RE: Converting Pine Script Indicators Into Python Daily Alerts Report
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Wow! You remembered!!
I am sorry...but I often feel when I talk or communicate, people just nod, and say “aah huh” but they are not really listening...they are just humoring me. Do you know the feeling?
So I get pleasantly surprised when people remember! Thank you!
I am so glad you are exploring the scripts and with python too! That cam be useful to you.
With that said let me say something that I have learned over 29 years of trading virtually anything under the sun :)
any indicators are, by definition, derivatives of price and/or volume; therefore they are always slower in giving signal than price and volume
At a given time price is always right and you try and predict prices at a future time which for a single sample size is impossible but for a large number of sample size... a game of probability! This is where any automation can be useful.
I do remember, sometimes.
But I also had to use my Librarian app to get the exact quote.
https://hivelibrarian.herokuapp.com
One thing I always fail to consider is the volume.
I will start paying more attention to it.
I really like automation. But scripts for large samples run long.
For example, to evaluate almost 7 thousand tickers it took this script an hour and a half.
Thank you for advices. I really appreciate them.
I will try to remember. :)
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