The Indicore SDK User Guide
Introduction
Technical analysis is a financial markets technique that claims the ability to forecast the future direction of prices through the study of past market data.This technique stresses that all factors affecting the future price are already reflected in the past market data. Only price and volume are used to analyze the past market data.
Technical indicator is a type of analysis tool that indicates or predicts the market direction. A technical indicator makes mathematical transformation of prices or other indicator results into a set of numbers applied to the same time scale. These numbers are much easier to understand compared to prices and reveals the market tendency.
There is a huge repository of indicators. Each indicator expresses a certain trading idea. Traders build custom indicators to implement their trading ideas.
Using the SDK, we can create our own indicators. This user guide provides us with all necessary guidelines.
Note:
To be able to create our own indicators, we should know the basic
terms of the Forex market, such as currencies, price,
bid, ask, etc. To have a brief understanding of
these terms, see the section About Forex.
3rd party components
The following 3rd party components are used under MIT or similar licences:
How This Guide is Organized
Information in this guide is organized into the following way:
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This section of the documentation describes the additional lua extension libraries avialable |
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