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A stock screener that detect consolidation based on Bollinger Bands and Keltner channels

License: Apache License 2.0

Python 100.00%
consolidation-screener stock-screener bollinger-bands keltner-channels trading strategy python

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Question - logic behind -3 and -1 in breakout check

Hi there!
Simple and cool script.

Tell me, what was the logic behind -3 and -1? Since consolidation is already confirmed with channels, why are you comparing current with the one before previous?

if df.iloc[-3]['consolidation'] and not df.iloc[-1]['consolidation']:

Thanks

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