Archive of all Posts
Market Review for Week Ending Friday August 23rd
On Friday we saw all 10 of the US Market Summary indexes finally turn green. The last remaining holdouts were IWM and the S&P400 mid-cap index as discussed last weekend. On Friday both of those indexes had a significant up move which took them into the 80th...
The Anchored VWAP (AVWAP) Indicator
What is the Anchored VWAP? The AVWAP, or Anchored VWAP (Volume Weighted Average Price), is a trading indicator that represents the average price of a security, factoring in both its price and volume, starting from a specific point in time. This point, or "anchor," can...
Decoding the MACD
The MACD Indicator The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The MACD is calculated by subtracting the 26-period Exponential Moving Average...
How Difficult Is It To Beat The S&P 500 Index?
https://youtu.be/MNTVM2ipOQE Can A Simple Trading System Outperform SPY? Recipe for replicating the test shown in the video The 200 Day Moving Average indicator was used in the video to try to outperform the SPY ETF. The exact setup steps are shown here so that you...
Does thinkorswim adjust for dividends?
A while back I wrote an article on Dividends and Backtesting which explains the reason behind the need to adjust stock price history whenever a stock goes ex-dividend. A recent question I received asked does thinkorswim (TOS) adjust for dividends? Initially I recalled...
How to create your own Stock Trading Templates
EdgeRater comes with over 100+ templates built in, but if you have a particular set of trading indicators that you use, you can create your own template to hilight the stocks that meet your own criteria. Here you will find the recording of this webinar along with...
RSI PowerZones Is Working Right Now
Market's Cycle We all know that markets progress through different phases and cycles and that there is no technical trading strategy that works over all stocks for all phases. The search for such a strategy is known as the search for the holy grail and many would-be...
The Best Trading Day of the Month to Trade
Did you ever wonder what the best trading day of the month is for any particular stock? What about the best Month or best Week of the year or the best Day of Month or even the best Trading Day's until the end of the month? These are all good questions and the answer...
Expected Move – Retail vs Professional Traders
What is Expected Move? A stock's expected move is a price range that a stock is expected to be within on a future date suggested by a stock's option prices. Price is expected to be within those levels 68% of the time. 68% is a one standard deviation move based on...
How To Find The Next GameStop (GME)
The news this past trading week has been all about GameStop (GME). The Reddit #WallStreetBets fueled move that targeted short sellers.Just last week GME opened on Monday at $96.73 and reached a high of $483 in regular trading hours (higher if you include extended...