Candlestick-Pattern-Recognition-with-Python-and-TA-Lib

Goal

• Look at the S&P500 to try and get a better understanding of these candlestick patterns and how we can use them to find actionable ideas for trades programmatically.
• Benefits doing this programmatically is that it saves us time.
• Be able to detect these technical patterns using python.
• Analyze the S&P500 for all the technical patterns.
• Scanner for technical patterns
• Web application

Example of Technical Patterns

• Engulfing Pattern

DEMO

• Example of getting data on a stock from a certain start date to end date
• "data = yf.download("SPY", start="2021-01-01", end="2021-10-22")" YIELDS:

• Output of data on dates that have and dont have the morningstar pattern, 0 for it doesnt have and 100 for it does.

• "num = talib.CDLMORNINGSTAR(data Open, data High, data Low , data Close )"

• If we print out "print(num[num !=0])" we see the dates that indicate a MorningStar pattern is detected

• The date that our program has outputted is 2021-03-22
• If we observe this date we can confirm the MorningStar Pattern has been detected