Whether you're a seasoned trader or just starting out, understanding divergence is a critical aspect of trading in the financial markets. In this blog, we will dive deep into the concept of divergence, explore its definition and various types. We'll also shed light on the crucial role played...
The last three types of charts are used less frequently. Some find them hard to read, others prefer to have more information. But at the end of the day, the decision is yours – choose any type that suits your trading style. Besides, you can always try them out and switch whenever...
ClusterNodeNum Integer Current number of nodes in the cluster ProjectId Integer ID of the project to which the cluster belongs TagSpecification Array of TagSpecification Tag description list. ClusterStatus String Cluster status. Values: Trading (Preparing), Creating, Running, Deleting, Idling (Idle)...
MSC_TABLE_GRAPH_OPTIONS_B MSC_TABLE_GRAPH_OPTIONS_TL MSC_TRADING_PARTNER_SITES MSC_TRANSORG_GT MSC_UNITS_OF_MEASURE MSC_UOM_CLASS_CONVERSIONS MSC_UOM_CONVERSIONS MSC_USER_ACTIONS MSC_USER_GROUPS MSC_WD_COMP_SUBSTITUTES MSC_WD_OPERATION_MATERIALS MSC_WORKAREA_DFT_LAYOUTS MSC_WORKAREA_PAGE_LAYOUTS...
When generating the SMA, traders must first calculate this average by adding prices over a given period and dividing the total by the total number of periods. The information is then plotted on a graph. The formula for Simple Moving Average is written as follows: ...
Next, in options spread trading, the strike price and expiration dates need to be determined. The strike price is the price at which the option will be executed and the expiration date is the date till which the contract will be valid. These parameters will depend on the type of spread se...
It is a form of graph that allows a visual comparison between several quantitative or qualitative aspects of a situation and also allows a visual comparison between several situations that are drawn using the same axes (poles).Data Requirements...
Types of Trading Channels 1. Trend channel In trend channels, the price series of a security shows the defined trend lines that slope at the support and resistance lines. Trend channels are not appealing to long-term traders since their entries represent clear counter-trend trades that cannot fl...
Also, traders needing more information than the close to test theirtrading strategywill have to find other charts. Candlestick charts, which contain an asset's daily open, close, high, and low prices in the same graph, may prove more useful.3 Pros Clarity and simplicity: Line charts offer a...
channel support and sell at channel resistance. While this type of range trading is nice, the bigger trading opportunity presents itself when there is a channel breakout. When this occurs and is confirmed, then the probability of a quick, significant move in the security's price increases ...