Chart Patterns to Include: Head and Shoulders and Inverse Head and Shoulders Double Top and Double Bottom Triangles (Symmetrical, Ascending, and Descending) Flags and Pennants Cup and Handle Rising Wedge and Falling Wedge Each pattern has specific conditions to be met for it to be valid, and we can confirm entries and exits based on the breakouts from these patterns. This is a complex strategy, but I'll walk you through a basic implementation that can be expanded on further.
Approach: Pattern Detection: We'll write functions to detect these chart patterns. Confirmation: We'll confirm entry when a breakout occurs (e.g., price breaks above the resistance for bullish patterns or below support for bearish patterns). Entry and Exit Logic: We’ll use ATR-based stop-loss and take-profit to manage risk