusted based on the trader's preferences and the timeframe they are trading in.
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11 min readImplementing brushing for selecting data points in D3.js involves creating an interactive visual component that allows users to select and manipulate data by brushing over a region of interest. Here's a step-by-step guide on how to implement brushing in D3.js:Set up the SVG container: Start by creating an SVG element within a container HTML element where your visualization will be rendered. Use D3.js to select the container and append an SVG element to it.
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8 min readBuilding a contrarian trading strategy involves taking a viewpoint that is opposite to market consensus and going against the prevailing trends. It can be a difficult approach since it requires making decisions that run counter to popular sentiment. Here are some key points to consider when constructing a contrarian trading strategy:Analyze Market Sentiment: Understand the prevailing sentiment and consensus in the market.
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11 min readThe Chaikin Oscillator is a technical indicator used to analyze the accumulation-distribution line (ADL) of a security. It helps traders and investors determine the strength of the underlying trend and potential buy or sell signals. The oscillator was developed by Marc Chaikin and is based on the assumption that price movements and volume are interconnected.To calculate the Chaikin Oscillator, follow these steps:Start by calculating the ADL for each period.
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8 min readTo create custom shapes or symbols in D3.js, you can use the SVG (Scalable Vector Graphics) rendering library. SVG provides a way to define vector-based graphics in XML format, which allows for creating and manipulating custom shapes and symbols.Here are the steps to create custom shapes or symbols in D3.js:First, you need to include the D3.js library in your HTML file. You can either download it and link it locally or use a CDN (Content Delivery Network) to include it.
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13 min readStop-loss and take-profit orders are essential tools that can help traders manage their risk and protect their profits in a trading strategy. Here is how you can use them effectively:Stop-loss orders: A stop-loss order is placed to automatically sell a security if its price reaches a specific level. It is designed to limit potential losses by closing a trade at a predetermined price threshold.
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13 min readEase of Movement (EMV) is a technical analysis indicator that measures the relationship between price change and volume, providing insights into the strength and direction of a stock's price movement. It helps traders and investors identify potential buying or selling opportunities.The calculation of Ease of Movement involves several steps. Firstly, it requires the use of two key variables: distance moved and volume.
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4 min readTo create a scatter plot in D3.js, you can follow these steps:First, include the D3.js library in your HTML file. You can either download it and include it locally or use a hosted version from a CDN. Create a element in your HTML file to contain the scatter plot. Give it an ID or class for easy selection. In your JavaScript code, select the element using D3.js. For example, const svg = d3.select("#scatterplot"). Define the dimensions of the scatter plot area, such as width and height.
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9 min readIn D3.js, you can add axes to a visualization to provide references and scales for the data. To add axes, you'll need to follow these steps:Define the scales: Scales map the data values to a visual representation within the visualization. You'll typically have an x-axis scale for horizontal positioning and a y-axis scale for vertical positioning. Determine the appropriate domain and range for each scale based on your data and visualization requirements. Create the axes: Use the d3.
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11 min readA carry trade strategy in forex refers to a trading approach where an investor borrows money in a currency with a low interest rate and uses it to invest in a currency with a higher interest rate. The aim of this strategy is to profit from the interest rate differential between the two currencies.To implement a carry trade strategy in forex, you need to follow a few steps. Firstly, you need to identify a currency pair that presents a good opportunity for carry trading.