Binance API Tutorial (Part 5) - Python TALib RSI Indicator

In this video, we use TALib, a Python package with many built-in indicators, to determine when price is overbought and oversold.

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[learn_to_code_with_me]

Hands down some of the most useful videos I've seen on these topics. Seriously appreciate it, wish you had a link to send a tip, really.

[igallery]

Hey Larry, been going through watching your series, really good stuff, lots of excellent information.
I'm still learning Python, about two months in. I am working towards building a trading bot with full GUI but I am keeping it all inside of Python, I'd like to learn JavaScript but I am being a little lazy and don't want to learn more syntax since I've already made good progress with my project and with learning a fair whack of Python in such a short space of time.

Thanks to your info and the info I've picked up along my way, I've been able to get to the point where I've got a rolling data-set in 1 hour intervals and the data has been "cleaned" in to a user friendly format. I've just got to now figure out the best methodology of aggregating the data to map to charts, so for example, "if event time is greater than interval time, take the last OHLC from interval time and map to chart".
Really looking forward to seeing more content from you in the future.

[priyanandanavarmamudunuri]

you backtest these strategies could you add a trade analyzer and show to print backtest statistics report...thanks

[briansilvestri]

I can't seem to get my technical indicator outputs to align with binance. How do I know which inputs they use for their values?

[pythonpatterns]

Why not use the ta-lib library directly on the data from binance-client in one single video?

[Mirkolinori]

Your work is very good. Amazing... very good explained! Thank you

[gopimohan]

Hi larry.. thanks for the video.. is there anyway we could get the RSI or other technical indicators for the live candlestick or will it be available only for historical one's?

[sfdsfdsgfgsfsgfsgfsgf]

why the data in ta-lib does not match with binance how can we get the same data example, example rsi

[zxcvbs]

if you use pandas, is a lot more easier to save/load csv data, and to convert columns to numpy. Ex. df = pd.DataFrame(candles, columns=headers)

[danis]

Is there a possibility to get the historical buy/sell spread from binance for testing the strategy? Or even to prices, the buy price and the sell price?
Thank you!

[nsnilesh]

How to plot those buy and sell signals by creating charts of close

[marcosnovelli]

I was wondering if I have to have anaconda installed to be able to download TA LIB, since I've been having issues downloading it and using it

[annawilson]

Hello Larry, no mentioning of the abstract?

[rudymelo]

When I use my_data = genfromtxt('15minute.csv', delimiter=', ') and print the length of my_data I only get 474 instead of all 500 candlesticks. Why does this happen?

[vamsikrishna]

I tried to pip install the TA-Lib in my windows OS laptop. I couldn't do it. it's popping up some errors

[bolivianewstoday]

this is too advanced to mee i barely can code in javascript using react making a CRUD hahaha but i keep going forward, thanks man

[catchroniclesbyanik]

RSI calculated by talib and RSI that is shown on binance vary greatly. From inspection, i realized, talib uses SMA where as tradingview uses RMA for RSI calculation. Have you ever noticed this?

[irfanakarsu]

hi thanks a lot for this great tutorial! is there any reason that the calculation of rsi and the values on the charts(i checked both binance and tv) are different? is it because of the ta-lib's rsi calculation? anyone has idea about it?

[bizorfinance]

please still cant download ta-lib on windows

[cwin]

thanks for providing this tutorial, question - what code editor do you use?