In this article, Alex explains the concept of momentum used in the GoNoGo Oscillator.
Introducing the GoNoGo indicators: eliminate analysis paralysis to keep your focus on price, without losing sight of the complete technical picture.
Learn how to create scans and tools based on the Anchored Volume-Weighted Average Price (AVWAP) tool.
A quick look at the performance of this year's IPOs on the Australian and US markets. Optuma clients can download and open the workbook and add their own analyses.
Last time we looked at ways to create a custom ranking system using simple scripting formulas based on a number of technical conditions, and in this article we'll look to take it a step further by calculating breadth measures on a universe of stocks, and also adjusting the weightings.
In your studies you may have come across the ‘weight of evidence’ approach to investing which looks at prices and various indicators to help identify potential trading opportunities.
Use the scripting language to identify swing patterns (e.g. higher highs & lows), changes in direction, and swing gaps.
Use the scripting language to identify swing trend versus direction in scans and watchlists, and to create a swing ranking value.
An introduction to Optuma's swing chart capabilities, including how to easily identify trends using colour schemes and scans.
How to use our powerful scripting language with Relative Rotation Graphs® to help identify opportunities.
Use the Signal Tester to quickly test how often certain events occur, and what happens after.
Optuma’s scripting language allows you to create any number of scans and tests on any number of tools and values. But when we were asked if we could create a scan to identify divergences between price and a momentum indicator, such as the RSI, I wasn’t sure how this could be done.
This post is an update on some errors we have found with our testing tools. Being open about issues like this is very important to us.
Correlations are an important tool in portfolio construction. But are you aware of the dangers that nearly every analyst ignores? In this post we will review what correlations are, how it can be used to diversify risk and what the dangers are that you have to be aware of.