TheGrinder on Nostr: ...

quoting nevent1q…lu3k

I just wrote this Python script for those who don't understand "stoopid lines". While interpreting this code bear in mind that over 90% of the retail book is auto-traded and auto-balanced. Meaning it's run by bots following algos aka signals.

This is the short version

* The trendline_strength dictates whether the Bear Bot or Bull Bot will be active.
* When Bear Bots push prices down to a Fibonacci level, the Bull Bots step in to battle.
* The code simulates a "battle" by comparing arbitrary strengths of the bull and bear bots to see if the price returns to the trendline or breaks the Fibonacci level.

The code mimics how technical chart watchers might "see" bots influencing price at different levels and makes light of some patterns traders follow closely.