@crazy25000 i'll look into it thanks
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Latest posts made by Tirtharaj
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Creating a strategy based on Supports and Resistances and plotting said linesposted in General Discussion
Hello, I'm new to Backtrader and I want to achieve the following.
I want to create a trading strategy based on Support and Resistance lines and price action but for now, my goal is to calculate and visualize said support and resistance lines for a stock. So my questions are :-
What is the best practice here in order to detect and plot support and resistance lines? The practice of using supports and resistances seems to be common so I'm guessing there must be widely accepted measures to do it.
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It's likely that supports and resistances don't have a standard approach because it is rather subjective. In that case I'd like to use the trendln package in order to calculate these lines.
link: https://pypi.org/project/trendln/ -
I've come across a pinescript indicator which finds horizontal supports and resistances to my liking. I require help in converting that to an indicator in backtrader.
link:https://www.tradingview.com/script/va09eWAp-Support-Resistance-Dynamic-v2/
Thank you everyone in advance, if I'm asking these questions on the wrong forum, please direct me to the correct one.
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