Blog: Marketcalls

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Author Rajandran, Rajandran R,
Stats Has published 283 posts about trading

Mar 21 2023

Introduction to Auction Market Theory for Market Profile Traders

Auction Market Theory (AMT) is a cornerstone concept in the world of trading, providing valuable insights into the inner workings of markets and enabling traders to make informed decisions. Pioneered by Peter Steidlmayer and later popularized by James Dalton in his book "Mind Over Markets: Power Trading with Market-Generated Information," AMT has become an essential framework for Market Profile traders to understand and...

Markets in Profile – Profiting from the Auction Process – Book Review – Author : James Dalton

"Markets in Profile - Profiting from the Auction Process" is a comprehensive guide to understanding and applying the Market Profile methodology in trading. Written by James Dalton, an industry expert with decades of experience in the field, the book is a valuable resource for traders looking to gain insights into the market's auction process and how to capitalize on it. The book delves...

Mar 19 2023

Algomojo Platform Now Open to 5Paisa Users

Algomojo, a leading Algotrading platform for DIY traders, is excited to announce that it is now open to 5Paisa users. This partnership aims to provide seamless access to a comprehensive Algotrading platform for 5paisa’s extensive user base, enabling them to manage their trading positions both manually and automatically. The post Algomojo Platform...

Dynamic Color Coding in Amibroker Profit Tables: A Visually Appealing Approach

Profit tables are a valuable tool for traders and investors to analyze the trading strategy performance of their investments over time. However, the traditional presentation of these tables, with default colors, can be visually boring and hard to interpret. Enter dynamic color coding - a simple yet powerful way to enhance the readability and visual appeal of profit tables in Amibroker. The post...

Mar 18 2023

Statistical Significance and P-Value Explained in Simple Terms

Statistical significance is a measure of whether an observed result or effect is likely to be real or simply due to chance. In other words, it helps us determine if a difference between two groups or a change over time is meaningful or just a random variation. The post Statistical Significance and P-Value Explained in Simple...

Algomojo Platform Now Open to Goodwill Commodities Users

Algomojo, a leading Algotrading platform for DIY traders, is excited to announce that it is now open to Goodwill Commodities users. This partnership aims to provide seamless access to a comprehensive Algotrading platform for Goodwill Commodities' extensive user base, enabling them to manage their trading positions both manually and automatically. The post...

Mar 17 2023

Introduction to Machine Learning for Traders and Investors

Machine learning (ML) is revolutionizing industries worldwide, and the world of trading and investing is no exception. The ever-evolving financial markets generate massive amounts of data, making them an ideal environment for ML applications. This blog post will introduce you to machine learning, its relevance in trading and investing, and the steps to incorporate ML […] The post...

Mar 16 2023

Nifty Futures Short-Term Bottom Formation

Mar 16 2023 Published at Marketcalls under tags  futures and options market profile nifty

On the higher timeframe, there was a strong negative sentiment observed in the Nifty. This resulted in a significant decline of almost 650+ points in the current week. The support level for Nifty Futures is expected to be around 16850 levels. The post Nifty Futures Short-Term Bottom Formation appeared first on...

Nifty Daily Returns – Distribution Statistics – Python Code

The Nifty index is one of the most popular stock market indices in India among traders and investors, and it tracks the performance of the top 50 companies listed on the National Stock Exchange (NSE). As a trader or investor, it is important to understand the distribution statistics of the Nifty index in order to know the trading instrument behavior based on the...

Mar 11 2023

Plotting Dynamic Intraday Straddle Charts using Amibroker

Recently Intraday Straddle sellers are on the rise and so the questions to us about how to plot intraday straddle spread dynamically during the day. And Build a Historical chart to visualize weekly options / monthly options spread. In this blog you will learn how to create dynamic Intraday Straddle Charts using Amibroker The post...

Mar 07 2023

[Updated] Send Smart Options Execution Orders from Futures or Spot Signals in Amibroker using Algomojo Platform

This tutorial provides instructions on how to utilize simple buy and sell trading signals in Spot/Future charts to place option orders (including ATM, ITM, and OTM options) on the Algomojo platform. Implementing this system can help traders mitigate risk, particularly in the event of unexpected market movements that may result in significant losses. Additionally, implementing ATM or ITM option buying strategies, as opposed...

Unleash the Power of AI and Bing Chat to Create Amibroker AFL Trading Strategies: No Coding Skills Required

Mar 07 2023 Published at Marketcalls under tags  ai amibroker amibroker afl bing chat chatgpt

In today's world, where time is money, traders are always looking for ways to streamline their trading strategies to maximize their profits. In this part of the video, we will explain how traders can create profitable trading strategies in Amibroker with absolute zero coding skills. The post...

Mar 01 2023

Supertrend Algomojo Trading Strategy using Algomojo and yfinance

Supertrend is a simple ATR-based trend-following strategy that identifies the current trend and mages the risk dynamically with ATR-based trailing stoploss. In this blog, we will learn how to implement the Supertrend Algomojo trading strategy using Algomojo and yfinance python library. The post Supertrend Algomojo Trading...

Feb 27 2023

Build a Correlation Matrix using Python Pandas and Seaborn

In finance, a correlation matrix is a matrix that shows the correlation between different variables. It is a powerful tool for analyzing the relationships between different stocks or other financial instruments. In this blog, we will explore how to build a correlation matrix using Python Pandas and Seaborn. The post Build a Correlation...

Feb 26 2023

What Traders/Investors need to know about Hypodermic Needle Theory

The Hypodermic Needle Theory, also known as the Magic Bullet Theory, is a communication theory that suggests that media messages are injected directly into the minds of audiences, influencing their beliefs, attitudes, and behaviors without any resistance. This theory was first introduced in the 1920s when the mass media was rapidly expanding and becoming an increasingly important part of people's lives. The post...

Nifty Monthly Returns Heatmap Generation using yfinance and Seaborn

Everyone loves to visualize this market in their own way. Python comes in handy when comes to visualization. One of the Awesome programming languages to code any level of complexity. However, I start here by simply generating a heatmap that visualizes the Historical Nifty returns in percentage terms since 2010 and thereby visualizes the reality of the market. The post...

How to Plot Candlestick Charts using Python

Feb 26 2023 Published at Marketcalls under tags  candlestick charts nsepy python

In this tutorial, we use the nsepy library to get historical data for the RELIANCE stock from the National Stock Exchange (NSE) in India. The data is then used to create a candlestick chart using the matplotlib library. The post How to Plot Candlestick Charts using Python appeared first on...

Feb 25 2023

Introduction to Pandas DataFrame – Python Tutorial for Traders – Part 1

Pandas is an open-source Python library that is widely used for data manipulation and analysis. One of the most popular features of Pandas is the DataFrame. It is a two-dimensional table-like data structure that allows you to store and manipulate data in a way that is similar to a spreadsheet. The post Introduction to Pandas...

Feb 24 2023

Writing your First Python Automation using Algomojo and yfinance Python Library

Feb 24 2023 Published at Marketcalls under tags  python

In recent years, there has been a significant increase in the use of automated trading strategies in the financial markets. With the advent of powerful tools and libraries such as Algomojo and yfinance, it has become easier than ever before to develop and deploy trading strategies using programming languages like Python. The post...

[Updated] How to Get Futures and Options Data and Commodities Data into Google Spreadsheet

In this blog, we will explore how to use Algomojo to get futures and options data and commodities data into Google Spreadsheet, step by step. Whether you are a seasoned trader or just starting, this guide will help you make sense of the data and helps you to configure your own trading application in Google Spreadsheet using Algomojo. The post...