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1. Introduction
2. Why this app?
3. Technologies Used
4. Modules included
5. Diagrams
6. Future work
7. Conclusion
INTRODUCTION
People generally invest on stocks which are dependent upon several factors
like the reputation of the company , may be an individual entity which can
create a critical situation because we can’t predict all the things. Text mining
is used to analyze the newspaper, magazines etc.
1. Take profit :It is a type of limit order that specifies the exact price
at which to close out an open position for a profit.
2. Trailing stop loss : It sets the stop price at a fixed amount below
the market price with an attached trailing
amount. As the market price rises, the stop
price rises by the trail amount, but if the stock
price falls, the stop loss price doesn't change,
and a market order is submitted when
the stop price is hit.
4. Candle : It is a type of price chart used that displays the high, low, open and
closing prices of a security for a specific period. It originated from
Japanese rice merchants and traders to track market prices and
daily momentum hundreds of years before becoming popularized in
the United States.
6. Ask : In the context of stock trading on a stock exchange, the ask price is the
lowest price a seller of a stock is willing to accept for a share of that
given stock. For over-the-counter stocks, the asking price is the best
quoted price at which a market maker is willing to sell a stock.
Currently we have made the app for a single currency pair i.e. EUR/USD .
So, the module is not yet dynamic in nature to actively support multiple
currency pairs. Hence, we are going to make it more dynamic. The
OANDA Api does not support crypto-currency, so we may try other
brokers which may provide more instruments.
CONCLUSION :
By this, we conclude that this app uses platforms compatible with
today’s on-going trends. Hence, with all the features provided by
this app it is expected to make people involved in trading much
easier to understand the market situation.
THANK YOU