Just updating my past post on autogenerating support and resistance lines for the EURUSD. I've updated the charts to use Bokeh, a nicer and interactive set of plots. You can zoom in and see the candles at various price levels. I still need to do more labeling work on the charts as I learn how to use the Bokeh library. The thing that's hanging me up right now is how to correctly label the horizontal support and resistance lines (aka as Spans in Bokeh) with the actual value. The other thing I need to do is add a legend. Red means resistance and Green means support.
The charts work on 2 years of data with a 20 day look back period for generating the support and resistance lines. In the future I want to optimize the look back period using some other method. What method? I don't know but that's on the back burner until I figure out how to generate a single webpage with the charts loaded into them.
In case you want to see what gets autogenerated every Saturday morning, you can click on the EUR_USD, USD_JPY, and GBP_USD currency pairs. If there any other ones you want to see, drop me a comment below and I'll add them.
I added the expected returns for a momentum startegy to each currency pair chart. The idea is to see if you can be profitable with momentum trades over 15, 30, 60, and 120 days. Some results are very interesting. I have a Momentum Trading Bot all built and ready to go. I just need to set up my Oanda account correctly and then I'll start 'practice' trade it.