The QuickBuyStrategy is a trading strategy that uses technical indicators to determine buy and sell signals. Here's a brief description of what the strategy does:
The strategy uses the Relative Strength Index (RSI) and Bollinger Bands as indicators. The RSI measures the strength and speed of a price movement.
It helps identify overbought (RSI above 70) and oversold (RSI below 30) conditions.
Bollinger Bands consist of three lines: the upper band, middle band, and lower band.
They help identify price volatility and potential reversal points. The strategy's buy signal is generated when the closing price of the asset is above the middle Bollinger Band. The strategy's sell signal is generated when the RSI crosses above 70 and the closing price is above the middle Bollinger Band. The strategy aims to achieve a minimal return on investment (ROI) as defined in the minimal_roi attribute. It also has a predefined stop loss level (stoploss) to limit potential losses. The strategy operates on 1-hour candlestick data and requires at least 30 candles before producing valid signals. Please note that the strategy implementation may vary depending on the configuration and settings provided in the actual code.
It helps identify overbought (RSI above 70) and oversold (RSI below 30) conditions.
Bollinger Bands consist of three lines: the upper band, middle band, and lower band.
They help identify price volatility and potential reversal points. The strategy's buy signal is generated when the closing price of the asset is above the middle Bollinger Band. The strategy's sell signal is generated when the RSI crosses above 70 and the closing price is above the middle Bollinger Band. The strategy aims to achieve a minimal return on investment (ROI) as defined in the minimal_roi attribute. It also has a predefined stop loss level (stoploss) to limit potential losses. The strategy operates on 1-hour candlestick data and requires at least 30 candles before producing valid signals. Please note that the strategy implementation may vary depending on the configuration and settings provided in the actual code.
stoploss: -0.1 timeframe: 1hr hash(sha256): 7ff610b1bed5a8fefe87455d43fb86afa97fe6644a21899ca32024f974ce108d indicators: upper mid lower close bb_midband rsi bb_upperband bb_lowerband
No similar strategies found. (based on used indicators)
last change: 2024-04-29 20:19:51