https://github.com/BatuhanUsluel/Algorithmic-Support-and-Resistance

Automatically identifies support and resistance lines on a stock chart using reversal points, displays candlestick chart.
https://github.com/BatuhanUsluel/Algorithmic-Support-and-Resistance

Last synced: about 2 months ago
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Automatically identifies support and resistance lines on a stock chart using reversal points, displays candlestick chart.

• Host: GitHub
• URL: https://github.com/BatuhanUsluel/Algorithmic-Support-and-Resistance
• Owner: BatuhanUsluel
• License: mit
• Created: 2019-09-15T03:02:12.000Z (about 5 years ago)
• Default Branch: master
• Last Pushed: 2023-04-26T12:00:48.000Z (over 1 year ago)
• Last Synced: 2024-04-22T18:23:47.443Z (5 months ago)
• Language: Python
• Homepage:
• Size: 878 KB
• Stars: 267
• Watchers: 6
• Forks: 95
• Open Issues: 2
• Metadata Files:
  • Readme: README.md
  • License: LICENSE
  • Support: SupportAndResistance.py

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README

        
# Algorithmic-Support-and-Resistance

![AMG Example](screenshots/AMG.png)

Uses the [zig-zag](https://www.investopedia.com/terms/z/zig_zag_indicator.asp "Investopedia Definition") technical indicator to mark reversal points. If there are multiple reversals at a close price range, it averages them out and draws a support/resistance line. Displays a candle-stick chart with the zig-zag indicator and the support/resistance lines marked. Currently loops through a list of s&p500 stocks, getting the data from yahoo finance.

```

usage: Support&Resistance.py [-h] [-t TICKERS] [-p PERIOD] [-i INTERVAL]

                             [-d DIF] [--time TIME] [-n NUMBER] [-m MIN]

Algorithmic Support and Resistance

optional arguments:

  -h, --help            show this help message and exit

  -t TICKERS, --tickers TICKERS

                        Used to look up a specific tickers. Commma seperated.

                        Example: MSFT,AAPL,AMZN default: List of S&P 500

                        companies

  -p PERIOD, --period PERIOD

                        Period to look back. valid periods:

                        1d,5d,1mo,3mo,6mo,1y,2y,5y,10y,ytd,max. default: 1d

  -i INTERVAL, --interval INTERVAL

                        Interval of each bar. valid intervals:

                        1m,2m,5m,15m,30m,60m,90m,1h,1d,5d,1wk,1mo,3mo.

                        default: 1m

  -d DIF, --dif DIF     Max % difference between two points to group them

                        together. Default: 0.05

  --time TIME           Max time measured in number of bars between two points

                        to be grouped together. Default: 150

  -n NUMBER, --number NUMBER

                        Min number of points in price range to draw a

                        support/resistance line. Default: 3

  -m MIN, --min MIN     Min number of bars from the start the

                        support/resistance line has to be at to display chart.

                        Default: 150

```

Example Charts:

![BLL Example](screenshots/BLL.png)

![CF Example](screenshots/CF.png)

![COP Example](screenshots/COP.png)

![COST Example](screenshots/COST.png)

![D Example](screenshots/D.png)

![ETR Example](screenshots/ETR.png)

![HAL Example](screenshots/HAL.png)

![HRB Example](screenshots/HRB.png)