Trend Indicators

In the example below, you can explore trend indicators and how to create them using the LightningChart Python Trader. Full code and dataset are provided at the bottom of the page.

Download example dataset

from lightningchart_trader import TAChart

LICENSE_KEY_PATH = "license_key.txt"
DATA_PATH = "Tesla.csv"

# Load the license key
license_key = open(LICENSE_KEY_PATH).read()

# Initializing the main price chart with Ichimoku Cloud and Supertrend
ichimoku_chart = TAChart(license_key=license_key)
ichimoku_chart.load_csv(csv=DATA_PATH)
ichimoku_chart.set_price_chart_type("CandleStick")
ichimoku_chart.set_chart_title("Ichimoku Cloud and First Half Trend Indicators")
ichimoku_chart.add_ichimoku_cloud()

supertrend_chart = TAChart(license_key=license_key)
supertrend_chart.load_csv(csv=DATA_PATH)
supertrend_chart.set_price_chart_type("CandleStick")
supertrend_chart.set_chart_title("Supertrend and Second Half Trend Indicators")
supertrend_chart.add_super_trend(period_count=14)

# Defining trend indicators for each chart
trend_indicators_chart1 = [
    "asi",
    "adx",
    "aroon",
    "gapo",
    "linear_regression",
    "parabolic_sar",
    "random_walk_index",
]
trend_indicators_chart2 = [
    "ravi",
    "schaff_trend_cycle",
    "stc_signal",
    "sqn_trend",
    "swing_index",
    "trix",
    "vhf",
]

# Adding indicators to Chart 1
for indicator_name in trend_indicators_chart1:
    if indicator_name == "asi":
        ichimoku_chart.add_accumulative_swing_index()
    elif indicator_name == "adx":
        ichimoku_chart.add_average_directional_index(period_count=14)  #
    elif indicator_name == "aroon":
        ichimoku_chart.add_aroon(period_count=14)
    elif indicator_name == "gapo":
        ichimoku_chart.add_gopalakrishnan_range_index(period_count=14)
    elif indicator_name == "linear_regression":
        ichimoku_chart.add_linear_regression()
    elif indicator_name == "parabolic_sar":
        ichimoku_chart.add_parabolic_sar()
    elif indicator_name == "random_walk_index":
        ichimoku_chart.add_random_walk_index()

# Adding indicators to Chart 2
for indicator_name in trend_indicators_chart2:
    if indicator_name == "ravi":
        supertrend_chart.add_range_action_verification_index()
    elif indicator_name == "schaff_trend_cycle":
        supertrend_chart.add_schaff_trend_cycle()
    elif indicator_name == "stc_signal":
        supertrend_chart.add_schaff_trend_cycle_signal()
    elif indicator_name == "sqn_trend":
        supertrend_chart.add_sqn_trend()
    elif indicator_name == "swing_index":
        supertrend_chart.add_swing_index()
    elif indicator_name == "trix":
        supertrend_chart.add_triangular_moving_average(period_count=14)
    elif indicator_name == "vhf":
        supertrend_chart.add_vertical_horizontal_filter(period_count=14)

# Open charts
ichimoku_chart.open()
supertrend_chart.open()