Demo of automated head and shoulders with XRB BTC hourly crypto currency data from Binance

(Last Updated On: May 16, 2018)

Demo of automated head and shoulders with XRB BTC hourly crypto currency data from Binance

This is a powerful indicator or trading patterns which is generated automatically. As explained in the data, I can only get this working with hourly data since it needs about 1000 data points. I can confirm it seems to download hourly data from both Bitmex and Binance using ccxt Python package. Always remember this is the potential market entry point once the closing price rises above the green dot. This pattern also needs to be verified against other patterns and indicators that I have among my arsenal.

Note that this is a very crude chart for mechanical demo purposes with no proper timing displayed on the horizontal axis. It seems to work ok.

I have no interest right now in inverted head and shoulders sinceI only have an interest in longing for now.

More info head and shoulders info

https://www.babypips.com/learn/forex/head-and-shoulders

Correction from the video means that the green dot should represent the expected price move:

You can see that once the price goes below the neckline it makes a move that is at least the size of the distance between the head and the neckline.

 

Actual results of back test history from automated trading strategy

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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This entry was posted in Bitcoin Crypto Currency, Forex, Quant Analytics, Quant Development, Trading and tagged , , , , , , , , on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs