Strategy004 is a trading strategy designed for backtesting on a website. It uses various technical indicators to make buy and sell decisions. Here is a breakdown of how the strategy works:
Indicators:
ADX (Average Directional Index): Measures the strength of a trend.
CCI (Commodity Channel Index): Identifies overbought and oversold conditions.
Stoch (Stochastic Oscillator): Measures the current price relative to the price range over a specified period.
Slow Stoch: Stochastic Oscillator with a longer period. EMA (Exponential Moving Average): Smooths out price data to identify trends. Buy Signal: The strategy generates a buy signal when the following conditions are met: ADX is greater than 50 or slow ADX is greater than 26. CCI is less than -100. Fast %K and %D of Stoch and Slow Stoch are all below certain thresholds. Previous fast %K and %D of Stoch and Slow Stoch are below certain thresholds. Fast %K is less than fast %D. Fast %K is greater than fast %D. Mean volume is greater than 0.75. Closing price is greater than 0.00000100. Sell Signal: The strategy generates a sell signal when the following conditions are met: Slow ADX is less than 25. Fast %K or %D of Stoch is greater than 70. Previous fast %K is less than previous fast %D. Closing price is greater than EMA(5). By using these indicators and signal conditions, the Strategy004 aims to identify potential buying opportunities and sell positions to generate returns.
CCI (Commodity Channel Index): Identifies overbought and oversold conditions.
Stoch (Stochastic Oscillator): Measures the current price relative to the price range over a specified period.
Slow Stoch: Stochastic Oscillator with a longer period. EMA (Exponential Moving Average): Smooths out price data to identify trends. Buy Signal: The strategy generates a buy signal when the following conditions are met: ADX is greater than 50 or slow ADX is greater than 26. CCI is less than -100. Fast %K and %D of Stoch and Slow Stoch are all below certain thresholds. Previous fast %K and %D of Stoch and Slow Stoch are below certain thresholds. Fast %K is less than fast %D. Fast %K is greater than fast %D. Mean volume is greater than 0.75. Closing price is greater than 0.00000100. Sell Signal: The strategy generates a sell signal when the following conditions are met: Slow ADX is less than 25. Fast %K or %D of Stoch is greater than 70. Previous fast %K is less than previous fast %D. Closing price is greater than EMA(5). By using these indicators and signal conditions, the Strategy004 aims to identify potential buying opportunities and sell positions to generate returns.
stoploss: -0.3 timeframe: 5m hash(sha256): 87bd17cf881d46de56c331f60adf4cf4fd9d32229d0810e6b8cfd46308f2f231 indicators: meanvolume slowfastkprevious slowfastdprevious adx slowfastd volume slowadx close cci fastkprevious ema5 fastd fastk slowfastk fastdprevious
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last change: 2024-04-29 01:12:51