Let’s be honest: Which trading strategy is most successful is almost impossible to answer. It depends on so many factors. However, we can conclude this: The most successful trading strategy is to trade many strategies and types to make sure you are diversified. Strategy diversification is the only Holy Grail in trading. We suspect this…
The world of stock trading is a dynamic and ever-evolving landscape, where traders employ a wide array of strategies to capitalize on market movements. However, sometimes very basic strategies can perform really well. The 5 consecutive higher open trading strategy is based on the idea that if the market has been going up, it will…
Just as traders use technical indicators to attempt to predict the future direction of an asset, quantitative analysts also utilize various statistical and mathematical models to forecast the future values of assets, with one of these models being the Kalman Filter. What is the Kalman Filter trading strategy? The Kalman Filter is a mathematical algorithm…
TradingView is a popular tool with many traders due to its vast array of tools and features. TradingView uses its native code language, Pine Script, to implement indicators and backtest trading strategies. In this article, we’ll go through some basics of using Pine Script in backtesting by going through a step-by-step process. Follow this process,…
Finding reliable sources of data to backtest your trading strategies can be difficult sometimes. Luckily, today we will show you a website to download historical economic data for free using Python. We show you how to download FRED data using Python. The FRED website is an economic and financial database run by the FED of…
Let’s see how to build a trading strategy based on the popular RSI indicator using TradingView (step by step) in the crypto market, from building the layout to implementing its native Pine Script language. Our RSI-based trading strategy will seek reversals in the overbought and oversold zones. We will use DOT on a m5 timeframe…
One of the most popular stock market indexes in the world, the S&P 500 index is considered the face of the US stock market. But what is it? The S&P 500 index is a market-cap-weighted index of 500 leading publicly traded companies in the US. It is often regarded as a barometer of the overall…
In this article, we will look at one of these traps; why does it happen? Who is responsible for them? Why does it concern you, and can you outsmart it? We show you how you can profit from a bull trap trading strategy. Some traps are set for you in the market. Shocking, but it…
There are some indicators you can easily combine to get the best out of the market. The moving average convergence divergence (MACD) and Bollinger Bands combination is one of the best synergic indicator combinations. You can use it to trade both a range-bound market and a trending market, depending on how you use them. Ever…
An E-mini Russell 2000 Index futures strategy is the methodology or technique you can use to profitably trade Russell 2000 Index futures, and this often includes technical and fundamental analyses for market timing and risk management. E-mini Russell 2000 Index futures are financial derivative products that represent a contract to buy or sell a specified…
