What Is TA-Lib And How To Use It To Implement Technical Indicators?

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In this article, you will learn:

• What is TA-Lib? How to install it? How to use it?
• 2 technical indicators (ATR, BBands): Definition, Formula
• Implement them using TA-Lib, and Python from scratch
• Compare results between TA-Lib and Python implementation
• Understand the intuition behind

1 TA-Lib

1.1 What is TA-Lib?

Talib is an open-source technical analysis library used by traders, investors and analysts to perform complex calculations on financial data and build trading strategies.

The library is written in C language and provides more than 150 technical indicators and trading functions. These indicators are used to identify trends, measure momentum, and assess the overall strength and direction of a market.

🗨️ It can be easily integrated into various programming languages such as Python, R, and Java, making it accessible to a wide range of users.

All informations about TA-Lib library are included in the github repo:

https://github.com/TA-Lib/ta-lib-python

1.2 How To Install TA-Lib?