Unlock Real-Time Trading Signals: Automate Your Technical Analysis with This Proven 3-Indicator Strategy

Imagine receiving automated buy-or-sell trading signals in real-time, eliminating the need for constant monitoring of technical analysis charts. This is now possible by harnessing the power of technical analysis indicators. As defined by Investopedia, technical analysis is a trading discipline that evaluates investments and identifies trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.

Three popular technical analysis indicators are Simple Moving Averages, Relative Strength Index, and Stochastic Oscillator. Investors and traders who incorporate technical analysis into their trading strategy often refer to TA charts regularly to inform their investment decisions. However, instead of constantly scrutinizing the charts, they can receive notifications when a Buy or Sell condition arises.

In this article, I will explore how to leverage these three indicators to generate Buy or Sell trading signals. Unlike other articles that focus on a single indicator and stop at presenting historical results, I will take it a step further by running the analysis on an ongoing basis at a configured interval, such as every minute, hour, or day. When a trading signal is generated, I will utilize a chat BOT to post the signal details into a chat room, notifying users and saving them the effort of frequently monitoring the charts.

To access the required data, I will utilize the Refinitiv Eikon desktop application and its Data API. However, it should be relatively straightforward to substitute this with your own data source and associated API. I will also employ symbology conversion functions to convert from ISINs to RIC (Reuters Instrument Codes) for requesting the necessary data.

Learn how to unlock real-time trading signals and automate your technical analysis with this proven 3-indicator strategy. Read more at computerstechnicians.com.