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10 min readRate of Change (ROC) is a technical indicator that measures the percentage change in price over a specified period. It helps traders and investors analyze the momentum or speed at which a security's price is changing. Reading ROC involves understanding its formula and interpretation.To calculate ROC, you need the current price of the security (P) and the price n periods ago (P-n).
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6 min readWhen it comes to reading Fibonacci retracements for scalping, it is important to understand the basic concept of Fibonacci levels and how they can be used in the context of short-term trading. Fibonacci retracement is a technical analysis tool used to identify potential reversal levels in a price chart.To begin, the Fibonacci levels are drawn by taking two extreme points, typically a swing high and a swing low, on a price chart.
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9 min readThe Parabolic SAR (Stop and Reverse) is a technical analysis indicator used to determine potential entry and exit points in the market. It was developed by J. Welles Wilder Jr., an American mechanical engineer and technical analyst.The Parabolic SAR is plotted as a series of points on the price chart. These points are located either above or below the price, indicating the direction in which the trend is expected to move.
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11 min readThe Guide to Arms Index (TRIN) for swing trading is a valuable tool used by swing traders to analyze market trends and make informed trading decisions. Also known as the TRader's INdex or the Arms Short-Term Trading Index, TRIN provides insights into the overall market sentiment, particularly during short-term periods.The Arms Index was developed by Richard Arms in 1967 as a technical indicator that measures the ratio of advancing and declining stocks to advancing and declining volume.
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7 min readThe Average Directional Index (ADX) is a popular technical indicator used to measure the strength of a trend in a financial market. It was developed by J. Welles Wilder and is calculated using a series of mathematical formulas.The calculation of the ADX involves multiple steps. Initially, the True Range (TR) is calculated, which determines the volatility of price movements.
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6 min readThe Triple Exponential Average (TRIX) is a technical indicator used in financial analysis to identify trends and determine the overall direction of a particular asset or market. It measures the percentage change in a triple exponentially smoothed moving average.To calculate the TRIX, the following steps are involved:Calculate a single exponential moving average (EMA) of the closing prices of the asset over a specified period (e.g., 15 days). Calculate a double EMA of the previously obtained EMA.
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9 min readThe Ichimoku Cloud is a popular technical analysis tool used to identify potential trend reversals, determine support and resistance levels, and generate trading signals. It consists of five components that work together to provide a comprehensive view of price action and market trends.Tenkan-sen (Conversion Line): The Tenkan-sen represents the average of the highest high and the lowest low over a specific period. It provides a short-term trend indicator.
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7 min readThe Commodity Channel Index (CCI) is a widely used technical analysis indicator that helps traders identify potential buying and selling opportunities in the financial markets. Developed by Donald Lambert in 1980, the CCI is primarily used to measure the current price level relative to its average price over a specific period of time. It is considered especially useful in identifying overbought and oversold levels, as well as potential trend reversals.
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9 min readThe Simple Moving Average (SMA) is a commonly used technical indicator that is calculated by taking the arithmetic mean of a set of prices over a specific time period. It provides information about the average price of a security or asset over a given period and helps traders and investors determine trend directions and potential points of support and resistance.
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7 min readThe Exponential Moving Average (EMA) is a popular technical indicator used in financial markets to analyze price trends and predict future price movements. It is a type of moving average that places more weight on recent prices compared to older prices.Unlike the Simple Moving Average (SMA), which assigns equal weight to all data points, the EMA assigns exponentially decreasing weights to the historical data points.
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8 min readMigrating from PHP to Java can be a complex process, but with the right resources and guidance, it is definitely possible. This tutorial aims to provide you with an overview of the steps involved in migrating your PHP codebase to Java.Understanding the Differences: It's important to recognize that PHP and Java are different programming languages with their own syntax, features, and paradigms.