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Python Script to Identify Doji Candlestick Patterns
A Doji candlestick is a special type of candlestick pattern in the stock market that shows indecision between buyers and sellers. When doji candlestick forms, it indicates that the market opens and closes at the same price. This means there is equality and indecision between buyers and sellers, with no one controlling the market How a Doji Candle Looks Line-by-Line Explanation 1. Importing Libraries 2. Change Current Working Directory 3. Generate Trading Session Opens the file access_token.txt and reads the access token (used for authenticated API calls). Reads API key & secret from api_key.txt and splits into a list.Example: ["your_api_key", "your_api_secret"] Creates a KiteConnect object with your API key. Sets…
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How to Create Simple SMA Strategies in Python?
A Simple Moving Average (SMA) strategy is one of the easiest and most popular techniques used in technical analysis for trading. It helps identify trends by smoothing out price fluctuations over a specific period. What Is Pandas? Pandas is an open-source Python library that provides high-performance, easy-to-use data structures and data analysis tools. It’s built on top of NumPy, and it’s especially useful for: What Is NumPy? NumPy is an open-source Python library that provides: 1. Steps to Create an SMA Strategy Using Python: 2. Reading the CSV File 3. Displaying the DataFrame This line just displays the contents of the DataFrame df. In a Jupyter Notebook or interactive environment,…