ralphschraven

ralphschraven

Here's why most algorithms fail. They don't take into account the context you needed it to. Here's why it's hard to correct that: you need something OUTSIDE of the raw number-crunching that you're doing in order to understand what's happening. If you're very good at that, you're already a profitable trader to begin with! In that case, it can be discouraging to...

ralphschraven

ITCB was a juicy stock for day-traders just two days ago, with a huge gap-up leading to a large spike in volume from speculative momentum-based day-traders entering the market for this stock. After this, price retraced partially but showed signs of a falling wedge forming which ended up causing a break-out with confirmation by bouncing off of a recent level of...

ralphschraven

Simple but effective: to add to the general idea of buying a stock that's in the extreme range of a channel, this stock is continuously ranging within channels for the last bazillion years. Since we're nearing a bottom and the stock is in a general uptrend anyway, that compiles to three solid reasons to consider going long on this stock. Reasons to buy at current...

ralphschraven

After exploring the depths of profit taker heaven and stop loss hell, after combining many different indicators, finding correlations with momentum, trend, volatility, you name it... After trying to adjust the strategies to different assets, asset classes, market conditions... After finding out that each of these steps are way more difficult than I thought and...

ralphschraven

This trading strategy combines momentum, volatility, and limited risk by using three key indicators. Those are MACD (Moving Average Convergence Divergence), RSI (Relative Strength Index), and PMI (Price Movement Index). The latter is an indicator I created for this strategy to measure price movement rather than volatility to keep things extremely simple and make...

ralphschraven

In this trading strategy, we take a position opposite to what our indicator perceives as a buy signal. This signal is produced as a long buy signal when the MACD crosses over (long) or under (short) in conjunction with two thresholds. The first is that the signal line (MACD 9-bar EMA) exceeds a manually set threshold based on the time frame, which is set in such a...