zlr's algorithm for adaptation into python

<?php

// Algorithm for applying weapon sets based on number of iterations through an array of team players

$Team_Player_Array = array("Player_Object1", "Player_Object2","Player_Object3","Player_Object4","Player_Object5");

$CloseRange_Counter = 0;
$Iteration_Toggle = 1;

foreach ($Team_Player_Array as $Player_Object) {

    // Close range counter never goes above 2 players, in 4v4, 5v5, and 6v6
    if ($CloseRange_Counter <= 2) {

        // Apply Close range weapon set to Player_Object
        // Fancy python stuff here //

        // Increment the counter for close range assignments
        $CloseRange_Counter = $CloseRange_Counter + 1;

    }
    else {

        // Incrementally add mid and long range weapon sets every second iteration through the parent foreach statement
        if ($Iterations == 1) {

            // Apply mid range weapon set
            // Fancy python stuff here//

            // Set iterations = 2 to trigger the second iteration
            $Iteration_Toggle = 2;
        }
        else {

            // Apply long range weapon set
            // Fancy python stuff here//

            // Set iterations = 1 to trigger the second iteration change
            $Iteration_Toggle = 1;
        }
    }
}

?>