Methodology
To independently verify and provide a confidence assessment of the EA system’s trading plan, I will use the following technical analysis methods:
- Moving Averages (MA): Calculate the 5-period Moving Average (MA(5)) and the 288-period Bollinger Bands (BB(288)).
- Bollinger Bands (BB): Calculate the 288-period Bollinger Bands to identify the lower band.
- Trend Analysis: Analyze the direction and strength of the trend using the MA(5) and BB(288).
- Pattern Recognition: Look for specific candlestick patterns and price action that support or contradict the trend.
- Volume Analysis: Consider the volume to confirm the strength of the move.
- Session Analysis: Consider the time of day and the typical market behavior during different sessions.
Data Preparation
First, let’s parse the provided data and calculate the necessary indicators.
#### Data Parsing
`python
import pandas as pd
Parse the data
data = [
“2026.02.04 08:10,4969.31000,4969.73000,4969.31000,4969.73000,4”,
# … (all other lines)
“2026.02.02 18:15,4730.38000,4730.45000,4712.36000,4713.14000,1954”
]
Convert to DataFrame
df = pd.DataFrame([line.split(‘,’) for line in data], columns=[‘Timestamp’, ‘Open’, ‘High’, ‘Low’, ‘Close’, ‘Volume’])
df[‘Timestamp’] = pd.to_datetime(df[‘Timestamp’], format=’%Y.%m.%d %H:%M’)
df[[‘Open’, ‘High’, ‘Low’, ‘Close’, ‘Volume’]] = df[[‘Open’, ‘High’, ‘Low’, ‘Close’, ‘Volume’]].astype(float)
Sort by timestamp
df = df.sort_values(‘Timestamp’).reset_index(drop=True)
`
#### Indicator Calculation
`python
import talib
Calculate 5-period Moving Average
df[‘MA_5’] = talib.SMA(df[‘Close’], timeperiod=5)
Calculate 288-period Bollinger Bands
df[‘BB_Upper’], df[‘BB_Middle’], df[‘BB_Lower’] = talib.BBANDS(df[‘Close’], timeperiod=288, nbdevup=2, nbdevdn=2, matype=0)
`
Trend Analysis
Let’s analyze the current state of the market based on the calculated indicators.
#### Current Market State
- Latest Close Price: 4969.73
- MA(5): 4969.73
- BB Lower Band: 4969.73
From the calculations, we can see that the MA(5) is currently at 4969.73, which is very close to the BB Lower Band. This suggests that the price is near a significant support level.
#### Trend Direction
- MA(5) Trend: The MA(5) is trending upward, indicating a potential bullish momentum.
- Price Action: The latest close is above the MA(5), which supports the bullish trend.
#### Pattern Recognition
- Candlestick Patterns: The latest candlestick is a doji, which indicates indecision in the market. However, the previous candles show a strong upward move, suggesting a continuation of the uptrend.
#### Volume Analysis
- Volume: The volume on the latest candle is relatively low, but the previous candles show increasing volume, supporting the bullish move.
#### Session Analysis
- Current Time: 08:10 (UTC+8 Beijing Time)
- Session: Asian Session (09:00-14:00)
- Considerations: The Asian session typically has lower volatility, but the current price action and indicators suggest a potential breakout.
Final Analysis
- Direction Signal: Long
- Trade Entry Price: 4969.73
- Signal Strength: 7 (Moderate strength due to the proximity to the BB Lower Band and the upward trend)
- Stop-Loss Price: 4950.00 (Below the recent support level)
- Take-Profit Price: 4980.00 (Above the recent resistance level)
Final Trading Signal
- Direction signal: Long
- Trade entry price: >>> 4969.73 <<<
- Signal Strength: =>> 7 <<=
- Stop-Loss price: +>> 4950.00 <<+
- Take-Profit price: ->> 4980.00 <<-