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Using Python & WebSockets to Generate Live OHLC Forex Data

  • This tutorial guides you on building a real-time Forex OHLC data generator using Python and WebSockets.
  • Accessing real-time market data is crucial for trading and financial analytics, and WebSockets provide an efficient method for continuous data streaming.
  • You'll need a TraderMade API key to stream live Forex data, access a 14-day free trial to get the key from your account dashboard.
  • The process involves installing the TraderMade Package, importing required libraries, initializing data structures, defining utility functions, connecting to the WebSocket stream, and running your script to generate OHLC output.

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