Wednesday, 17 April 2013

Trade Charts - Buy/Sell Models

The fourth option on the current main menu is "Trade Charts". This is a feature set I plan to implement in the future.

One tool in this feature set will analyze past data to generate a daily target range for Day Trading. Such a technique was described by Thomas H. Kee Jr. on the Marketwatch web site as "Lock and Walk" and "Swing Trading Strategy". Other web sites offer subscription services for a daily set of targets to implement "Lock and Walk".

EE Charts will use mathematical formulae to be determined to calculate a daily range.

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