How can Technical Analysis professionals create unique trading strategies?

For starters they could make sure that if they do have something unique they don't give their "secrets" away to a LinkedIn AI bot that's going to steal it!

Existen diferentes tipos de estrategias para trading, pero lo más importante antes de iniciar a operar y adoptar una estrategia, se debe hacer un análisis personal para identificar cual es su perfil de tolerancia al riesgo, que activo puede ser el más adecuado de acuerdo al conocimiento que tenga sobre este, y analizar los posibles escenarios y como pueden beneficiarle pero sobre todo afectarles, con esto puede adoptar o dise?ar una técnica de trading lo más adecuada a su perfil, necesidad y objetivos.

1. Risk Management 2. Setting price target, & find the trading methods that suitable to own self. 3. Then, look into technical indicators, whereby the sharing here is my personal trading indicators: (1) Must buy with the EMA > 50 - Why 50 instead of 20?20 days just too short, sometimes due to sentiments issue instead of companies’ issue, it’s better to have at least 50 trading days (3-month) to have a view & to justify whether ppl still willing to hold this stock.. (2) Stock Price needs to be discounted. Can see from Stochastic, it needs at least 50 / Below (Not necessary oversold) (3) At least 1 Long Candlestick can be seen (4) The volumes of Trade if there is one day which is higher than average one, then it's a Buy Signal

As you grew in your career, the only thing that can help you to have 360 degree overview will be from this data. It combines various indicators, analysing historical price patterns, value and volume. With this you can analyse internally what you want to achieve in future year and what are the inputs require to achieve the same. You can plan your sale target (considering the historic sale and projects in hand) and vis a vis the internal action plan to achieve the same. May be seeing the history, raw material, machinery, manpower can be planned.

One thing technical analysis allows you to do is study history. Technical analysis is all about the charts. Spend time analyzing historical charts to identify repeating patterns. This can be done on charts of various time frames, such as intraday, daily, weekly or even monthly. Deciding how fast you want to be is important. Do you want to make decisions each day, once in a while, or maybe only very few times in the course of a year. Most important is finding a technical aspect in the charts that you can define, repeats and is profitable. Then set up a system you can faithfully execute.

Our main focus is equity in Indian stock market. Before entering the trade we analyze the on each time frame like monthly, weekly and daily. the trend must be same on all the time frame and similar pattern must be followed by the chart. If it satisfies all the condition, we do plan the entry.

Choosing the correct tf is so much important. Someone who don't have lot of time can become a swing trader. Someone who can watch market after hours can become day trader and people who don't have patience should only see the daily candles

Choose a market or a specific instrument and a timeframe for capital deployment. For example, my goal is to multiply capital by day trading the top 100 US technology stocks via derivative contracts for difference, or CFDs. Find long-term volatility, such as daily volatility, and short-term volatility, such as hourly volatility. To make markets, use a money management approach such as the Kelly criterion. Understand different time zones, how important economic events affect the tech sector, and how to manage probability risk. Maintain consistency and patience to attain your training goals, as a reasonably significant number of trades are required.

Choosing the right market and timeframe is a critical step. This decision shapes the nature of the analysis and the potential success of the strategy. Each market has its own characteristics, including volatility, liquidity, and trading hours, influencing the strategy's effectiveness. The choice should align with the trader's expertise, risk tolerance, and market understanding. The second aspect is selecting the appropriate timeframe for trading. This choice depends on the trader’s style and objectives. Day traders might prefer shorter timeframes where they can capitalize on small, intraday price movements. In contrast, a long-term investor might focus on daily or weekly charts to understand broader market trends.

El mercado mas confiable y seguro es el de Futuros, ya esta regulado por Chicago Mercantile Exchange con estrictas reglas que rigen a los diferentes trading, tanto institucionales como retail. El mejor marco temporal para operar es preparar la operatoria en Una Hora y operar en Cinco minutos, operando fundamentalmente en Scalping. Yo solo opero un producto, SP500.

There are many indicators in the stock market but at the same time we know most of the indicators are lagging indicators. So, trading purely based on indicators can be dangerous, but if we apply these indicators with some patterns, they give amazing results. like 20 and 50 EMAs plays perfectly with demand and supply theory.

A solid trading strategy would be incomplete without a competent collection of instruments for detecting trade signals. Make sure you have a decent set of leading and lagging indicators. Combine these tools with a suitable risk-to-reward ratio calculated using a win-loss % as well as consecutive wins and losses. Pivot points, Fibonacci extensions, and retracements are some of the strongest leading indicators. To supplement them, use trailing indicators such as market profiles, relative strength indexes, and moving averages. To validate indicator readings, keep time zones and economic news in mind. To generate signals, find a synergy between indicator readings and price related to your trading plan.

Ich habe eine K.I. entwickelt, die mir Aktien anhand ihres letzten Quartalsberichts und unter Betrachtung von Momentum, Sektormomentum und allgemeiner Wirtschaftslage vorschl?gt. Es entsteht eine Shortlist. Wenn ich Intraday trade orientiere ich mich meist am VWAP und am RSI - sofern es genügend Volumen gibt.

