The CofiBitStrategy is a trading strategy that aims to generate profits by taking advantage of technical indicators. Here is a breakdown of what the strategy does:
Indicators:
Stochastic Fast: Calculates the fast %K and %D values using the high, low, and close prices of the given DataFrame. EMA (Exponential Moving Average): Calculates the EMA values based on the high, close, and low prices with a time period of 5.
ADX (Average Directional Index): Calculates the ADX value of the given DataFrame.
Buy Signal: The strategy generates a buy signal when the following conditions are met: The opening price is lower than the EMA low.
The fast %K line crosses above the fast %D line. The fast %K and %D values are both below 30. The ADX value is above 30. Sell Signal: The strategy generates a sell signal when either of the following conditions are met: The opening price is equal to or higher than the EMA high. Either the fast %K or %D line crosses above the value of 70. The strategy defines a minimal return on investment (ROI) and stop-loss values, which can be overridden in the configuration file. The ticker interval for the strategy is set to 5 minutes. Please note that this is a simplified description of the strategy, and there may be additional factors or considerations not mentioned here.
ADX (Average Directional Index): Calculates the ADX value of the given DataFrame.
Buy Signal: The strategy generates a buy signal when the following conditions are met: The opening price is lower than the EMA low.
The fast %K line crosses above the fast %D line. The fast %K and %D values are both below 30. The ADX value is above 30. Sell Signal: The strategy generates a sell signal when either of the following conditions are met: The opening price is equal to or higher than the EMA high. Either the fast %K or %D line crosses above the value of 70. The strategy defines a minimal return on investment (ROI) and stop-loss values, which can be overridden in the configuration file. The ticker interval for the strategy is set to 5 minutes. Please note that this is a simplified description of the strategy, and there may be additional factors or considerations not mentioned here.
stoploss: -0.25 timeframe: 5m hash(sha256): 753c6d0f4be4397a530472a047050b6c825c83f32c237e2bbefb86c9b7686143 indicators: ema_close adx ema_high open ema_low fastd fastk
No similar strategies found. (based on used indicators)
last change: 2024-04-28 04:19:08