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…
-
-
Introduction to technical Analysis in Python using TA-Lib
This post is the part of trading series. In this tutorial, I am going to discuss TA-Lib, a technical analysis library for Python apps. Before I move on and discuss how you can do technical analysis in Python, allow me to discuss what technical analysis is and how it helps to make a decision about whether you buy an asset, sell, or hold it. What is Technical Analysis From Investopedia: Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. In short, it is the study of past and current data and…
