what is Algo-trading and how to do it ?For instance, the algorithm would buy Microsoft (MSFT) shares if the current price is lower than the 20-day moving average and sell if the price exceeds the 20-day moving average. Algorithmic trading strategies can be as simple as this example, or they can be much more complex.
So, is algo trading profitable? Yes, it is possible, but there's a price attached that doesn't involve money! You must have all the knowledge to work with. It includes a fail-proof plan and risk management to protect against dangers.
How do I start trading in Algo?
How to Get Started with Algo Trading: A Step-by-Step Guide ...
Step 1: Understand the Basics. ...
Step 2: Choose Your Asset Class. ...
Step 3: Select a Trading Platform. ...
Step 4: Learn Programming. ...
Step 5: Develop Your Trading Strategy. ...
Step 6: Backtest Your Strategy. ...
Step 7: Go Live. ...
Step 8: Continuous Monitoring and Optimisation.
BTCMINI trade ideas
advanced pcr tradingHowever, no PCR can be considered ideal, but usually, a PCR below 0.7 is typically viewed as a strong bullish sentiment while a PCR more than 1 is usually considered as a strong bearish sentiment.
The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment.
It can additionally be used for individual securities by looking at the volume of puts and calls on a security over a determined time period. A high PCR is indicative of bearish sentiment while a low PCR is indicative of bullish sentiment.
Bitcoin Bybit chart analysis February 13
Hello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 10:30 in a little while.
Nasdaq touched the resistance line of the 4-hour Bollinger Band chart,
but Bitcoin failed to touch the resistance line,
so the adjustment is coming out stronger.
There are Nasdaq variables, and the pattern is broken, so today's analysis was also very difficult.
It's complicated, but I made the strategy as simple as possible.
There are many key contents, so please check the analysis article carefully.
*Red finger movement path
One-way long position strategy
1. 95338.5 dollars long position entry section / stop loss price when blue support line is broken
2. 97967 dollars long position 1st target -> Top 2nd target
(After reaching the top section, long position liquidation, until short position switching)
The purple finger section at the top 96.6K is
The best short position and vertical decline section.
If the orange resistance line is broken, you can operate a self-short based on the stop loss price. (Today is the first 15-minute resistance line touch section)
The probability of the strategy succeeding increases when purple finger short -> purple support line is broken.
The first section at the top is the final short position operation section for today + if it doesn't break through, it's a sideways section.
If it comes down right before the purple finger touches,
the bottom section becomes the long position waiting section.
If you look closely at the sky blue support line, you'll see a gray trend line.
This section is a mid-term upward trend line,
and if it doesn't break out,
the upward trend can continue,
so I set the stop loss price a little loosely.
From the 93.5K deviation shown below,
it touches the Bollinger Band daily chart support line section from the third section,
so a downward trend can be connected, so those who are operating long positions
should be careful.
There may be variables in Nasdaq, so please check the Nasdaq analysis article I left.
I explained it in detail today because the participation rate was high,
but I don't know if you're satisfied.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
Thank you.
What is option trading and how it can be done profitably ?Options traders can profit by being option buyers or option writers. Options allow for potential profit during volatile times, regardless of which direction the market is moving. This is possible because you can use an options trading platform to trade in anticipation of market appreciation or depreciation
Also called the 1-3-2 butterfly spread, it is a common variation if the butterfly spread involving buying one option at a lower strike, selling three at a middle strike, and buying two at a higher strike. This advanced options trading strategy offers more flexibility.
If you think the stock price will stay stable: sell a call option or sell a put option. If you think the stock price will go down: buy a put option, sell a call option. Frederick says to think of options like an insurance policy: You don't get car insurance hoping that you crash your car.
Next bull leg for BitcoinThe vertical line time zone has been working well for Bitcoin, whenever Bitcoin enters the time cycle zone an upmove is seen. Bitcoin is also currently supported by a moving average hence entering Bitcoin with a small stoploss of the current swing low could set a good trade.
