$FB’s 19% drop was preceded by TA-LIB and Social Market Analytics indicators to sell. The $120 Billion drop in market cap could have been an opportunity to short sell before the market close the previous night.
Tag: Technical Analysis
IBM, the 100-year-old company, is wedging into a tight trade, but it looks like the Bulls are gearing to press a move higher. Just before year-end, the stock set a Three Inside Up Japanese candlestick pattern setting the stage for a rally.
Source code using TA-LIB and Python included.
December 19, 2017 Monday Google pressed new highs, but Tuesday closed out the day with a Harami Sell signal. Watch out for today. A negative close today boosts the negative outlook with the emergence of a Three Inside Down pattern. In this event, it will most likely mean that there will be a “little coal in Google stockholders stockings for Christmas”.
Anyone who has ever worked on developing a trading strategy from scratch knows the huge amount of difficulty that is required to get your logic right. … TA-LIB Turbo-Charges Your Research Loop: TA-Lib is widely used by quantitative researchers and software engineers developing automated trading systems and charts. This freely available tool allows you to gather information on over 200 stock market indicators.
In this video, we introduce you to Candlestick Bars, a store of Historic Market Data, how to access that data via Pythons Lists and how pointers work in lists.
There was a fresh sell signal for Catalent Inc. stock this week. The recent rally has been put on hold with the emergence of a Bearish Engulfing signal. More selling pressure is expected to develop as the market degrades from the steep upward slope it has been trending on. This post shows a trading signal and has algo source code links.
Technical analysis shows a piercing the line trading signal. This post includes links to source code show how to capture this signal with TA-LIB
This stock has been on a negative slide for months, and every bounce has been one to sell into. The outlook is different for this current turn in direction. A “Three Outside Up” Japanese Candlestick reversal pattern… Source code for signal links included.
Categories
Improving A Trading Strategy
TD Sequential is a technical indicator for stock trading developed by Thomas R. DeMark in the 1990s. It uses bar plot of stocks to generate trading signals. … Several elements could be modified in this strategy. Whether to include the countdown stage, the choice of the number of bars in the setup stage and countdown stage, the parameters that help to decide when to exit and the size of the trade will affect strategy performance. In addition, we could use information other than price to decide whether the signal should be traded.
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The Patient Chart Pattern Trader
“Chart pattern trading is a style that is more suitable for recreational trading rather than professional. This is one reason it was never considered seriously by the majority of hedge funds. In addition to requiring patience, slow chart pattern formations offer enough time for detection and competition is high at diminishing returns.”