Candlestick patterns

Hey Kagiso ,

Could you please provide your code so that we can assist you better?

Best,
Nico

Hey Nico Xenox,

Thanks for responding and for providing the template. I'm still confused with how to integrate that into the code I have just provided. 

Essentially with the STO and boll bands I want to include a hammer candle so that the trades will only run when there's a hammer candle, the specified STO level and specified Boll level.

Thank you,

Kagiso

Hey Kagiso ,

good job! Now you only have to write a few lines more. To add the hammer indicator:

# SET TECHNICAL INDICATORS
self.hammer = self.CandlestickPatterns.Hammer(self.crypto, Resolution.Daily)

Here it really depends on the resolution that you want to receive the signals. If you want to get the signals more often you will have to go lower with the resolution but then you will have to change a few things in your code (updating indicators,example) → Explanation: You have a daily resolution on your ticker, the indicator that needs the minutely data cant acces this data because you're using daily data. What you will have to do is change your ticker to the lowest resolution that you're currently using and then you can simply register your other daily indicators with a consolidator.

When there is a hammer candle the value of the indicator will be one otherwise it will be 0 or something in between. To access the value you can do something like this:

if self.hammer.Current.Value == 1:
	#do this

When plotting:

self.Plot("Hammer", "value", self.hammer.Current.Value)

I ran your backtest but depending on where you add the statement (mid, long) doesnt do much. I guess you either have to try it with a longer timeframe or change the resolution to Hour or Minute but for that, again, you will have to look at the links that I provided.