Practical Guide to Automated Detection Trading Patterns with Python

Originally published at: Practical Guide to Automated Detection Trading Patterns with Python | EODHD APIs Academy

In order to discuss this topic of Practical Guide to Automated Detection Trading Patterns with Python, we need to introduce the basics first. I’m sure everyone is familiar with what a trading graph looks like, often represented with green and red bars forming a line graph. There is a lot of data and information condensed into this simple shape. A candle represents one interval of data E.g. one hour on the graph. It will contain four vital pieces of information. The Open, High, Low, and Close for the interval E.g. hour. This is often referred to as OHLC data. The candle will be displayed green if the candle / hour has an Close higher than the Open, and red if…