Algorithmic trading has transformed the financial markets in recent years, enabling traders to make better-informed investment decisions and execute trades more quickly and accurately than ever before. As technology continues to evolve, new algorithmic trading strategies and techniques are emerging that promise to revolutionize the way that financial instruments...
Algorithmic Trading: Automating Financial Markets for Greater Efficiency and Profitability Explanation Algorithmic trading, also known as robo trading, is a process of using computer programs to execute trades automatically based on pre-defined rules or algorithms. It has revolutionized the way financial markets operate, making them more efficient, faster, and...
Economic indicators and announcements are an essential part of fundamental analysis. Even if you’re not planning on finding trades using fundamentals, it’s a good idea to pay attention to how the overall economy is performing. Here’s a cheat sheet covering six key indicators and announcements to watch out for. 1. Non-farm payrolls (NFP) The non-farm payrolls...
Today, I will share a practical secret that I have learned for many years. Don’t hesitate when trading. If you hesitate, then don’t trade in the short term. Many people also have the habit of making trading plans. For example, I will enter the market at any position today, but when the opportunity really arises, I hesitate to make a decision. After the market...
Hi guys today I want to do a short educational on how I use the CoT-data to validate longer term EW counts. Normaly I update my CoT-Spreadheets on Sunday. But since we have been waiting for the data to be released for three weeks now, I have time to show you, how useful it can be. Unfortunately my english writing skills have detoriorated over time but I guess...
In short, a trading strategy is a plan that you draw up, taking into account a huge number of factors ... Starting from trading charts - ending with what the weather is like outside today. There you also fix negative things. All that leads to losses. Well, the most important thing for which we record all this is to make a super duper analysis and clearly and...
To run TradingView Strategy for real automatic trading at any Cryptocurrency you need: 1. Account at TradingView. (Tradingview.com) And it can’t be a free “Basic” plan. You must have any of available Paid packages (Pro, Pro+ or Premium). Because for automatic trading you need the “Webhook notifications” feature, which is not available in the “Basic” plan. 2....
Hello Traders, In this video, I have demonstrated how to create a simple web-hook which can send your Tradingview alerts to Telegram channel or group for zero cost. ⬜ Tools Used ▶ Telegram Messenger ▶ Replit - Cloud platform for hosting small programs ▶ Postman - To test web-hooks before going live (Optional) ▶ Cronjob - To set health-check and keep...
Trading is a constant balancing act between risk and reward. Developing a successful trading strategy is a significant accomplishment in its own right, but it is equally important to know when it is time to adjust your approach or when to abandon it altogether. To help you stay ahead of the curve, I've identified the 5 telltale red flags that signal it could be...
It's been a while since I've posted anything here. I mostly don't hang out on tradingview anymore, but still check in every now and again. Anyway, if you're reading this, you're probably familiar with my old limit order breakout-retest strategy, where you're pricing the market on breakouts and collecting profits on retests. I've updated this for reliability, but...
We all know that markets are highly manipulated and the traders have to look for a signs of manipulation. There are a lot of types of manipulation - imbalance, candle without wick, liquidity grab and so on. On the chart I marked few areas, where price was manipulated and reversed. The strategy shows you how to recognise the manipulation patterns. It is based on...
If you're a trader, you know that success in the market requires both skill and experience. But what if you could gain experience without risking your hard-earned cash? That's where TradingView's Bar Replay feature comes in. It's a powerful tool that allows traders to improve their skills by replaying historical market data in a risk-free environment. Bar Replay...
Today i would like to share full list of basic terminology Smart Money Concept To all newbies this list will be useful HH (Higher High) - high maximum HL (Higher Low) - high low LH (Lower High) - low high LL (Lower Low) - low minimum Fib (Fibonacci) PDH is the high of the previous day. PDL is the low of the previous day. PWH is the high of the previous...
ABBREVIATIONS & DEFINATIONS ORDER BLOCK OB is a Down/Up Candle at/near Support or Resistance before the move Up/Down, respectively. Down Candle is a Bearish Candle Up Candle is a Bullish Candle Bullish Order Block is Down candle at/near Support level, before the move up Bearish Order Block is Up Candle at/near the Resistance level, before the move...
The evidence suggests that only a very small proportion of day traders makes money year over year. There are certain patterns which may separate profitable traders from those who ultimately lose money. And indeed, there is one particular mistake that in our experience gets repeated time and time again. What is the single most important mistake that led to...
Successful traders know there are 5 outcomes that can come out of a trading position. When managed well these outcomes can lead to great success. However, when manage badly can cause disaster to a trader’s account. Below I’ll highlight and discuss the possible 5 outcomes of a trade and how you can manage them. 1. Small Profit This is when a position ends in...
Have you ever found yourself in a situation where trade was closed out before reaching your intended stop loss level, or where the market reaches your profit target but the trade never closes in your favour? It can be frustrating and confusing, leaving you wondering what went wrong. You may even start to blame your broker or the market itself, thinking they are...
Hey traders, Planning your every trade, you should know in advance the profit that you are aiming to make and the maximum amount of money you are willing to lose. In this educational article, we will discuss risk reward ratio - the tool that is used to compare your potentials losses and profits. Let's start with an example. Imagine you see a good buying...