MCX after getting approval from FMC has launched mini crude future contract with lot size of 10 barrels , which is 1/10th of the regular crude oil contract. This is a boon for small time speculators and SMEs who use this for hedging purpose as this will help then in better risk management.
Trading is a challenging career and it looks very difficult to master until you start consistently making money. There are lot of challenges faced by a trader whether its day trading or swing trading or positional trading. These challenges are both internal to the trader and external like market forces. These challenges and pressure forces the trader to make several mistakes.
Keltner Channel is a volatility based indicator which has middle line , upper band and lower band. The concept is similar to Bollinger Bands, but varies in the way its calculated. Bollinger Bands are calculated using Standard Deviations, whereas Keltner Channel bands are usually calculated using Average True Range (ATR).
Bollinger band is an universally used volatility indicator by traders to identify squeeze and breakouts. There are couple of indicators derived out of Bollinger Bands and they are Band Width and Bollinger %B. In Amibroker Formula Language you need to calculate them before using them as there is no inbuilt indicator.
Some things as simple as identifying new day might be complex for a new AFL programmer. Following is the Amibroker Formula Language snippet for identifying new day. If your backtesting or trading system requires identifying new day and then use this information further for other analysis , then you can use this block of code after testing it for accuracy.
Dear Sir, I am looking for Nifty and bank nifty cash settled price for previous expiry to be plotted on chart as value and astrik or any symbol secondly I want top 3 strike price Highest call and put on chart can this be done ?
Answers » amibroker
Hi, I have a code to buy when the RSI<40 in a day chart. It generate signal when it is less that 40. But the RSI keeps going above 40 and below 40 for some time and during all the time when the RSI goes below 40 buy signal is generated. I want the si
Answers » amibroker
Just wanted to know what is difference between actual closing price and adjusted closing price of a stock
Answers » equity
Is bollinger bands an useful indicator? How are bollinger bands values calculated? How can it be used for trading?
Answers » technical_analysis
Is Commodity Channel Index (CCI) an usful indicator? How is CCI calculated? How can it be used for trading?
Answers » technical_analysis
Is it possible connect the Amibroker trial version to Interactive Broker demo account to send orders from automatic systems in AFL? I would like to test this option before purchasing the Amibroker Platform Thank you
Answers » amibroker
I use zerodha. I day trade nifty futures. In the nifty futures daily chart for the current series (Jan 2017), i am able to see prior data only until Nov 2016 hence i am not able to put the 200 EMA indicator on the nifty futures chart. Please let
Answers » technical_analysis
Is it true that high frequency traders prove to be a disadvantage for normal traders due to benefits like co location? if yes how is it affecting the normal traders ?
Answers » day_trading