1 Attachment(s)
PepsiCo stock (NYSE: PEP): daily correction
Attachment 46422
PepsiCo stock (NYSE: PEP) is up 4% in a month, while it’s up 3% year-to-date.
The daily price of PepsiCo stock was bounced from Fibo level at 181.03 to below for the secondary correction within the primary bullish trend to be started with 171.01 possible Fibo target.
more...
Pattern Recognition Using Dynamic Time Warping in MQL5
Quote:
Pattern recognition has always been a valuable tool for traders. Whether it's identifying unique combinations of candlesticks or drawing imaginary lines on a chart, these patterns have become an integral part of technical analysis. Humans have always excelled at finding and recognizing patterns—so much so that it is often said we sometimes see patterns where there are none. Therefore, it would benefit us to apply more objective techniques when identifying potentially profitable patterns in financial time series. In this article, we discuss the application of
Dynamic Time Warping (DTW) as an objective technique for finding unique patterns in price data. We will explore its origins, how it works, and its application to financial time series analysis. Additionally, we will present the implementation of the algorithm in pure MQL5 and demonstrate its use through a practical example.
more...
William Gann methods (Part I): Creating Gann Angles indicator
Quote:
In this article, we will dive into the world of William Gann's trading methods, starting with creating Gann Angles indicator in MQL5. We will go through the theory behind this tool and implement it step by step as a custom indicator for the MetaTrader 5 platform.
more...
William Gann methods (Part III): Does Astrology Work?
Quote:
Let's try to combine the most modern technologies and ancient knowledge. We will use the Python programming language, as well as the MetaTrader 5 platform to find the connection between astronomical phenomena and the movements of the EURUSD pair. We will cover the theoretical part of astrology in finance, and try ourselves in the practical part of developing a forecasting system.
more...