Python in Trading
Python in Trading
1. Backtesting Strategies
Backtesting means testing your trading strategy on historical data to see if it works.
Tools:
Example:
python
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buy()
2. Technical Analysis
• Support/Resistance levels
• Candle patterns
Libraries:
Example:
python
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import talib
df['RSI'] = talib.RSI(df['Close'])
3. Stock Screening
Example:
Libraries:
Example:
python
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print(stock['Name'])
You can:
• Calculate how much to invest in each trade
Libraries:
Libraries:
Python can place live trades automatically using brokers' APIs like:
• Upstox API
Example:
python
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Analyze 200 stocks quickly Write a script to apply filters like RSI, EMA
Automate intraday trading Use Zerodha API + Python to place trades at 9:20 AM
3. Learn Plotting
4. Apply Indicators