Posts (page 166)
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17 min readVolume Price Trend (VPT) is a technical indicator used in day trading to analyze the relationship between price movement and volume. It is based on the theory that changes in volume often precede price movements, making it a valuable tool for traders.To read the VPT for day trading, you need to understand its construction and interpretation. The VPT indicator is typically displayed as a line on the chart, which moves above or below a zero line.
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7 min readCreating reusable components or modules in D3.js involves following certain best practices and patterns. Here is a general approach:Encapsulate functionalities: Identify specific functionalities that can be modularized and encapsulated within a single component. For example, a pie chart or a bar chart can be considered as standalone components. Use a factory function: Create a factory function that accepts user-defined configurations as input and returns an instance of the component.
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12 min readUsing leverage in a trading strategy can be beneficial in magnifying potential profits. However, it also increases the risk of significant losses if not used safely and properly. Here are some guidelines to consider when using leverage safely in a trading strategy:Understand the concept: Leverage allows you to control a larger position than your initial investment. It is a loan provided by your broker to boost your trading power.
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10 min readThe Relative Strength Index (RSI) is a technical analysis indicator used in stock trading to measure the speed and change of price movements. It is a momentum oscillator that compares the magnitude of recent gains against losses over a specified period, typically 14 days. The RSI ranges from 0 to 100 and is typically graphed as a line chart.The RSI calculation involves calculating the average gain and average loss over the specified period.
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6 min readTo implement drag-and-drop functionality in D3.js, you can follow the steps below:Select the element(s) you want to make draggable using D3's select or selectAll method. Attach an event listener for the mousedown event to start tracking the dragging process. In the event handler, update the CSS properties of the element(s) to make them draggable by setting pointer-events to "none" and position to "absolute" or "fixed".
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8 min readCreating a momentum oscillators-based trading strategy involves using technical analysis tools known as momentum oscillators to identify potential buy or sell signals in the financial markets. Here's a step-by-step explanation of how to develop such a strategy:Select a suitable momentum oscillator: Choose a popular momentum oscillator like the Relative Strength Index (RSI), Stochastic Oscillator, or Moving Average Convergence Divergence (MACD).
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9 min readTo create sunburst or treemap visualizations in D3.js, you can follow these steps:Set up the HTML structure of the webpage where you want to display the visualization. You will need an empty container element, such as a , to hold the visualization. Include the D3.js library in your HTML file by adding a Create a JavaScript file and link it to your HTML page using a In your JavaScript file, use D3.js to select the container element where you want to render the visualization.
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10 min readThe MACD (Moving Average Convergence Divergence) is a popular technical analysis tool used by traders to identify potential buy or sell signals in the market. It consists of two lines - the MACD line and the signal line - as well as a histogram. The MACD line is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. The signal line, on the other hand, is a 9-day EMA of the MACD line.
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10 min readThe Elder-Ray Index is a technical analysis tool used for identifying trends and potential buy or sell signals in financial markets. It was developed by Dr. Alexander Elder, a well-known trader and author.To interpret the Elder-Ray Index, one must understand its components - the Bull Power and Bear Power indicators. The Bull Power measures the buying pressure or strength of the bulls, while the Bear Power gauges the selling pressure or strength of the bears.
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8 min readTo create animated pie or donut charts in D3.js, you can follow these steps:Set up the HTML structure: Create a div element in your HTML file where you want to place the chart. Give it an appropriate ID or class for easy selection. Include D3.js library: Download the D3.js library and include it in your HTML file using a Define chart parameters: Define the dimensions (width, height) of your chart and the radius of the pie or donut. Calculate the center coordinates of the chart.
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6 min readTo implement filtering or sorting of data in D3.js, you can follow these steps:Load the D3.js library into your HTML document. You can include it using a Create a container element in your HTML where you want to display the data: Fetch or define the data that you want to filter or sort. This can be an array of objects or any other structured format. Create a function to render the data.
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7 min readA range trading strategy is one of the trading techniques used by investors and traders to take advantage of market conditions when a particular asset is trading within a defined range. This strategy involves identifying key levels of support and resistance on the price chart and trading within those boundaries.To implement a range trading strategy, you need to follow a few steps. Firstly, you need to identify the range-bound market conditions.