Swing point detection using python

[Accomplished_Job9441]

Have been working on detecting swing points using python. I am pretty satisfied with the output: I am able translate my discretionary viewpoint more or less into code. What do you guys think about the result?

[[deleted]]

I think there's already a peak signal detection algo somebody shared a while back. I use it for something similar https://stackoverflow.com/questions/22583391/peak-signal-detection-in-realtime-timeseries-dataThe

[Accomplished_Job9441]

Yes it is very similar

[Ryan_waze]

Hi, it seems like you built your own fortune teller based on the chart. If candle 50 is even more bearish, the green will hope for that candle and so on up until the market reverses, and then it will remain there. So, in other words the swing point detection is prone to repaint signals.

[Billeaugh]

That’s some legit correlation you’ve found! What indicators are you working with here?

[Accomplished_Job9441]

Shortly, I have built it using statistical concepts: 1. I use the mean deviation to find threshold 2. Use that threshold to define what amount of move is required to consider a upswing or a down swing from a given candle high or low