Discussing the article: "Finding custom currency pair patterns in Python using MetaTrader 5"

 

Check out the new article: Finding custom currency pair patterns in Python using MetaTrader 5.

Are there any repeating patterns and regularities in the Forex market? I decided to create my own pattern analysis system using Python and MetaTrader 5. A kind of symbiosis of math and programming for conquering Forex.

Many things in our world seem chaotic at first glance. But any experienced specialist sees patterns and possibilities in his or her personal sphere that seems confusing to others. The same is true for currency pair charts. If we try to systematize this chaos, we can discover hidden patterns that can suggest future price movement.

But how to find them? How to distinguish a real pattern from random noise? Here is where the fun begins. I decided to create my own pattern analysis system using Python and MetaTrader 5. A kind of symbiosis of math and programming for conquering Forex.

The idea was to study a lot of historical data using an algorithm that would find repeating patterns and evaluate their performance. Sounds interesting? In reality, the implementation turned out to be not so simple.


Author: Yevgeniy Koshtenko

 
Thank you Yevgniy , A great template evaluate an idea with python. much appreciated