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Security analysis methodology used to forecast the prices direction based on the past market data study.
1
vote
What is the standard to compute volume profile using OHLCV data?
When faced with the same problem I just assumed that the volume is normally distributed across the high/low range of the bar as exemplified by the following Octave code snippet
ticks = norminv( linspa …
2
votes
Open source software for stock screening and scanning using technical analysis?
I would recommend using Python because it can be downloaded for Windows or Mac and is available in almost all Linux repositories as standard.
Once you have Python installed you can use any of the fol …
1
vote
Identifying "logical" segments on trading charts
I don't know, because your chart shows no time stamps, but I'd hazard a guess that the first third is the "overnight" session after the New York close until the London open, the second third is the Lo …
3
votes
Appropriate way to normalize Bollinger Bands?
Specifically for using Bollinger bands, you could use the %B indicator. This will scale your price data to the 0 to 1 range ( easily adjusted to -1 to +1 range ) which is convenient for the Sigmoid or …