The "EMASkipPump" strategy is a basic trading strategy designed to avoid pump and dump market conditions. It utilizes various technical analysis (TA) indicators to make buy and sell decisions. The strategy calculates three exponential moving averages (EMAs) with different time periods: a short-term EMA (5 periods), a medium-term EMA (12 periods), and a long-term EMA (21 periods).
These EMAs help identify trends and potential entry and exit points.
In addition to EMAs, the strategy uses other indicators such as Bollinger Bands, minimum value (min), and maximum value (max) calculated over the medium-term EMA period.
The "populate_buy_trend" function determines the conditions for buying based on the following criteria: Volume is less than 20 times the 30-period rolling average of the volume. The closing price is below both the short-term and medium-term EMAs. The closing price is equal to the minimum value calculated over the medium-term EMA period. The closing price is below or equal to the lower Bollinger Band. Conversely, the "populate_sell_trend" function determines the conditions for selling based on the following criteria: The closing price is above both the short-term and medium-term EMAs. The closing price is greater than or equal to the maximum value calculated over the medium-term EMA period. The closing price is above or equal to the upper Bollinger Band. The strategy has a minimal ROI (return on investment) set at 0.1, meaning it will only sell after a 10% profit unless sell conditions are met earlier. The stop-loss is set at -0.05, indicating a 5% loss threshold. The ticker interval used for the strategy is 5 minutes. Overall, this strategy aims to identify and capitalize on potential market trends while avoiding volatile pump and dump conditions.
These EMAs help identify trends and potential entry and exit points.
In addition to EMAs, the strategy uses other indicators such as Bollinger Bands, minimum value (min), and maximum value (max) calculated over the medium-term EMA period.
The "populate_buy_trend" function determines the conditions for buying based on the following criteria: Volume is less than 20 times the 30-period rolling average of the volume. The closing price is below both the short-term and medium-term EMAs. The closing price is equal to the minimum value calculated over the medium-term EMA period. The closing price is below or equal to the lower Bollinger Band. Conversely, the "populate_sell_trend" function determines the conditions for selling based on the following criteria: The closing price is above both the short-term and medium-term EMAs. The closing price is greater than or equal to the maximum value calculated over the medium-term EMA period. The closing price is above or equal to the upper Bollinger Band. The strategy has a minimal ROI (return on investment) set at 0.1, meaning it will only sell after a 10% profit unless sell conditions are met earlier. The stop-loss is set at -0.05, indicating a 5% loss threshold. The ticker interval used for the strategy is 5 minutes. Overall, this strategy aims to identify and capitalize on potential market trends while avoiding volatile pump and dump conditions.
stoploss: -0.05 timeframe: 5m hash(sha256): 4830bafcb490f56a89d9d778256dcd11208b334f4feef4825c488702fb90640b indicators: min upper mid lower volume bb_middleband close bb_upperband bb_lowerband max
No similar strategies found. (based on used indicators)
last change: 2024-04-29 18:54:00