Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

True Strength

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No, this isn’t an inspirational, motivational post, in spite of the title. Now that we have finished the new technical studies dialog box, we intend to start adding studies at a brisk pace (whereas I think an entire year has gone by since we’d added anything). If you didn’t see the video introducing the new interface, please click here to watch it.

The True Strength Index was created in 1991 as a means to find market extremes and potential oversold/overbought conditions. It is a double-smoothed indicator, relying on exponential moving average as its foundation. Specifically, its calculation is:

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My Beef with Argentina

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SlopeCharts is the best in what it does in so many different areas, but one that is often overlooked is its FOREX charts. Due to recent events, I’ve been very focused on the Chinese Yuan. If you go to the supposedly great thinkorswim platform, it’ll just stare at you stupidly if you type in the symbol (and this is a company that was bought for two-thirds of a billion dollars). With sweet little SlopeCharts, however, bang, it’s there instantly.

I was reminded of this because there’s a lot of chatter about the collapse of the Argentinian Peso. I was curious about this, so I zipped over to SlopeCharts and, God bless it, the chart came up beautifully.

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