Optuma Blog
Articles of interest & reports on trading, technical analysis, money management, and all things Optuma.
Re-defining Support & Resistance – Volatility Trading Part 2
Volatility is the most important technical measurement we can make as analysts. We are all familiar with the old saying, ‘money makes the world go around’. I now believe ‘volatility makes the world go around’. By my estimate I think this to be true beginning about 20 years ago. This owes mostly to the radical expansion of securitization which began in the 1990’s.
How to add Customized Columns (and Analysis) to Your Watchlists – Repost
In five minutes Darren shows you how to add custom analysis columns, including studies, trend changes based on moving averages and more to your watchlists.
Unleash the Power of Scripting
If you’ve been following our blog, you’ll be aware that the power of Optuma is unlocked through the Optuma Scripting Language. Scripts can be used throughout Optuma, including within the Scanning Manager, Watchlist Columns, Technical Alerts, and the Signal Tester.
The Sandpiper and Trading – Volatility Trading Part 1
As a trader do you find yourself sometimes looking at a price chart and wondering why a stock reversed at a specific level? Or possibly more often you may want to know where it will stop falling so you can buy it. If so, you are thinking about what the extreme is…“what is the farthest?”
Death by a thousand small losses—the truth about statistics
When we don’t understand all the numbers that make up our test results, we may be forced to endure more small losses than we can survive. Or “Death by a thousand small losses”.
Lies, Damned Lies, and Average Returns
We’re told that there are three kinds of lies: lies, damned lies, and statistics. As I’ve been focused so heavily on Signal Testing throughout 2016, I’ve been learning more and more about average returns. I now realise that this statement should be “Lies, Damned Lies, and Average Returns”. In this post I explain why the humble average is such a dangerous number for system builders and investors.
Beating the Investment Roller Coaster
As investors and traders, at times we are often our own worst enemy. Almost everyone, even the greats, will concede that investing can be an emotional rollercoaster. Many of these greats have also come to the understanding that containing emotions is critical to success.
Optex Bands Part 2
Last week I wrote about the journey I took with the Dynamic Market Profile tool and how it showed some promise as a mean reverting strategy. I performed a number of “back tests” (getting the computer to run the simulation with a model portfolio), but could never get the consistent results I was seeing by observing charts.