We use some simple machine learning techniques like Kernel Density estimators to automatically detect lines of support and resistance on a candlestick chart in python.
⭐ Code:
github.com/ChadThackray/support-and-resistance-202…
00:00 - Intro
00:40 - Demo and Methodology Overview
02:59 - Extracting turning points
08:09 - Clustering our support lines
13:42 - Automated Bandwidth selection
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