Tuesday, May 29, 2018

Analyser Part 5 (Working with pattern)

In the last article , I explained inbuilt strategies of analyser, now if you want to analyse the pattern, analyser provides way to analyse the candle patterns. here are some menus and report of analyser.




Analyser Part 4 (Working with strategies )

Here I am going to explain, how to work with strategies, if suppose the user don't want to spend time to analyse the market ,just want to apply any strategies, Analyser has some inbuilt strategies. User can stick with any inbuilt strategies and trade by using it's level.
Here are some strategies
PDM

P25

P7

2652

MA

Planned to add more strategies in future

Analyser (EOD) - Part 3 (Working with multiple symbols)

Now here we are going to see , how analyse all symbol in one click, Different type of Support and Resistance
User may want to apply different method to find R3,R2,R1,PP,S1,S2,S3 here, analyser provides 3 methods to find the supports and resistance.
  • Pivot method => Displaying pivot for all symbols
  • Fibonacci method => Displaying Fibonacci method of price level for all symbol
  • Data => Displaying supporting and resistance from historical data for all symbol

Now the question is how to find most buy able/sell able symbols, if the user get this kind of list , they can make some plan , for example, if major time frame and strength are in same direction they can open a deal. For that analyser provide the summary with graphical format. so user can easily find the trend.
Now if you want to see the signal result of all major indicators, analyser provides that also . with a single click, user can get all major signals for all symbols.
apart from this, analyser has variety of reports to analyse shown below
Heat Map
Bias
Intraday Strength
Technical Outlook Trend
Daily Strength

Analyser EOD - Part 2 (Working with selective symbol)

Toolbar and use

This toolbar provides a quick look of selected symbol, when user select the desired symbol, it will show the buy entry, buy tp1,tp2 and take profit 3 and , it will show Sell price entry , tp1,tp2, and sell take profit 3 as well. The novice customer can follow the level. additionally this toolbar provides support and resistance level, expected range , current open,high,low and close values, current change. on watch list it will automatically highlight the symbol.

This is another toolbar given under watch list, it sill show the selected symbol's trend, and Moving Average values, so based on this user can wait for the right entry to place the order.
Now the question is what is the position of the price of the symbol, that also I can graphically represent as shown below
above indicator is showing result for single symbol, now consider the below to know how it is useful to find the trend and strength .

and user can get summary of selective symbol in a single click, example shown below


You can see, the above report showing , technical lookup of selective symbol, has following feature
  • Last trading info => when the symbol is last traded
  • Price Info => showing current price value
  • Projection => Technically recommended price for the selective symbol with TP Level
  • Pivots => User can check various R3,R2,R1, PP ,S1, S2, S3
  • Showing current trend using MA (This is basic level report)
  • Showing Major trend in graphical view.
These information gives a good outlook about the selected symbol to the users.
Now here is another analzer report, showing trend range, means a short summary , when a buy/sell trend starts, and when it ends will displayed in price range format, so, when user on this level, can check with indicators and use this ranges for good entry.

More over suppose,if user want to see different ranges with different pivots, that is also available in analyser.

Monday, May 28, 2018

Analyzer (EOD) Part -1

Hi here I will explain my project , Analyzer , After getting interest in forex market, I have planed to start a project for my own purpose, which should work for all market. The need is simple, if suppose , you have more symbol in market, it is very difficult to capture the high trending symbols, for that, you have to see each symbol one by one, instead of that, I have planned to create an application which could prepare a report in a single click. Below I explain the features of MI-Analyzer .

Let me explain , one by one
Working Environment This Anlyzar working environment has following options
  • Menu Bar
  • ToolBar
  • Watch and data tab
  • Middle Tool bar
  • Current Order and Indicator Summary

next post I will explain working environment and feature of Analyser project.

One of My MT4 Indicator for forex

My Own Indicator (MT4) Hi, I have developed some indicators for Mt4 , here is one of the indicator
Here what I can assume?, Market is UP? , Market is Down?
Now Look at the same chart with my Indicator.
=> Red Bar is = Sell entry
=>Blue Bar is = Buy entry
=>Gray Bar following with Red bar = it is Sell trend (keep)
=>Gray Bar following with Blue bar = it is Buy trend (keep)
=>The little green color Bar indicating you, there is a possibility of trend reverse, if you are already in good profit, and there is green color bar on the chart, better close and book your profit.

Sunday, May 27, 2018

MySelf

Working as a senior developer at Al-Dhafra Financial Broker LLC (UAE) , It is providing very good e-trading platform for the customers and allow them to watch and trade for DFM (Dubai Financial Market) and ADX (Abu Dhabi Stock Exchange) markets. I have implemented .Net Remoting , Multi threading concepts on this platform. Also, I have personally developed a financial Indicator's framework which including (MA,EMA,WMA,CLASSIC PIVOT,WOODIES PIVOT,RSI ....etc) , by using this framework, we can programmatically apply the indicators and get result, and this will help to develop algorithmic trading platform . I am looking for good opportunity to implement (my idea) a good analyzer application for financial trading platform, which works as a good EOD analyzer, Pattern recognizer, Algorithm supporter and etc. I also implemented some EA ,Indicators on MT4 Platform.

Analyser Different types of charts to Analyse a symbol

Analyser has in-built charts to analyse a selective symbol here is the example