This course will give you an indepth view on deep technical usage of Amibroker software, handle it effectively on day to day usage (Scanners, Exploration, Trading System, Custom Indicators, Automating a Trading System, Requirements) and the critical components needed for your own algo trading system. This will give thought on pieces that will make you successful as indie automated trader to control your own destiny.
It is a momentum buyers market when comes to Nifty Futures trading. Shorter term momentum traders are driving this market in April Expiry series. Every micro dips are bought for this series a typical behavior of momentum players. And the last couple of days shorter term inventory is getting long to to long. No so good indication for the current uptrend.
With the recent news of airstrikes on Syria and a threat of a global war, this question is extremely relevant. But does war really cause stock markets to rise and fall?
Fibonacci is the mathematical basis of the Wave Principle. You will often find that Elliott waves correct in terms of Fibonacci ratios. The following article explains what you can expect when a market begins a corrective phase.
Gold price action remains muted despite the stock market crashing, global events like trade war, syrian attack. Its been trading in a very compressed range 1300-1350 range since the start of year 2018. Last 4 trading sessions price is making higher high and higher lows which shows the confidence of the players. Price maintains above 200MA since 2018.
Nifty Futures is consecutively making higher high and higher lows for last 4 trading sessions. This series so far shorter term buyers dominant is more than anyother timeframe. One of the day where shorter timeframe inventory went long to too long. Profile structure is showing a possible instant weakeness however support are building around 10280-10300 levels.
The basic Elliott wave pattern for financial markets is five waves in the direction of the main trend with corrections, i.e., moves against the trend, unfolding in three waves.
The India Algo Convention 2018, is the Annual Algo Event of Dravyaniti Consulting (www.dravyaniti.com).This is the largest gathering of some of the best quantitative minds in India and the World.These are practitioners of the craft, who will share their experiences in the 2-Day Residential event.
Slaughter the Bulls and Bears with the guillotine called Volatility. Yes, market volatility is the name of the game which is being played, and this sort of jitter could confuse the market participants to get out of their positions, to take wrong opinion about markets and the rest to stay away from participation.
Nifty Futures on Monday session opened with higher confidence however got back into the previous days range and started balancing in the first half before picking up the high confidence from the buyers in the second half followed by a late spike in the last 45 minute. Spike rules apply for Tuesdays trading.
Nifty Futures on the Daily charts hovering still below the 200 Moving average level 10194. Currently SGX Nifty is pointing towards a possible open above 10200 levels. Though volatility in Indian Markets are muted relative to Global makrets still daily ATR is holding above 124 level that entertains short term and Intraday players. It is not a dull boring markets like the year 2017 anymore.
This is the short post to let you know that I’ll be speaking at Traderscarnival 2018 Conference about Crowd Intelligence and Market Profile. The Traders Carnival Conference that will be held at Mumbai at The Renaissance, Powai, at the financial hub of the country, May 25 to 27, 2018.
New Financial Year about to start and it is always refreshing to kick start with a unbiased outlook especially when a new derivative series starts. Structurally so far correction in Nifty is a complex wave-like downtrend in the last two months. Feb 2018 index futures lost 4.9% and lost 3.8% during the month of Mar 2018.