Engineering Alpha

Engineering Alpha

The Reversal Indicator - Coding in Python

Coding the Rob Booker Reversal Indicator in Python

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Jun 04, 2022
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Some less-known indicator actually function pretty well. Among those indicator is Rob Booker’s Reversal Indicator which uses a special combination between the MACD oscillator and the Stochastic oscillator. This article discusses creating the indicator in Python. All credits go to Rob Booker.

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