Table of Contents IntroductionGeneral What Are Overbought/Oversold Zones in terms of the Process DynamicsOn Accuracy in Detecting the Overbought/Oversold ZonesConsequences of Entering the Market When in the Overbought/Oversold ZoneEvaluating Losses Related to the Risk of Opening a Position in Overbought/Oversold ZonesConsequences of Exiting the Market When in the Overbought/Oversold Zone Pros and Contras of Using Conventional Indicators to Detect Overbought/Oversold Zones ...
McGinley dynamic (official) - indicator for MetaTrader 5 The McGinley Dynamic indicator is a type of moving average that was designed to track the market better than existing moving average indicators. It is a technical indicator that improves upon moving average lines by adjusting for shifts in market speed.... Original formula: Improved formula: ...
Contents IntroductionFormulation of the problemRevising the application structureConclusion We have previously created the basic functionality, which is designed to assist the traders who prefer manual trading. We mainly focused on convenient work related to order placing, and thus most of the functions were related to market entries. However, any trading strategy, whether it be manual or automatic, should have three main ...
Contents IntroductionThe concept of the toolkitImplementation of basic functionalityConclusion more...
Last week's economic data came out mixed but did push stocks higher. With COVID-19 cases on the rise, including in the White House, this next week's performance will set the stage for the rest of the month. more...
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