TECHNICAL ANALYSIS

Bollinger Bands is a technical analysis indicator that measures the volatility of a security’s price movements within a certain time frame. It consists of three lines: the middle line represents the moving average of the security’s price, and the upper and lower bands are calculated at a certain number of standard deviations from the moving […]

The Dual Commodity Channel Index (DCCI) is a technical analysis indicator that measures the relationship between two commodity prices. It is constructed using two Commodity Channel Indexes (CCIs) for two different commodities, with the two CCI lines plotted on a single chart. Formula: The DCCI is calculated as follows: Formula for the first CCI: CCI_1 […]

Relative strength is a concept in strength training that describes the relative load a weight or exercise exerts on a muscle group compared to the weight or load that the same muscle group can handle. Formula for Relative Strength: Relative Strength = Weight/Max Load x 100% Where: Interpretation: Examples: Benefits of Relative Strength: Applications: Note: […]

Platykurtic is a term used in mathematics to describe a function that has a curvature of zero. Definition: A function is platykurtic if its curvature is always zero. In other words, the function’s graph is a straight line. Examples: Characteristics: Applications: Platykurtic functions have applications in various fields, including: Additional Notes: FAQs

The average return is a measure of performance commonly used to describe the overall returns of an investment portfolio or asset. It is calculated by taking the sum of all the returns in the portfolio or asset over a given period of time and dividing that sum by the number of years in the period. […]

Technical analysis is a type of market analysis that uses mathematical and statistical tools to identify, interpret, and predict future price movements of financial assets. It is based on the principle that past price movements can be used to forecast future movements. Key Concepts: Uses of Technical Analysis: Advantages: Disadvantages: Conclusion: Technical analysis is a […]

A range of prices within which a security or commodity typically fluctuates. The upper and lower bounds of the channel are created by the highest and lowest prices reached by the security or commodity in a given time frame. Key Features: Uses: Drawbacks: FAQs

Definition: The t-distribution, also known as Student’s t-distribution, is a probability distribution that describes the sampling distribution of the t-statistic, which is a standardized measure of the difference between a sample mean and the population mean, divided by the sample standard deviation. Key Properties: Uses: Formula: The t-distribution is given by the following formula: t […]

A bullish harami is a candlestick pattern that consists of a small candle, followed by a larger candle of the opposite color. The smaller candle is formed completely within the previous candle, and the larger candle is a reversal of the previous candle’s trend direction. Characteristics of a bullish harami: Interpretation: A bullish harami is […]

Mcginley Dynamic Indicator (MDI) is a trend-following indicator developed by the trader Gerald McGinley. It is designed to measure the strength of trend movement and momentum, by analyzing the relationship between the current price and the average price over a specific period. Key Concepts: Average Line: MDI consists of two lines, an upper line and […]