The Trend Line – A powerful weapon in a trader’s arsenal Trend Line There are so many indicators available to traders and investors today that some of the most simple and effective ones are sometimes overlooked. Trend lines can be a trader’s best friend because they are so versatile, easy to use, and most importantly, […]
Trend-following traders, at one point, exclusively used some form of moving averages either for entry, exit, or a combination thereof. However, as computers evolved and more people and firms entered the market, moving average systems lost some of their initial luster. Ed Seykota, a legendary technical trader, used a modified Donchian1 moving average system and […]
Creating a basic trading system is not difficult. Contrary to popular belief, you do not have to be a computer engineer or have advanced computer programming knowledge to design an effective trading system. The main objective for a trading system should be to use basic logic, determined by you, to automatically get you into various […]
Creating a trading system requires careful planning and research. However, you also have to possess the skills to build a system from the ground up. This requires advanced programming knowledge. You are going to completely count on the system in getting you in and out of trades. There will be times when you are going […]
