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Indicators

Jesse offers the simplest to use, and the most number of technical indicators among all trading systems. Few of which are custom-made, and the rest are using the ta-lib or tulip libraries which are open source and well-known.

TIP

You might stumble upon differences to other tools caused by the use of different indicator equations or memory. See here to learn more about memory of indicators. If you use a very big period you should increase the warm-up-candle amount to have enough candles and to account for the memory. You can always use other libraries directly of course, there might be speed differences though. See here for an explaination.

The API has been designed to be the simplest yet flexible enough for all types of needs from developing strategies to doing research in Jupyter Notebooks.

Import

To get started make sure the indicators module is imported:

py
import jesse.indicators as ta
import jesse.indicators as ta

Example 1

The first parameter of all indicators is candles with the type of a Numpy array.

When developing strategies, usually all you care about is the indicator's value for the current candle. To get just that, simply pass self.candles:

py
# give me SMA with period=8 for current candle:
ta.sma(self.candles, 8)
# give me SMA with period=8 for current candle:
ta.sma(self.candles, 8)

Example 2

To get indicator values for candles other than your trading route (in case you have defined more than one route in your routes.py file), use self.get_candles() method:

py
ta.sma(self.get_candles('Binance', 'BTC-USDT', '4h'), 8)
ta.sma(self.get_candles('Binance', 'BTC-USDT', '4h'), 8)

Named Tuples

The return type of all indicators returning multiple values is a namedtuple Python object. In case you're not familiar with the concept of namedtuple in Python, it's just like a regular tuple but you can also use it as a class object.

For example here are two ways you could use the Bollinger Bands indicator, which as you know, returns three values: upperband, middleband, lowerband

  1. Use it as a normal tuple:
py
# as three variables
upperband, middleband, lowerband = bollinger_bands(self.candles, period=20)

# or you could fetch it as one tuple and retrieve values as you would from a tuple:
bb = bollinger_bands(self.candles, period=20)
bb[0] # upperband
bb[1] # middleband
bb[2] # lowerband
# as three variables
upperband, middleband, lowerband = bollinger_bands(self.candles, period=20)

# or you could fetch it as one tuple and retrieve values as you would from a tuple:
bb = bollinger_bands(self.candles, period=20)
bb[0] # upperband
bb[1] # middleband
bb[2] # lowerband
  1. The second way it to use it as a class instance:
py
bb = bollinger_bands(self.candles, period=20)
bb.upperband
bb.middleband
bb.lowerband
bb = bollinger_bands(self.candles, period=20)
bb.upperband
bb.middleband
bb.lowerband

We do NOT guarantee profitable trading results in anyways. USE THE SOFTWARE AT YOUR OWN RISK. THE AUTHORS AND ALL AFFILIATES ASSUME NO RESPONSIBILITY FOR YOUR TRADING RESULTS. Do not risk money which you are afraid to lose. There might be bugs in the code - this software DOES NOT come with ANY warranty. All investments carry risk! Past performance is no guarantee of future results! Be aware of overfitting!