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Auto detection of extreme points based on a specified price variation

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by , 02-10-2017 at 12:14 PM (1254 Views)
      
   
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Many popular trading strategies are based on the use of different graphical patterns: head and shoulders, double top/double bottom and others. Some strategies also analyze the divergence of extreme points on the charts. When automating such trading systems, the necessity arises to find, process and interpret peaks and bottoms on charts. Existing tools do not always allow us to find extreme points according to the established criteria. The article presents efficient algorithms and program solutions for finding and processing extreme points on price charts depending on a price variation.

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