A candlestick formation is a structure the price of a stock resembles over time. (See https://en.wikipedia.org/wiki/Candlestick_pattern)
A problem with stock trading strategies is that they loose effectivness over time. While many people use formations/patterns such as bullish engulfing and hammers, the statistical edge they use to have has almost completely disapeared!
The purpose of this project is to create a program that systematically finds profitable formations using historical price data.
This is currently in development, more to come!
For now, here is my previous (failed) attempt: https://github.com/nicoloridulfo/FormationFinder. The README file is extensive and explains in detail how this works.
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- Description generation
- Trading
In the projects root directory, run:
python -m unittest