What is the use of ADX in trading and why it is important ?The ADX quantifies trend strength by measuring directional movement over a given time frame. It provides traders with specific numbers (from 0 to 100) that represent strong or weak price trends. Traders can simply refer to the numbers to quickly assess the strength of a trend.
The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
The ADX Indicator actually works best when combined with other technical indicators. One of the best combinations is with the Relative Strength Index, or RSI. Because the ADX measures the intensity of the trend the RSI can help with entries and exits by giving a time based component to the trend
What is database trading and it is been done ?Reset restore all settings to the default values Done. Close Modal Dialog. End of dialog window. 3. Database trading, often referred to as *algorithmic trading* or *quantitative trading*, involves using computer algorithms to make automated trading decisions based on a large amount of data
A database is an electronically stored, systematic collection of data. It can contain any type of data, including words, numbers, images, videos, and files. You can use software called a database management system (DBMS) to store, retrieve, and edit data.
Databases are used to store and manage large amounts of structured and unstructured data, and they can be used to support a wide range of activities, including data storage, data analysis, and data management. They are used in a variety of settings, including business, scientific, and government organizations.
what is support and resistance and how to use it ?The support and resistance (S&R) are specific price points on a chart expected to attract the maximum amount of either buying or selling. The support price is a price at which one can expect more buyers than sellers. Likewise, the resistance price is a price at which one can expect more sellers than buyers.
Using Support and Resistance After a Breakout
Old Resistance Becomes New Support – If the price breaks above resistance, that resistance level may now act as support.
Old Support Becomes New Resistance – If the price breaks below support, that support level may now act as resistance.
Support and resistance are key concepts in technical analysis. They refer to price levels acting as barriers, guiding market direction. These levels help traders make informed decisions on entry/exit points.
How to become a succesfull trader ?Become a successful trader
Risk management
Develop a trading plan
Choose your trading style
Protect your trading capital
Review your trades
Risk only what you can afford
Understand trading psychology
Always use a stop loss
Choose a trading strategy
Comparing brokerage firms
Keep a trading journal
Stay disciplined
Develop trading techniques
Developing a risk reward ratio
Emotional control
Find the right pairs to trade
Find your market
Adapt to the market
Be flexible
Cut losses with limit orders
Gain trading experience
Patience
Set goals
Study the markets
BTC/USD Long Opportunity: Bullish SetupYour long idea on BTC/USD is based on a breakout above the key resistance level of 96,497.07. The entry is positioned around the current market price of 96,148.17, with a stop loss placed at 95,678.49 to manage risk. The take profit target is set at 96,843.00, aiming for a favorable risk-to-reward ratio!
New York Session Short Idea – BTC/USD
This 15-minute BTC/USD chart highlights a short trade opportunity during the New York session. The price is consolidating near resistance, forming a potential setup for a short position. The key zones to watch:
Entry Zone: Price is currently in a resistance area; look for confirmation before entering.
TP-1: First target aligns with the previous key support level.
TP-2: Final target reflects the broader downside objective.
Monitor price action for rejection signs and confirmation before entering the trade.
Bitcoin Short Trade Setup – Key Levels to WatchThis 15-minute BTC/USD chart from Coinbase highlights a potential short trade setup. A short position is suggested only if price breaks the indicated low, with two take-profit (TP) targets marked at lower levels. The shaded area represents a resistance zone, and a break below the specified support could trigger further downside movement. Traders should monitor price action carefully before entering.
Bitcoin Bybit chart analysis February 12Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is Bitcoin's 30-minute chart.
The Nasdaq CPI indicator will be announced at 10:30 in a little while.
*When the red finger moves,
It is a one-way long position strategy.
1. $95,310 long position entry point / When the green support line is broken,
Or when the bottom is touched, stop loss price
2. $97,509.5 long position 1st target -> Top 2nd target
If it reaches the Good section in the early morning hours or tomorrow afternoon,
Short position switching
I marked the small wave in the middle with a pink finger,
So I think it would be good to use it.
