categories of traders

 Day traders


swing traders


technical traders


fundamental traders

Comments

Post a Comment

Popular posts from this blog

Detrended Price oscillator(DPO)

Image
Detrend price oscillator is a trading indicator that is used to remove the long term trends thus focusing on price movement by using a displaced simple moving average thus allowing an individual to know the overbought or oversold market condition. By using a displaced moving average, detrend price oscillator will be considered to be an oscillator with an oscillation at point 0.00. Detrend price oscillator is based on the centerline as well as divergence. Detrend price  oscillation is therefore calculated using the following formula; Detrend price oscillator= closing price -SMA of { (n/2)+1 } Since Detrend price oscillator is based on the centerline, it, therefore, follows that when the detrend price oscillator crosses above 0.00, that will be an indication of an upward market movement thus the trader should be trading upwards while when the detrend price oscillator crosses below 0.00, that will be an indication of a downward market movement thus the trader should be tra...
Read more

fisher transform

Image
Fisher transform indicator was created by John  Ehlers. Fisher transform is used to transform time series data into a Gaussian Normal distribution function. Therefore in trading,fisher transform can be considered to be an indicator that is used to transform the price of any foreign exchange rate,price of securities ,price of commodities and price of stocks into a Gaussian Normal distribution . Fisher transform is an oscillator and therefore has oscillation at point 0.000 ranging from -1 to 1. Fisher transform is based on crossover.It therefore has two crossover lines,the fisher transform line which is blue in color and the signal line. Fisher transform is therefore calculated using the following formula; Fisher transform= 1/2*natural logarithm { (1+x)/(1-x) } NB; x is the transformation of price between the range of -1 to 1 Since fisher transform is based on crossover and has two crossover lines,the fisher transform which is blue in color and the signal line which i...
Read more

Arnaud Legoux Moving Average(ALMA)

Image
Arnaud Legoux Moving Average was created by Arnaud Legoux and Dimitris Kouzis Loukas. ALMA uses the gauss normal distribution curve. Arnaud Legoux Moving Average was created to remove small price fluctuation in order to enhance the trend mostly by applying moving average twice,that is, one from left to right and another one from right to left.This was to ensure that the movement is smoothness and more responsiveness. Just like other moving average indicators, Arnaud Legoux Moving Average is also a trend following indicator. Arnaud Legoux Moving  Average is based on support and resistance as well as bullish and bearish. Since Arnaud Legoux Moving Average is a trend following indicator,it therefore follows that when the market is trending upwards, the Arnaud Legoux Moving Average will also be trending upwards while when the market is trending downwards, the Arnaud Legoux Moving Average will also be trading downwards. Based on support and resistance, when the price rises ...
Read more