Added topic How to connect Django with MT5 using Webrequest?
I have made a Python Django API model. I am trying hard for the last few weeks to read the JSON object using Webrequest but I am getting error 4029 Invalid array. Previously I had connected Telegram with MT5 using the Webrequest and it worked. But it
Published post How To Create Tick Bar And Range Bar Charts?
Most traders who trade on MT4 never come across tick charts. Tick charts are not available on MT4. Nor do we can go below 1 minute. By never going below 1 minute timeframe we are ignoring lots of information. Price moves very fast in milliseconds whereas we are looking at 1 minute charts...
Published post Bayesian AR Trading Models
Autoregressive AR models are used a lot in forecasting and prediction. The problem with standard AR models is that they use normal Gaussian errors. We all know that financial returns are not normally distributed. We can use Bayesian analysis and build AR models that have long tail returns...
Published post RandomForest Algorithmic Trading Strategy
RandomForest is a very popular machine learning algorithm. It gets widely used in machine learning classification problems. RandomForest first builds random trees by boosting using input features. Then is aggregates the trees and gives the result by majority voting...
Published post DLM Trading Models
DLM is basically the acronym for Dynamic Linear Models. Kalman Filter is the most basic form of a DLM. DLMs have been used extensively in many different fields. Can we use Dynamic Linear Models in building trading models? Of course we can. Dynamic Linear Models can help you predict price...
Published post Sequential Monte Carlo Methods In Predicting Price And Volatility
Financial markets are complex adaptive systems that are continuously changing behavior. Financial firms have to manage risk in real time so they need risk management models. Forecasting price will always be an unreliable business but we will have to do it to manage risk...
Published post Dynamic Time Warping Algorithm For Traders
Dynamic Time Warping is an algorithm that is used to compare two time series. Suppose you say, " Let's all go for shopping and then have our lunch in a good restaurant." You take 10 seconds to say this sentence. Your friend repeats this exact same sentence in 30 seconds...
Published post How To Use Volatility In Your Custom Indicator?
Volatility is a very important parameter for a quant. But I don't see many volatility based indicators being used by traders. There are invisible levels on the charts where price takes a turn. We cannot see those invisible levels but quants using their quantitative models can see them...
Published post How To Predict Currency Price High And Low In Next 24 Hours Using Brownian Motion?
Trading is a zero sum game. If you lose someone is winning. Market comprises millions of people hooked up on their computers. These people are buying and selling currencies or other instruments whatever suits them. Most of them don't know why they are buying and selling so they will always lose...
Published post ForexProfit Nexus Trading System FREE Download
If you want a mechanical trading system, you can download this ForexProfit Nexus System. Go through the 13 page PDF that explains the ForexProfit Next Trading System. Then use the installer to install the indicators and template. Test the ForexProfit Nexus system on your practice account...
Published post How Federal Reserve Bank Controls Financial Markets?
Federal Reserve Bank is a very powerful central bank. Federal Reserve Bank has tremendous influence over financial markets. Surprisingly many traders have no idea how this bank works and sets its policy. FOMC (Federal Open Market Committee) is the most important decision making body in the bank...
Published post How Economic Indicators Move Currency Markets?
Technical Traders disregard fundamental analysis. According to them price reflects all available information. We should only look at the charts and make decision accordingly. After watching your patterns fail repeatedly you will start thinking what's wrong...
Published post How To Connect MT4/MT5 With Python Using ZeroMQ?
MT4 as well MT5 have become popular trading platforms over the years. But both MT4 and MT5 have severe limitations when you develop EAs you realize it. MQL4 and MQL5 are basic languages that copy C++ syntax but lack good libraries...
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Published post Local Linear Trend State Space Swing Trading System
In algorithmic trading, you need solid quantitative models. State space is a approach that has been very successful in control theory. In the last few decades state space models have also become popular in finance. Kalman Filter is a popular state space recursive algorithm...
Published post Is TEMA Triple Exponential Moving Average A Good Indicator?
Is Triple Exponential Moving Average a good indicator? I have written a blog post in which I have discussed how to trade with TEMA. Before you use an indicator in your trading strategy, it is always a good thing to study it. Study it means you should know how the indicator is calculated...
Published post Fuzzy Candlestick Patterns Neural Network Algorithm
Candlestick patterns are leading signals for trend reversal and trend continuation. However interpreting these candlestick patterns is an art that requires years of experience. Candlestick patterns are most of the time vague and imprecise...
Published post XRP Ripple Made 22,000% Gain Last Year
Everyone is going crazy for Bitcoins while few know about Ripple. Last year Ripple made a tremendous gain of 22,000% making it the best cryptocurrency. Ripple (XRP) ended last year as the second cryptocurrencysurpassing Ethereum. In January last year XRP was trading around $0...