The TestStrategyLegacy is a trading strategy that backtests various indicators to generate buy and sell signals for a given financial instrument. The strategy uses the following indicators:
ADX (Average Directional Index): It measures the strength of a trend. TEMA (Triple Exponential Moving Average): It is a trend-following indicator that smoothes out price data.
The strategy has the following key components: Minimal ROI (Return on Investment): It defines the minimum desired return for the strategy at different price levels.
If the price reaches 40% of the initial value, the ROI is 0%.
If the price reaches 30% of the initial value, the ROI is 1%. If the price reaches 20% of the initial value, the ROI is 2%. If the price reaches 0% of the initial value, the ROI is 4%. Stoploss: It defines the optimal stop-loss value for the strategy, which is set at -10% (10% loss) in this case. Timeframe: The strategy is designed to work with 5-minute candlestick data. The buy signal is generated when the following conditions are met simultaneously: ADX value is greater than 30. TEMA value is higher than the previous TEMA value. Volume is greater than 0. The sell signal is generated when the following conditions are met simultaneously: ADX value is greater than 70. TEMA value is lower than the previous TEMA value. Volume is greater than 0. The strategy uses these signals to determine when to enter a long position (buy) or exit a long position (sell) for the given financial instrument. Please note that this strategy is a sample and may not represent the most up-to-date version. It is recommended to refer to the user_data/strategy/sample_strategy.py file for an updated template.
The strategy has the following key components: Minimal ROI (Return on Investment): It defines the minimum desired return for the strategy at different price levels.
If the price reaches 40% of the initial value, the ROI is 0%.
If the price reaches 30% of the initial value, the ROI is 1%. If the price reaches 20% of the initial value, the ROI is 2%. If the price reaches 0% of the initial value, the ROI is 4%. Stoploss: It defines the optimal stop-loss value for the strategy, which is set at -10% (10% loss) in this case. Timeframe: The strategy is designed to work with 5-minute candlestick data. The buy signal is generated when the following conditions are met simultaneously: ADX value is greater than 30. TEMA value is higher than the previous TEMA value. Volume is greater than 0. The sell signal is generated when the following conditions are met simultaneously: ADX value is greater than 70. TEMA value is lower than the previous TEMA value. Volume is greater than 0. The strategy uses these signals to determine when to enter a long position (buy) or exit a long position (sell) for the given financial instrument. Please note that this strategy is a sample and may not represent the most up-to-date version. It is recommended to refer to the user_data/strategy/sample_strategy.py file for an updated template.
stoploss: -0.1 timeframe: 5m hash(sha256): 9f26a0dc448dfe84d862d153e4b2b261aa32f6f535dff3bda089ad17dc18e4f7 indicators: volume adx tema
No similar strategies found. (based on used indicators)
last change: 2024-04-28 16:22:37