The Quickie strategy is a momentum-based strategy designed for backtesting trading strategies. Its main objective is to close trades quickly while avoiding significant losses. The strategy utilizes several technical indicators to make buy and sell decisions.
Indicators used: TEMA (Triple Exponential Moving Average): It calculates a smoother version of the moving average to identify trends.
ADX (Average Directional Index): It measures the strength of a trend.
Additionally, the strategy incorporates the following indicators for graphing purposes: Simple Moving Average (SMA): It calculates the average price over a specified period. SMA_200: 200-period SMA. SMA_50: 50-period SMA. Bollinger Bands: It consists of three lines (upper, middle, and lower band) that indicate price volatility. bb_lowerband: Lower Bollinger Band. bb_middleband: Middle Bollinger Band. bb_upperband: Upper Bollinger Band. Buy conditions: ADX > 30 TEMA < Middle Bollinger Band TEMA > TEMA shifted by 1 (previous TEMA value) SMA_200 > Close price Sell conditions: ADX > 70 TEMA > Middle Bollinger Band TEMA < TEMA shifted by 1 The strategy sets a minimal return on investment (ROI) and a stop loss value, which can be overridden in the configuration file. The optimal ticker interval for the strategy is set to 5. Please note that this is a simplified explanation of the strategy, and further analysis and testing may be required for accurate backtesting results.
Indicators used: TEMA (Triple Exponential Moving Average): It calculates a smoother version of the moving average to identify trends.
ADX (Average Directional Index): It measures the strength of a trend.
Additionally, the strategy incorporates the following indicators for graphing purposes: Simple Moving Average (SMA): It calculates the average price over a specified period. SMA_200: 200-period SMA. SMA_50: 50-period SMA. Bollinger Bands: It consists of three lines (upper, middle, and lower band) that indicate price volatility. bb_lowerband: Lower Bollinger Band. bb_middleband: Middle Bollinger Band. bb_upperband: Upper Bollinger Band. Buy conditions: ADX > 30 TEMA < Middle Bollinger Band TEMA > TEMA shifted by 1 (previous TEMA value) SMA_200 > Close price Sell conditions: ADX > 70 TEMA > Middle Bollinger Band TEMA < TEMA shifted by 1 The strategy sets a minimal return on investment (ROI) and a stop loss value, which can be overridden in the configuration file. The optimal ticker interval for the strategy is set to 5. Please note that this is a simplified explanation of the strategy, and further analysis and testing may be required for accurate backtesting results.
stoploss: -0.25 timeframe: 5m hash(sha256): e152b2797ac6dd26a2cf103c971a902e14030a0c55da84137b28f669d6c0dcc4 indicators: sma_200 upper adx lower tema mid close bb_middleband sma_50 bb_upperband bb_lowerband
No similar strategies found. (based on used indicators)
last change: 2024-04-29 02:39:41