Guysmalerie
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Candlestick pattern with algo trading
in General Trading Strategy Discussion
Posted
Hi,
I choose this forum because https://labs.ig.com/community is completely dead
I'm developping my own trading bot based on candlestick pattern.
With IG API, I can fetch BID or OFR data about OPEN, HIGH, LOW, CLOSE of the current candle.
Problem is BID_XX or OFR_XX doesn't represent the actual price so if I base my candlesticks patterns on these datas, they can be wrong because of difference between BID/OFR and the actual price. A pattern, whatever it is, is effective if everybody see the same thing.
How can I get accurate candlestick pattern, that are representative of the actual price ?
I'm stuck with this because many wrong trades are trigged.
Thanks for your time.