We will then type the following command, “import talib” and then ... Alternatively, you can also open Jupyter notebook (or Spyder) and try to run ...ByIshanShah,RekhitPachanekarandGauravSinghTechnicalindicatorsarecalculatedusinghistoricalpriceandvolumedatatopredictthemarketdirection.Theseindicatorsareaddedonchartsusingwhichyoucansetyourentryandexitsignals.Won’titbeamazingifyoucancomputethesetechnicalindicatorsinpythoninafewlinesofcodeandbacktesttheperformanceofitonmanyfinancialsecurities?WhatstartedoffasahobbybyMarioFortier,Ta-Libpythonlibraryquicklyrosetobecomeoneofthemostfamouslibrariesfortechnicalanalysisofstocksandotherfinancialsecurities.Ta-libincludes150+indicatorssuchasADX,MACD,RSIandBollingerBandsandcandlestickpatternrecognition.However,itisdifficultandsometimesfrustratingtoinstallTa-Libinyourpython.Butdon’tworry,inthisarticle,wewillsimplifytheinstallationforyousothatyoucanfocusoncreatingandbacktestingstrategies.WewillcoverthefollowingtopicsinthisTa-Libinstallationtutorial.EasierMethodInstallTa-LibAcrossPlatformsUsingAnacondaPromptAlternateMethodsInstallTa-LibonWindowsPCInstallTa-LibonMacOSInstallTa-LibonLinuxTechnicalIndicatorsusingPythonTa-LibBeforewebegin,whywasPythonTa-Libcreatedinthefirstplace?Letusthinkaboutthereasonfunctionsweremade.Itwasrealisedthatinsteadofwritingthesamecode,wecouldcreateafunctionandreducethecodelengthbyahugemargin.ItisthesamelogicweapplytoTa-Lib.InsteadofwritingafewlinesofcodetofirstfindtheupperandlowerbandsandthentheBollingerband,weuseTa-Libandinputjustonelineofcodetogettheresult.Thatisall!Keepingthatinmind,letusbeginwiththetutorialonPythonTa-Lib.InstallTa-LibAcrossPlatformsUsingAnacondaPromptAnacondaisanopen-sourcePythondistributionplatformthathelpsindividuals,aswellascommercialenterprises,implementtheirPythoncodeseasily.ItalsomakeslifeeasierwhenitcomestoinstallingvariousPythonlibraries.ToinstallTa-Lib,youwillfirstinstallAnacondaandthenopentheAnacondaprompt.Youwouldthenwritethecode,“condainstall-cconda-forgeta-lib”,andpressthe“En