First Post
Tuesday, January 2, 2007
Market Ninja is a commentary of the development of my trading software, along with discussions about areas of trading, specifically technical analysis, to help the readers understand the aim of the software along with the techniques of trading I find important.
My strategy is simple and easy to follow, but it isn't mechanical and requires the trader to have a simple understanding of technical analysis. The most useful tool I have is the Market Ninja software I am developing. Although there are many technical analysis solutions available, I developed Market Ninja to suit my trading strategy.
The initial aim of Market Ninja is to download free end of day data, apply an array of indicators to each stock and provide me with a list of stocks that have potential to fit my criteria for a trade. Market Ninja performs this task differently to most scanning software available that I have trialled, which will be discussed in later posts.
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