This post is part of the T4p Series. In the previous post, I introduced you to Candlestick patterns, explaining what they are and discussing a couple of well-known patterns and their implementation in Python. We will be discussing further famous patterns in coming posts but here we will learn how you can come up with your own candlestick patterns and implement them in Python. Ultimately, we will be using our custom and awesome candlestick pattern to generate signals and print money. Custom Pattern So, what would that custom pattern be? Pretty simple: Bullish: If 3 consecutive candles are green, it triggers a SELL signal. Bearish: If 3 consecutive candles are red, it…
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Using the RSI Indicator to Generate Trading Signals in Python with TaLib
This post is the part of trading series. In the past, I gave you a brief intro to Ta-Lib and how it can be used in technical analysis, in this post, I am going to discuss how you can RSI indicator to generate buy or sell signals in Python by using the TA-Lib library. Before I write code about the implementation, let’s discuss a bit about signal generation and RSI. What Are Signals In the world of trading, signals are cues or indicators that are derived from various kinds of analyses and guide investors on when to buy, sell, or hold shares. They help traders to make informed decisions based…
