There is a realm where exists exotic technical indicators like the Relative Strength Index, Stochastic, MACD, etc., and the indicator we are going to discuss today certainly adds to this list given its performance that exceeds those of the above-mentioned ones. It’s none other than the True Strength Index, shortly known as TSI.

In this article, we will first build some basic intuitions about the indicator and how it is calculated or the mathematics behind it. Then, we will move on to the programming part where we will use Python to build the indicator from scratch, construct a trading strategy…

In today’s article, we are going to discuss a special indicator that is specifically dedicated to long-term trading purposes which is the Coppock Curve. We will first discuss the concepts that are prerequisites for the Coppock Curve. Then, we will move on to exploring the main concept of this article which is the Coppock Curve, and the math behind the indicator. After that, we will proceed to the coding part where we will use Python to build the indicator from scratch, construct a trading strategy based on it, backtest the strategy and compare the results with those of the SPY…

There are an extensive amount of technical indicators out there for trading purposes but traders being so picky will end up choosing only a handful of them and the indicator we are going to discuss today definitely adds to this list. Behold, the Disparity Index. …

Introduction

While you’re studying technical indicators, you would definitely come across a list comprising curated indicators that are widely considered as ‘must-know’ indicators that need to be learned by you before getting your hands dirty in the real-world market. The indicator we are going to explore today adds to this list given its performance in the market. It’s none other than the Keltner Channel (KC).

In this article, we will first discuss what the Keltner Channel is all about, and the mathematics behind the indicator. Then, we will proceed to the programming part where we will use Python to build the…

While I backtested a trading strategy with one of the most popular momentum oscillators, the Moving Average Convergence/Divergence (MACD), the results were amazing. Today, I found a clone of the MACD indicator whose performance is even more efficient. It’s none other than the Know Sure Thing, shortly known as the KST indicator.

In this article, we will first build some basic intuitions on what the KST indicator is all about, and methods to calculate the indicator. After that, we will proceed to the programming part where we use Python to build the indicator from scratch, construct a simple trading strategy…

I’ve backtested a lot of trading strategies based on an extensive amount of technical indicators. Among those, some indicators’ results are off the charts and I term these as premium indicators. In today’s article, we are going to discuss a trend-following indicator that joins this exclusive list of premium indicators concerning its performance and efficiency. It’s none other than the SuperTrend indicator.

We will first explore what this indicator is all about and its complex calculation. Then, we will move on to building the indicator from scratch in Python and construct a simple trading strategy based on it. Finally, we…

Introduction

While having a look at the list of most popular momentum indicators that consists of the Relative Strength Index, and the Stochastic Oscillator, the one we are going to discuss today also joins the list when considering its usage and efficiency in the real world market. It’s none other than the Williams %R.

In this article, we are going to explore what Williams %R is all about, the math behind this indicator, and how a trading strategy based on it can be built with the help of python. As a bonus step, we will compare the returns of our Williams…

There are four different branches of technical indicators out there but the most popular one is known as the trend indicators. These indicators help traders in identifying the direction and strength of the market trend, and trade along with them. In most cases, the indicators that come under the category of trend reveals good results unless we use them efficiently.

In this article, we are going to explore one of the most popular trend indicators, the Average Directional Index (shortly known as ADX). We will first build some basic understanding of what ADX is all about and its calculation, then…