Reader small image

You're reading from  Python Algorithmic Trading Cookbook

Product typeBook
Published inAug 2020
Reading LevelIntermediate
PublisherPackt
ISBN-139781838989354
Edition1st Edition
Languages
Right arrow
Author (1)
Pushpak Dagade
Pushpak Dagade
author image
Pushpak Dagade

Pushpak Dagade is working in the area of algorithmic trading with Python for more than 3 years. He is a co-founder and CEO of AlgoBulls, an algorithmic trading platform.
Read more about Pushpak Dagade

Right arrow

Fetching historical data using the Japanese (OHLC) candlestick pattern

The historical data of a financial instrument is an array of candlesticks. Each entry in the historical data is a single candlestick. There are various types of candlestick patterns.

This recipe demonstrates the most commonly used candlestick pattern the Japanese candlestick pattern. It is a type of candlestick pattern where each candlestick holds a duration and indicates all the prices the instrument would have taken on during that duration. This data is represented using four parameters Open, High, Low, and Close. These can be described as follows:

  • Open: The price of the financial instrument at the beginning of the candle's duration
  • High: The highest recorded price of the financial instrument during the entire duration of the candle
  • Low: The lowest recorded price of the financial instrument during the entire duration of the candle
  • Close: The price of the financial instrument at the end of...
lock icon
The rest of the page is locked
Previous PageNext Page
You have been reading a chapter from
Python Algorithmic Trading Cookbook
Published in: Aug 2020Publisher: PacktISBN-13: 9781838989354

Author (1)

author image
Pushpak Dagade

Pushpak Dagade is working in the area of algorithmic trading with Python for more than 3 years. He is a co-founder and CEO of AlgoBulls, an algorithmic trading platform.
Read more about Pushpak Dagade