St Louis
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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.
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15 min readCandlestick patterns are an essential tool for day traders in analyzing and understanding market sentiments and making informed trading decisions. They represent the price movements of a security over a specific period, typically within one trading day. By interpreting these patterns, traders can gain insights into potential market reversals, trend continuations, and support and resistance levels.One commonly used candlestick pattern is the doji.
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7 min readTo create a line chart with multiple lines using D3.js, you can follow these steps:First, you need to include the D3.js library in your HTML file by adding the following script tag: <script src="https://d3js.org/d3.v7.min.js"></script> Next, define the dimensions of your SVG container and the margins.
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10 min readA sector rotation trading strategy involves shifting investment allocations among different industry sectors based on their expected performance. This strategy seeks to capitalize on the varying strength of different sectors during different stages of the economic cycle. Here is a brief explanation of how to develop such a strategy:Economic Analysis: Begin by analyzing the overall macroeconomic environment to identify the stage of the economic cycle.
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8 min readThe Typical Price is a technical analysis tool used to interpret and analyze price data in financial markets. It provides traders and investors with a simplified representation of the market's average price over a defined period.The Typical Price is calculated by taking the sum of the high, low, and closing prices of a security and dividing it by three. This calculation is represented by the formula: Typical Price = (High + Low + Close) / 3.