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8 min readDeveloping effective trading strategies involves careful analysis of the market, understanding of different trading techniques, risk management, and continuous learning.First, it is essential to conduct thorough research on the market, including the factors that influence prices and trends. This will help you identify potential opportunities and risks.Next, you should choose a trading technique that aligns with your trading goals and risk tolerance.
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5 min readThe On-Balance Volume (OBV) indicator is a technical analysis tool used to measure buying and selling pressure in a market. By calculating the running total of volume based on price movements, OBV aims to confirm price trends and predict potential reversals.In Erlang, a programming language designed for concurrency and fault tolerance, you can implement the OBV indicator by creating a function that iterates through historical price data and calculates the OBV value at each point.
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8 min readCalculating Moving Averages (MA) using Fortran involves iterating through a dataset, calculating the average of a specific number of data points, and storing the results in a new array. To implement this in Fortran, you can use a loop to iterate through the dataset and calculate the moving average at each position.Start by defining the number of data points to include in the moving average calculation. Then, create an array to store the moving average results.
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3 min readTo calculate moving averages (MA) in Kotlin, you can implement a simple algorithm that takes a list of data points and a window size as input. First, you would loop through the data points, starting from the window size index. For each data point, you would calculate the average of the previous window size number of data points by summing them up and dividing by the window size. This average would be considered the moving average for that point in the list.
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5 min readTo create pivot points in Java, you can start by defining a data structure to store the values of the pivot points. This data structure can be a list, array, map, or any other type of collection that suits your needs.Next, you will need to calculate the pivot points based on your specific requirements. This typically involves taking the high, low, and close prices of a financial instrument (such as a stock or currency pair) and applying a mathematical formula to determine the pivot points.
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9 min readThe Average True Range (ATR) is a technical analysis indicator that measures market volatility. It was developed by J. Welles Wilder and is commonly used by traders to determine the best placement for stop-loss orders.In JavaScript, you can calculate the ATR by taking the average of the True Ranges over a specified period. The True Range is the greatest of the following:The difference between the current high and low.The difference between the current high and the previous close.
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8 min readThe Williams %R is a technical indicator that measures overbought and oversold levels in a market. It is often used by traders and analysts to identify potential buying or selling opportunities. In Java, the Williams %R can be implemented by calculating the formula using historical price data. This indicator ranges from 0 to -100, with readings above -20 considered overbought and readings below -80 considered oversold.
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5 min readTo calculate Chaikin Money Flow (CMF) using Scala, you first need to understand the formula for CMF. CMF is calculated by taking the sum of the Money Flow Volume over a certain period (typically 20 days) and dividing it by the sum of the volume over the same period.To implement this calculation in Scala, you would first need to collect the necessary data such as the closing price, high, low, and volume of a stock over a specific period.
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9 min readThe Commodity Channel Index (CCI) is a popular technical indicator used to identify overbought or oversold conditions in a market. It is calculated by taking the difference between the typical price of a security for a specified period and a simple moving average of the typical price, and then dividing that difference by a normalized mean deviation.
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6 min readTo calculate the rate of change (ROC) using PHP, you need to first determine the initial and final values of the quantity you are measuring. The formula for calculating ROC is (final value - initial value) / initial value * 100.You can create a PHP function that takes the initial and final values as parameters, and then use the formula to calculate the rate of change.
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4 min readMoving averages (MA) are a widely used technical indicator in financial analysis to smooth out price fluctuations and identify trends. To calculate a moving average using MATLAB, you can use the 'movmean' function, which computes the average of a specified number of consecutive elements in a vector.To calculate a simple moving average (SMA), you can specify the window size as the number of periods you want to include in the average.