Python itertools is quite simply, one of the best and elegant solutions to implement an iterator in Python. But what are Iterators?
An iterator is an object that can be iterated upon and which will return data, one element at a time. It allows us to traverse through all elements of a collection, regardless of its specific implementation.
While iterators are a great way to list the contents of a list, sometimes you wonder if we can just hide all the complexity into one single line of code. For example, we don’t want to worry about the number of elements when we are comparing two different dataframes. This is where the Python itertools module shines through.
Let’s understand what are the prerequisites for using itertools.
Iterators and itertools in Python
Technically, in Python, an iterator is an object which implements the iterator protocol, which in turn consists of the methods __next__()
and __iter__()
.
__iter__()
method which returns the iterator object itself and is used while using the for and in keywords.__next__()
method returns the next value. It also returns StopIteration error once all the objects have been tracked.
Iterators are mostly used in for loops. You can read about them in detail in the Python Handbook.
You can import itertools in your Python code with the following commands
import itertools
import operator
We have also imported the “operator” module as we will be using algebraic operators along with itertools.
But yes, it is that simple to import the module in Python. Let’s move forward to the first type of itertools.
Infinite iterators
As the name suggests, infinite iterators are created to go through the elements of a data object infinitely, unless we pass a break statement.
Let’s see an example of it.
The count() iterator
Here, we will append the count function with “itertool” to give us the function “itertool.count” iterator and pass the parameters start and step to begin counting.
In this code, 42 is the starting point and 8 is the step. Just so that the function doesn’t continue endlessly, we use the break statement to stop once it goes beyond 60.
Thus, the code is:
# Count itertool
for i in itertools.count(42,8):
print(i)
if i > 60:
break
The output is as follows:
42
50
58
66
I will just add here that since the “if” statement is invoked after the “print” statement, 66 is printed and then the iteration stops.
We will now move on to the next type of iterators, which are the opposite of infinite.
In the next installment, the author will discuss Terminating iterators.
Visit https://www.quantinsti.com/ for ready-to-use Python functions as applied in trading and data analysis.
Disclosure: Interactive Brokers
Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.
This material is from QuantInsti and is being posted with permission from QuantInsti. The views expressed in this material are solely those of the author and/or QuantInsti and IBKR is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
In accordance with EU regulation: The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.
Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.