MasterTrader1949X

MasterTrader1949X Updated 

What is CPR indicator:- Central Pivot Range (CPR) indicator is used to identify key points of price levels. The previous day's high, low, and close prices are used to calculate the CPR levels for the current day. It is comprise of 3 levels – Central pivot point (pivot point/PP), Top central pivot (TC) and Bottom central pivot (BC). These levels remain constant...

MasterTrader1949X Updated 

What is an EMA:- An exponential moving average (EMA) is a moving average that measures the average price of a security and assigns more weight and meaning to the most recent data points. Compared to SMA, EMA responds more effectively to recent price changes and applies equal importance to all observations over the period. What is an Envelope:- Envelopes are...

MasterTrader1949X Updated 

What is RSI indicator:- RSI is a momentum oscillator which measures the speed and change of price movements. RSI moves up and down (oscillates) between ZERO and 100. Generally RSI above 70 is considered overbought and below 30 is considered oversold. Some traders may use a setting of 20 and 80 for oversold and overbought conditions respectively. However this may...

MasterTrader1949X

What is a Pair Trading ? - Pair Trading is a market-neutral trading strategy that involves the simultaneous buying and selling of two correlated or related financial instruments. - Traders identify two assets that historically move in tandem and take positions based on the expectation that the spread between the assets will converge or diverge. - The strategy...

MasterTrader1949X

These two tools may increase accuracy of selection of stocks for you keeping various important factors in these:- PIOTROSKI SCORE: Its comprise of "9" fundamentals used to evaluate a company's financial health. Profitability Criteria: 1. Positive Net Income (Profitability) - (1 point) A company should have a positive net income in the current year. 2. Positive...