Time Value of Money Time value of money implies that money paid or received in the future are different from the money paid or received today. This is one of the most important concepts in finance. It implies that money paid or received in the future are different from the money paid or received today.…
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Mar-How to perform Multiple Time-Frame Analysis? Getting Started with Multiple Time-Frame Analysis Multiple time-frame analysis Let us imagine a juggler, using two identical balls. At some point, the two balls will be at exactly the same height — with one going up, and the other coming down, gravity forces are playing out here. Both are moving under…
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Mar-How To Plot HTF EMA in TradingView Chart using Pine Script? Today’s lesson will cover how to access higher timeframe price data in your custom Pine Script indicators. As always, this lesson builds on the knowledge from previous lessons, so if anything doesn’t make sense here please go back through the other lessons where everything we’re…
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How to set-up Algo Trading for MA Candle Cross Strategy? MA Candle Cross Strategy In this episode, we will build a simple MA candle cross over strategy. Note: this is not a moving average crossover strategy but a MA Candle cross strategy. So we will just be using 1 moving average here. Strategy: We will…
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In investment world, returns is a big deal. It probably gets more attention than almost any other metric out there, and occupies the largest mindshare among most investors. As an investor, you should be aware of 2 commonly used metrics which are used to represent returns. They are CAGR & XIRR. In this episode, we…
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In the previous episodes, we discussed about various rules on identifying the trend. Now it is time to add one more rule to it. A TRENDLINE CONNECTING TWO VALLEYS OR PEAKS DOES NOT NECESSARILY MEAN THERE IS A TREND We use trendlines to connect last two obvious impulses (valleys and peaks) and detect potential imbalances…
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In this episode I’ll show you how to detect basic candlestick patterns using Pine Script. We’ll focus solely on Engulfing Candles for now, but the process involved in identifying them is similar for all other candle patterns such as pinbars, shooting stars and hammers, dojis, higher-high higher-close and lower-low lower-close candles. If you’re inexperienced with…
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In this episode, we will be scripting a pattern recognition strategy to trade based on Bearing and Bullish Engulfing patterns. Bearing and Bullish Engulfing strategy I am not going to go into the details of whats bearish or bullish engulfing, we talked about it in multiple videos and sessions already. So if you have queries…
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Rebalancing is a simple technique of adjusting % of holdings of various asset classes. Rebalancing is not an one time activity and it should be an on-going process. So we need to maintain the allocation by rebalancing at times. In simple terms, we go to gym to get fit, shed extra weight. Periodically rebalancing your…
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IMPULSES versus CORRECTIONS Before going deeper into understanding how impulses and corrections help us define a trend, let me remind you of this. Supply and demand imbalances are made of impulses but not all impulses are imbalances. Each timeframe has its own trend, this is why it’s mandatory that we make a multiple timeframe top…
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