At the current position,
If the pink resistance line section at the top, 96,313.5 dollars, short position operating section is touched first,
the area near section 1 at the bottom
can be the long position switching section,
and it can end with a strong rise along the purple parallel line support line.
The key to today's strategy is to move sideways at the current position
and then rebound after touching the lower tail of 95,310 dollars
(Bollinger Band 30 minutes -> maximum 1-hour chart support line section)
The Nasdaq movement is most important.
From the bottom section at the bottom
Because it touches the Bollinger Band 12-hour chart support line
A mid-term downtrend can be connected,
You should be careful from a long position standpoint.
Section 2 is the daily chart support line,
and if this section breaks, it becomes the daily chart double bottom section.
Since you have been shaking it without any reason since last week,
I thought about it and proceeded as safely as possible today.
Please use my analysis article as a reference and for reference only.
I hope you operate it safely with the principle of trading and stop loss.
Thank you.
How to make a diverse portfolio in the stock market?How to create a diversified stock portfolio?
A diversified portfolio starts with the understanding that you'll have a variety of asset classes. The percentage you invest in each asset class depends on your risk tolerance, time horizon, and goals. A common guideline is a 60/40 split between stocks and bonds, but other model allocations include: Aggressive.The 5% rule of diversification states that one stock should not make up more than 5% of the investor's overall portfolio. Every investor's financial goals will differ as well as their analysis, so this rule may not matter to certain investors and in fact, some investors may want a large concentration in one stock.
what is the use of candlestick patterns in trading ?What is a candlestick? A candlestick is a way of displaying information about an asset's price movement. Candlestick charts are one of the most popular components of technical analysis, enabling traders to interpret price information quickly and from just a few price bars.
Traders use candlestick charts to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points - open, close, high, and low - throughout the period the trader specifies. Many algorithms are based on the price information shown in candlestick charts.
how to pcr in the option chain analysis???PCR is computed by dividing open interest in a put contract on a particular day by open call interest on the very same day. Here PCR is computed by dividing the put trading volume by the call trading volume on a specific day. Here, Put volume indicates the total put options initiated over a specific time-frame.
The PCR ratio is calculated by dividing the total open interest of outstanding put options by the total open interest of outstanding call options for a specific security or market. The open interest represents the total number of options contracts that have not been exercised or expired.
BTC update- Ranging not trending.Price is in correction since the last rally from 91500 lows, now going through the pattern it looks like a WXYXZ pattern
WXY is is complete and the last leg of z is pending. Since the price has bounced from 94735 lows and it doesn't seems to be
implusive so one more move to the downside is expected.\
It is very complex correction and slow price movement.
Bitcoin Bybit chart analysis February 7Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
The Nasdaq indicator will be released at 10:30. (Non-farm index)
Since it is a sideways section and there are so many variables in the Nasdaq,
I proceeded as safely as possible.
Also, the sideways section is difficult and complicated to explain,
but today, the participation rate was good, so I proceeded simply and mildly.
*Red finger movement path
Long position strategy (final short)
1. 96,727 dollars long position entry section / cut-off price when the green support line is broken
2. 100,445.5 dollars long position 1st target -> Top 2nd target until the weekend
After reaching the top section, switch to a short position
Check the live support line and price range
The first section at the top is a sideways market
From the first section breakout, an upward trend can be connected. If you don't touch the first section and come down right away,
the second section becomes the final long position,
and the MACD dead cross imprint on the weekly chart during the weekend is the main key point.
Even if it breaks through the top section and continues to rise,
the dead cross may continue to press down next week,
so it could be a headache.
If you look at the bottom,
from the current position to the sky blue support line of $98,912.5 (safe zone)
and maintain it without breaking away from the bright sky blue of $92,796 at the bottom (danger zone),
it would be good.
You may have been surprised by the sudden decline last week due to Nasdaq and Trump,
but as I explained last time, since the movement is within the expected range,
it seems that the direction will be revealed to some extent after this week.
I ask that you simply refer to and use my analysis so far,
and I hope that you operate safely with principle trading and stop loss prices.
You worked hard this week too.
Thank you.