Hi everyone,
I was wondering if anyone already tried to build an alog based on chart patterns such as Cup & Handle, Triangle, Wedge Formation, Channel Formation etc. ?
Thanks
Chris
I just joined (new) Quantopian after attending last night's presentation in Seattle (impressive).
Yes, I have coded C&H, Triangle, Wedge, Harmonic and 30+ other Chart patterns Real-Time with No delays and Trade details
in other platform (TS). I will look into Quantopian to port few.
Regards,
Suri Duddella
I am also new to Quantopian. What platform have you coded the 30+ chart patterns? The reason I ask is that I want to do research on the statistical volatility of securities. Statistical (or historical) volatility and implied (forecasted) volatility are the basis for all options prices. My hypothesis is that statistical volatility may be over/under the realized volatility based on if the security is "in" a mainstream chart pattern. This would be easy research for someone with a chart pattern library. All you need to know is if security is "in" a chart pattern, the statistical volatility (as of a certain date) and the actual (or statistical) volatility at a future date. For options, this is typically 30 and 60 days hence. Would love to find someone who has the chart library built so I don't have to build it. I don't even need access to the library, I just need a list of securities and their chart pattern "readings" over time.
Take a look at this post https://www.quantopian.com/posts/an-empirical-algorithmic-evaluation-of-technical-analysis . Defines 5 chart patterns then uses the event study tearsheet tools to show returns etc of each. Very good example of using the research platform in determining prediction ability of chart signals.
Also, the paper referenced in the post (https://www.cis.upenn.edu/~mkearns/teaching/cis700/lo.pdf) gives a great foundation to using smoothing functions to look for chart patterns.
Hi John,
I have coded most chart patterns (auto-detected with trade details in all time-frames) in TradeStation software. I have been working with Geometric Chart patterns like H&S, C&H, ABCs, Gartleys, Channels, Triangles etc. trading/research for over 20+ years and trade (full-time) Equities/Futures/Options.
Here is my website (FREE) where I post my research/charts/setups etc.
http://www.suriNotes.com
Regards,
Suri Duddella
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