Recognizing patterns with consistent outcomes serves as a stronger foundation for a trading strategy, while indicators are best utilized as tools to construct an execution/entry checklist. The optimal synergy of both elements forms a comprehensive trading system grounded in precise rules. Adherence to these rules eliminates personal bias and emotions from decision-making processes.

This process involves choosing tools that align with traders market, timeframe, and objectives. Indicators can be broadly categorized into trend, momentum, volume, and volatility indicators. The choice of indicators should complement the trader’s strategy and market conditions. Moreover, professionals should not rely on a single indicator. Combining different types of indicators can provide a more comprehensive view and help in confirming signals. The key is to select indicators that provide clear, actionable signals aligned with the trader’s goals and risk tolerance.

As professional traders, we must know our entry, stop loss, exit and position size before entering the trade. there is formula for calculating position size based on your capital and risk capability. Assuming that someone has Rs 1L capital and he decided to take 1%(Rs.1000) risk per trade of his capital. Let's say he knows the entry and stop loss also then we can calculate position size as below. Assume that Rs10(Entry and stop loss diff) is stop loss. position size = (Risk per trade)/(difference of entry and stop loss). So, Position size = 1000/10=100 quantities. And risk reward ratio is 2:1 for each trade.

Define your entry and exit rules using a backtested trading strategy. A strong execution plan should contain the trade signal's time zone and underlying technical analysis. Make a check list with the following suggested items:? - Reason for execution - A price technical analysis - Position sizing - Required margin in response to risk. - Pre-set entry, stop-loss, and take-profit prices. - Method of trade execution, such as a market order or a pending order. -Trade management - add positions, increase/decrease exposer by moving SL/TP A successful execution plan should focus on high-quality trades and?focus?on?each trade?individually. A large number of well-executed trades will enhance the trading experience and overall outcomes.

Defining precise entry and exit rules is crucial for Technical Analysis professionals to ensure discipline and consistency in their trading strategies. Entry rules should be clear and based on specific conditions indicated by chosen technical indicators or price patterns. Similarly, exit rules are essential to protect profits and limit losses. They can be defined based on various factors like reaching a target price, a change in market conditions, or a predetermined stop-loss level. Moreover, exit rules are not just for stopping losses but also for realizing gains. Setting profit targets or using trailing stops can help in capturing profits at optimal points.

After finding a strategy try it without money or in paper trading first to see if you're capable of finishing the trade in green thats it

Don't believe on any strategy with testing is on historical data. Trade at least 100 trades on this new strategy after testing on historical data. it must have good accuracy.

Backtesting is an excellent method for simulating real trading. It saves a lot of time to test and evaluate strategies. With third-party plugins such as FXblue Trading Simulator, the MetaTrader 4 platform provides a strategy tester. Backtesting can assist in identifying trading setups, analysing drawdowns, calculating the win-loss % of a series of transactions, and performing other analytics. Back testing can provide you with the following statistics. - Risk/reward ratio - Worst day or week - The risk of ruin - Trade duration - Average results: win/loss ratio and numbers - Maximum drawdown - Trade win/loss ratio and numbers - Profitability factor

This process involves testing the strategy against historical data to assess its effectiveness and reliability before applying it in real market conditions. Backtesting helps in understanding how the strategy would have performed in the past, allowing traders to refine and adjust their approach. It's important to ensure that the backtest is realistic. After backtesting, the strategy should be evaluated and refined. If the strategy shows promise, it can be tested further through paper trading or with a small amount of capital in real market conditions. Continuous evaluation and adaptation are key, as market conditions change over time.

As professional trader, we should maintain trade log report and we put remark of all the trades we have executed in past month. Review all the trades executed in previous month and learn from the mistakes we have made and don't repeat these mistakes in future. Doing so you able identify your weakness and your strengths.

Refining a strategy is the delicate art of reviewing a system's performance without compromising its effectiveness. Add setiment analysis and corelation to the strategy to increase its robustness. Always keep a trading journal that includes these non-backtested external market factors. Calculate dynamic entry and exit points based on market volatility. Recognise that some factors, such as the proportion of risk derived from a back tested sample, cannot be altered. Continuously improve the aspects that help in decision-making. Incorporate a data-driven strategy to evaluating trading success. Continuous losses are sometimes unavoidable in trading. Create a psychological assessment and action plan for difficult situations.

Trading is also a profession and treat it as how you treat your other professions. Its not a gamble or shortcut to make money. Spend time to understand the behavior of stock market. People who are having greedy mind set and thinking that market is a short cut to earn money, market punishes them. So, before entering the market learn from experience mentor. Let me tell you one thing, stock market is game of mindset, its 20% skills and 80% mindset.

The final step after developing and refining a strategy is to allocate capital consistently. Determine the optimum transaction size based on account size, risk tolerance, and win rate using a capital allocation strategy such as the 'Kelly criterion'. Maintain an advantageous risk-to-reward ratio. Allow the winners to run since indexes like the S&P500 and NASDAQ100 will always gain in value. To develop the investment base, use compound interest to reinvest gains and gradually raise position size. Only enormous losses should be avoided, while big winners, modest winners, and minor losses should be welcomed. Be mindful of your emotional tendencies and biases, such as recency bias, loss aversion, anchoring bias, revenge, and overtrading.