I'm making a trading strategy that uses support and resistance levels. One of the ways i'm finding those is by searching for maxima's/minima's (prices that are higher/lower than the previous and next 5 prices).
I have an array of smoothed closing prices and i first tried to find them with a for loop :
def find_max_min(smoothed_prices) # smoothed_prices = np.array([1.873,...])
avg_delta = np.diff(smoothed_prices).mean()
maximas = []
minimas = []
for index in range(len(smoothed_prices)):
if index < 5 or index > len(smoothed_prices) - 6:
continue
current_value = smoothed_prices[index]
previous_points = smoothed_prices[index - 5:index]
next_points = smoothed_prices [index+1:index+6]
previous_are_higher = all(x > current_value for x in previous_points)
next_are_higher = all(x > current_value for x in next_points)
previous_are_smaller = all(x < current_value for x in previous_points)
next_are_smaller = all(x < current_value for x in next_points)
previous_delta_is_enough = abs(previous[0] - current_value) > avg_delta
next_delta_is_enough = abs(next_points[-1] - current_value) > avg_delta
delta_is_enough = previous_delta_is_enough and next_delta_is_enough
if previous_are_higher and next_are_higher and delta_is_enough:
minimas.append(current_value)
elif previous_are_higher and next_are_higher and delta_is_enough:
maximas.append(current_value)
else:
continue
return maximas, minimas
(This isn't the actual code that i used because i erased it, this may not work but is was something like that)
So this code could find the maximas and minimas but it was way too slow and i need to use the function multiple times per secs on huge arrays.
My question is : is it possible to do it with a numpy mask in a similar way as this :
smoothed_prices = s
minimas = s[all(x > s[index] for x in s[index-5:index]) and all(x > s[index] for x in s[index+1:index+6])]
maximas = ...
or do you know how i could to it in another efficient numpy way ?