The ASDTSRockwellTrading strategy is a simple trading strategy based on the MACD indicator. The strategy aims to identify uptrends and downtrends in the market using the MACD and MACD signal lines. Here's a breakdown of how the strategy works:
Uptrend definition: The strategy considers an uptrend when the MACD line is above the 0 line and above the MACD signal line.
Downtrend definition: The strategy considers a downtrend when the MACD line is below the 0 line and below the MACD signal line.
Sell definition: The strategy considers selling when the MACD line is below the MACD signal line.
The strategy sets a minimal return on investment (ROI) and a stop loss value. The minimal ROI indicates the desired minimum return at specific time intervals, while the stop loss defines the maximum loss tolerance. The strategy uses a 5-minute ticker interval for analyzing the market data. It calculates the MACD, MACD signal, and MACD histogram indicators using the populate_indicators function. The populate_buy_trend function populates the buy signal column in the dataframe based on the strategy's conditions. It marks a buy signal when the MACD line is greater than 0 and above the MACD signal line. The populate_sell_trend function populates the sell signal column in the dataframe based on the strategy's conditions. It marks a sell signal when the MACD line is below the MACD signal line. Overall, the ASDTSRockwellTrading strategy is a straightforward implementation of a MACD-based trading strategy, focusing on identifying trends and generating buy and sell signals based on the relationship between the MACD and MACD signal lines.