This post is part of the T4p Series. In the previous post, I briefly introduced candlesticks and how to detect a bearish and bullish candle in Python. In this post, we are going deeper, discussing candlestick patterns, what they are all about, and how to detect and represent them in Python Introduction As you learned in the previous post, there are mainly two types of candles: Bearish and Bullish. The size of the wick and the body determines what kind of bearish and bullish candle it is. Candlestick patterns visually help traders learn about the price movement to interpret the market sentiments. History Candlestick patterns were developed centuries ago by Japanese…
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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…
