When building strategies on Capitalise.ai, you’ll come across various terms related to different asset classes like stocks, forex, indices, and ETFs. Here’s a quick guide to help you understand what they mean:
🔢 Price Terms
Instrument Name / Price / Market Price / Spot Price – The asset’s most recent known price.
Open – The price at which the asset started trading on the current day.
Last Day Close / Base Price – The asset’s closing price on the previous trading day.
Last Day High – The highest price reached by the asset during the previous trading day.
Last Day Low – The lowest price reached during the previous trading day.
Change – The nominal or percentage price change since the previous day's close.
📊 Volume Terms
Volume – The number of units traded so far today.
5/14/25/50/100/200-Day Volume – The total volume traded each day over the selected number of days.
Average Volume – The average number of units traded per day over the last 50 days.
5/14/25/50/100/200-Day Average Volume – The average volume per day over a custom date range.
📈 Bar / Candlestick Data
Used for technical analysis, bar (or candlestick) data includes:
Bar / Candlestick – Represents a time-based price snapshot of the asset using H/L/O/C/M data (High, Low, Open, Close, Mid).
No. of Bars – Number of completed bars to include in the calculation.
Bar Period – Timeframe for each bar (e.g., 1 minute, 15 minutes, 1 hour).
Bar Price – Choose which price to use per bar (Open, High, Low, Close, Mid).
Price at HH:MM – The price of the asset at a specific time of day.
💰 Profit & Loss Terms
These terms relate to the current hit of your strategy — not the total P/L of the entire strategy.
Profit – The realized or unrealized gain for the current hit. Can be expressed in nominal or percentage terms.
Loss – The realized or unrealized loss for the current hit. Also available in nominal or percentage terms.
Trailing Stop – Triggers when P/L drops from its peak by a set amount or percentage (e.g., a 1% drop from a 10% peak to 9%).
Trailing Take Profit (TTP) – Combines a fixed take profit with a trailing stop. Once your profit target is reached, a trailing stop begins tracking P/L from its highest point.
If you'd like to see examples or explore how these can be used in your strategy, let us know — we’re happy to help!
Note: All screenshots and examples are for technical demonstration purposes only. They should not be considered as recommendations for any specific trading strategy, nor do they constitute any form of advice. Please click here for further explanation