Lecture: Learning Candlestick Charts

Last Updated on November 16, 2021 by shibatau

Typos are corrected.

I. What do you learn?

Let’s learn how to read candlestick charts and how to create them with Python.

Refer to: Candlestick Charts In Python: FA14

II. Where do you find candlestick charts?

No candle charts here.

Nikkei 225 in Yahoo! Finance

You can find a candlestick chart here.

Nikkei 225 in Yahoo! Japan

Japanese people may love candlestick charts because they were invented in Japan and also called “Japanese candlestick charts”.

Candlestick chart

III. Reading candlestick charts         

A trading day consists of four components: Open, High, Low and Close. They are shown in a candle stick.

source: https://en.wikipedia.org/wiki/Candlestick_chart

IV. Creating a beautiful candlestick chart

1.Scripts

https://colab.research.google.com/drive/1Q45TSWcGZYpyEBZQAkQV_s-aakZ9uljv?usp=sharing

2.Chars

V. Reading Moving Average Lines

I have explained about how to read moving average lines here:

Finance: Simple Moving Average ver. 2

 

About shibatau

I was born and grown up in Kyoto. I studied western philosophy at the University and specialized in analytic philosophy, especially Ludwig Wittgenstein at the postgraduate school. I'm interested in new technology, especially machine learning and have been learning R language for two years and began to learn Python last summer. Listening toParamore, Sia, Amazarashi and MIyuki Nakajima. Favorite movies I've recently seen: "FREEHELD". Favorite actors and actresses: Anthony Hopkins, Denzel Washington, Ellen Page, Meryl Streep, Mia Wasikowska and Robert DeNiro. Favorite books: Fyodor Mikhailovich Dostoyevsky, "The Karamazov Brothers", Shinran, "Lamentations of Divergences". Favorite phrase: Salvation by Faith. Twitter: @shibatau

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