Stock Price History Pattern Matching Utility
Published on Sep 24, 2023 by Amman Qadir.
System: Stock price history pattern matching utility
Technologies: Python (asyncio matplotlib mplfinance pandas...)
Problem: Build a system which identifies stocks that are currently in the process of repeating previously observed price history patterns, based on low-high and high-low trend time intervals.
Solution: Our solution involves iterative analysis of a large large database of stocks, gathered from web sources. Price histories are divided into progressively smaller time period bins, with duration labelled the "granularity" of the iteration. The pattern of trends across bins is compared with recent price movements to identify matching segments. We then used a visualisation system based on Japanese "renko" diagrams to depict matches in an easy-to-digest format.
Note this is a bespoke system created upon request; we provided no advice on stock selection methods.