Trading the Envelopes — A Python Study.
Coding & Back-testing the Envelopes as a Trading Strategy.
The concept that something is overbought or oversold is very known in Technical Analysis and yet it does not seem to always deliver something positive even though there are many good and stable strategies that deliver above average returns as we have seen in previous articles. This article will present the Envelopes Indicator and see how to create a trading system that uses it to generate trades.
I have just published a new book after the success of New Technical Indicators in Python. It features a more complete description and addition of complex trading strategies with a Github page dedicated to the continuously updated code. If you feel that this interests you, feel free to visit the below link, or if you prefer to buy the PDF version, you could contact me on Linkedin.
The Concept of Moving Averages
Moving averages help us confirm and ride the trend. They are the most known technical indicator and this is because of…
