The RMB strategy is a trading strategy that uses technical indicators to determine when to buy and sell assets. Here's a breakdown of how the strategy works:
Indicators: The strategy uses several technical indicators to make trading decisions. These indicators include the Relative Strength Index (RSI), Money Flow Index (MFI), and Bollinger Bands.
Populating Indicators: In the populate_indicators function, the strategy calculates the RSI, MFI, and Bollinger Bands values for the given timeframe.
These values are added as columns to the input dataframe.
Buy Signal: The populate_buy_trend function defines the conditions for generating a buy signal. The strategy looks for the following conditions to be met simultaneously: RSI is below or equal to 30. MFI is below or equal to 20. The low price is below the lower Bollinger Band. Volume is greater than zero. If all these conditions are satisfied, the strategy sets the "buy" column value to 1 for that particular candle. Sell Signal: The populate_sell_trend function defines the conditions for generating a sell signal. The strategy looks for the following conditions to be met simultaneously: RSI is above or equal to 70. MFI is above or equal to 80. The high price is above the upper Bollinger Band. Volume is greater than zero. If all these conditions are satisfied, the strategy sets the "sell" column value to 1 for that particular candle. ROI and Stoploss: The strategy sets a minimal ROI (Return on Investment) table, indicating the desired profit targets for different time periods. It also sets a stoploss value, which represents the maximum acceptable loss for a trade. Trailing Stop: The strategy can use a trailing stop, but in this case, it is disabled (trailing_stop = False). Order Types: The strategy specifies the order types to be used for buying, selling, and setting stoploss. In this case, it uses "market" orders for all these actions. Timeframe: The strategy specifies the optimal timeframe for its operation, which is set to '5m' (5 minutes). Experimental Settings: The strategy includes experimental settings that can be overridden through configuration. These settings determine whether to use a sell signal, consider only sell profits, ignore ROI if a buy signal is present, and more. Candle Processing: By default, the strategy processes all candles, not just new ones (process_only_new_candles = False). Overall, the RMB strategy aims to identify potential buying opportunities when the market is oversold and selling opportunities when the market is overbought, using a combination of RSI, MFI, and Bollinger Bands indicators.
Populating Indicators: In the populate_indicators function, the strategy calculates the RSI, MFI, and Bollinger Bands values for the given timeframe.
These values are added as columns to the input dataframe.
Buy Signal: The populate_buy_trend function defines the conditions for generating a buy signal. The strategy looks for the following conditions to be met simultaneously: RSI is below or equal to 30. MFI is below or equal to 20. The low price is below the lower Bollinger Band. Volume is greater than zero. If all these conditions are satisfied, the strategy sets the "buy" column value to 1 for that particular candle. Sell Signal: The populate_sell_trend function defines the conditions for generating a sell signal. The strategy looks for the following conditions to be met simultaneously: RSI is above or equal to 70. MFI is above or equal to 80. The high price is above the upper Bollinger Band. Volume is greater than zero. If all these conditions are satisfied, the strategy sets the "sell" column value to 1 for that particular candle. ROI and Stoploss: The strategy sets a minimal ROI (Return on Investment) table, indicating the desired profit targets for different time periods. It also sets a stoploss value, which represents the maximum acceptable loss for a trade. Trailing Stop: The strategy can use a trailing stop, but in this case, it is disabled (trailing_stop = False). Order Types: The strategy specifies the order types to be used for buying, selling, and setting stoploss. In this case, it uses "market" orders for all these actions. Timeframe: The strategy specifies the optimal timeframe for its operation, which is set to '5m' (5 minutes). Experimental Settings: The strategy includes experimental settings that can be overridden through configuration. These settings determine whether to use a sell signal, consider only sell profits, ignore ROI if a buy signal is present, and more. Candle Processing: By default, the strategy processes all candles, not just new ones (process_only_new_candles = False). Overall, the RMB strategy aims to identify potential buying opportunities when the market is oversold and selling opportunities when the market is overbought, using a combination of RSI, MFI, and Bollinger Bands indicators.
stoploss: -0.99 timeframe: 5m hash(sha256): 8644fbec30bfd2387ab9f64d6d8b4a0e90fb772eadfa295f1a8254b83a999fcb indicators: high upper mid lower volume bb_middleband rsi bb_upperband bb_lowerband mfi low
No similar strategies found. (based on used indicators)
last change: 2024-04-29 01:08:27