Technical Indicators & Pattern Recognition in Python.
Creating a Trading Strategy Based on Pattern Recognition.
Technical pattern recognition is a mostly subjective field where the analyst or trader applies theoretical configurations such as double tops and bottoms in order to predict the next likely direction. However, we rarely apply them on indicators which may be intuitive but worth a shot. This article discusses applying a direct and flexible version of double tops and bottoms on the relative strength index.
I have just released a new book after the success of my previous one “The Book of Trading Strategies”. It features advanced trend-following indicators and strategies with a GitHub page dedicated to the continuously updated code. Also, this book features the original colors after having optimized for printing costs. If you feel that this interests you, feel free to visit the below Amazon link, or if you prefer to buy the PDF version, you could contact me on LinkedIn.
