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The CCI_BB strategy is a trading strategy that combines the Commodity Channel Index (CCI) and Bollinger Bands indicators. Here's a short description of what the strategy does: The strategy calculates the CCI and Bollinger Bands indicators for a given timeframe (in this case, 5 minutes). The CCI measures the deviation of an asset's price from its statistical average, while Bollinger Bands indicate volatility and potential price levels.
For the buy signal, the strategy looks for instances where the CCI value is below or equal to -134 and the asset's closing price is below the lower Bollinger Band.
When these conditions are met, a buy signal is generated.
The sell signal, on the other hand, is not implemented in this strategy. Additionally, the strategy defines certain hyperparameters for optimization and sets a minimal return on investment (ROI) target. It also allows for an optional stop loss, and the "exit_profit_only" parameter is set to False. Overall, the CCI_BB strategy aims to identify buying opportunities based on the CCI and Bollinger Bands indicators.
For the buy signal, the strategy looks for instances where the CCI value is below or equal to -134 and the asset's closing price is below the lower Bollinger Band.
When these conditions are met, a buy signal is generated.
The sell signal, on the other hand, is not implemented in this strategy. Additionally, the strategy defines certain hyperparameters for optimization and sets a minimal return on investment (ROI) target. It also allows for an optional stop loss, and the "exit_profit_only" parameter is set to False. Overall, the CCI_BB strategy aims to identify buying opportunities based on the CCI and Bollinger Bands indicators.
stoploss: -1 timeframe: 5m hash(sha256): 2a8d2e7d1709c73e33081cf0b88a0bcf68e681a031faa61bae431b81f80f70af
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last change: 2023-06-29 18:00:01