The VWAPAlarmPositive strategy is designed to backtest trading based on the Volume-Weighted Average Price (VWAP) indicator. Here's a breakdown of how the strategy works:
The strategy uses a 3-minute timeframe for analyzing price data. It calculates the VWAP indicator using a 14-period rolling window.
The strategy checks if the current VWAP is higher than the previous VWAP.
If it is, it indicates a positive VWAP condition.
When a positive VWAP condition is detected for a specific trading pair, an alarm is emitted, a sound is played (using the "beepy" library), and a browser tab is opened to the Binance exchange with the corresponding trading pair. The alarm is only emitted once for each trading pair until the VWAP condition changes. The strategy also defines a minimal return-on-investment (ROI) of 10% and a stop loss of -0.99 (99% loss) for risk management. The strategy generates a "buy" signal for all candles. The strategy generates a "sell" signal for all candles. Overall, the VWAPAlarmPositive strategy focuses on identifying positive VWAP conditions and generating buy signals accordingly. It provides an alert mechanism and basic risk management settings.
The strategy checks if the current VWAP is higher than the previous VWAP.
If it is, it indicates a positive VWAP condition.
When a positive VWAP condition is detected for a specific trading pair, an alarm is emitted, a sound is played (using the "beepy" library), and a browser tab is opened to the Binance exchange with the corresponding trading pair. The alarm is only emitted once for each trading pair until the VWAP condition changes. The strategy also defines a minimal return-on-investment (ROI) of 10% and a stop loss of -0.99 (99% loss) for risk management. The strategy generates a "buy" signal for all candles. The strategy generates a "sell" signal for all candles. Overall, the VWAPAlarmPositive strategy focuses on identifying positive VWAP conditions and generating buy signals accordingly. It provides an alert mechanism and basic risk management settings.
stoploss: -0.99 timeframe: 3m hash(sha256): fd0df9c9e1df1a12049d11a6dfe7424d1b6a285e768c2ee469d6fae5669af906 indicators: vwap
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last change: 2024-04-29 20:59:12