skillfed

trader-hand-skill

Trader Hand Skill equips you with comprehensive technical analysis reference material covering RSI, MACD, Bollinger Bands, VWAP, moving averages, ATR, and volume analysis. Each indicator includes calculation formulas, worked examples, and practical interpretation guidelines for identifying trading signals and market conditions.

Trader Hand Skill provides technical analysis indicator reference with formulas and signal interpretations for informed trading decisions.

AI-generated summary based on this skill's SKILL.md

18,065 2,283 Apache-2.0 updated by RightNow-AI

Install

RightNow-AI/openfang/trader · repository language: Rust

git clone https://github.com/RightNow-AI/openfang
cp -r openfang/crates/openfang-hands/bundled/trader ~/.claude/skills/trader
npx skillfed install RightNow-AI/openfang/trader

Frequently asked questions

AI-generated answers based on this skill's SKILL.md and metadata

How to calculate RSI technical analysis?

Trader Hand Skill teaches RSI (Relative Strength Index) calculation by dividing average gains over a period by average losses, then converting to a 0–100 scale. The skill provides worked formulas showing how to compute RS (gain/loss ratio) and apply the standard 14-period lookback, plus interpretation guidelines: readings above 70 suggest overbought conditions, below 30 suggest oversold, and crossings near 50 often signal momentum shifts.

What MACD indicator trading strategy does Trader Hand Skill cover?

Trader Hand Skill explains MACD (Moving Average Convergence Divergence) construction: subtract the 26-period EMA from the 12-period EMA to get the MACD line, then plot a 9-period EMA signal line. The skill details entry signals when MACD crosses above the signal line and exit signals on crossovers below, plus histogram divergence patterns that reveal momentum strength and potential reversals.

How does Trader Hand Skill apply Kelly criterion for bet sizing?

Trader Hand Skill covers Kelly criterion as a position-sizing formula: multiply win probability minus loss probability ratio by win/loss size ratio. The skill shows worked examples demonstrating how to calculate optimal position size to maximize long-term growth while controlling drawdown risk, and explains why fractional Kelly (half or quarter Kelly) is often preferred in live trading to reduce volatility.

What candlestick patterns and chart-based signals does the skill teach?

Trader Hand Skill details hammer, doji, engulfing, and other candlestick patterns with visual descriptions and entry/exit logic. The skill explains how to spot these formations on charts, interpret their reversal or continuation signals, and combine them with support/resistance levels and moving average crossovers (golden cross, death cross) for higher-confidence trade setups.

How does Trader Hand Skill help execute trades via Alpaca API?

Trader Hand Skill provides reference material on Alpaca API order placement, including limit order syntax, position sizing parameters, and order types. The skill guides you through proper risk management integration—setting stop-loss levels, calculating position size from account equity and ATR volatility, and logging trades in a journal to track performance and calibrate confidence over time.

What risk management formulas does Trader Hand Skill include?

Trader Hand Skill covers ATR-based position sizing, Kelly criterion bet sizing, maximum drawdown recovery calculations, and Sharpe/Sortino ratio performance metrics. The skill teaches risk/reward ratio analysis (e.g., 1.5:1 targets), profit factor and expectancy-per-trade formulas, and pre-trade checklists linking entry signals, stop-loss placement, and position size to your account risk tolerance.

SKILL.md

rendered from the published skill — quoted content, verbatim

Trading Expert Knowledge

Reference Knowledge

1. Technical Analysis Indicators Reference

RSI (Relative Strength Index)
Formula: RSI = 100 - (100 / (1 + RS))
Where:  RS = Average Gain / Average Loss over N periods (default N = 14)

Step-by-step calculation:
  1. For each period, compute change = Close(t) - Close(t-1)
  2. Gains = max(change, 0), Losses = abs(min(change, 0))
  3. First average: simple mean of first 14 gains/losses
  4. Subsequent: AvgGain = (PrevAvgGain * 13 + CurrentGain) / 14  (Wilder smoothing)
  5. RS = AvgGain / AvgLoss
  6. RSI = 100 - (100 / (1 + RS))

Worked example (14-period):
  Avg Gain over 14 periods = 1.02
  Avg Loss over 14 periods = 0.68
  RS = 1.02 / 0.68 = 1.50
  RSI = 100 - (100 / (1 + 1.50)) = 100 - 40 = 60.0

Interpretation:

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Read as markdown · JSON record · Browse the source repository

File tree — 2 files
crates/openfang-hands/bundled/trader/HAND.toml
crates/openfang-hands/bundled/trader/SKILL.md

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Tags

technical-indicators order-execution portfolio-risk market-psychology data-integration position-management performance-metrics trade-documentation volatility-analysis entry-exit-rules