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The "AdxSmas" strategy is a trading strategy that combines the Average Directional Index (ADX) and Simple Moving Average (SMA) indicators to generate buy and sell signals. Here's a breakdown of what the strategy does:
The strategy uses a 1-hour timeframe for analyzing the market. It calculates the ADX indicator with a time period of 14, which measures the strength of a trend.
It calculates two SMA indicators: a short-term SMA with a time period of 3 and a long-term SMA with a time period of 6.
In the buy signal generation step, the strategy checks if the ADX value is greater than 25 and if the short-term SMA crosses above the long-term SMA.
If both conditions are met, a buy signal is generated. In the sell signal generation step, the strategy checks if the ADX value is less than 25 and if the long-term SMA crosses above the short-term SMA. If both conditions are met, a sell signal is generated. The strategy defines a minimal ROI (Return on Investment) of 0.1, which represents the desired minimum profit target. The strategy has an optimal stop-loss value of -0.25, indicating the maximum tolerable loss before triggering a sell. Overall, the strategy aims to capitalize on trends in the market by identifying potential entry points when the ADX value is high and the short-term SMA crosses above the long-term SMA. It also provides an exit signal when the ADX value is low and the long-term SMA crosses above the short-term SMA. The minimal ROI and stop-loss values can be adjusted based on market conditions.
It calculates two SMA indicators: a short-term SMA with a time period of 3 and a long-term SMA with a time period of 6.
In the buy signal generation step, the strategy checks if the ADX value is greater than 25 and if the short-term SMA crosses above the long-term SMA.
If both conditions are met, a buy signal is generated. In the sell signal generation step, the strategy checks if the ADX value is less than 25 and if the long-term SMA crosses above the short-term SMA. If both conditions are met, a sell signal is generated. The strategy defines a minimal ROI (Return on Investment) of 0.1, which represents the desired minimum profit target. The strategy has an optimal stop-loss value of -0.25, indicating the maximum tolerable loss before triggering a sell. Overall, the strategy aims to capitalize on trends in the market by identifying potential entry points when the ADX value is high and the short-term SMA crosses above the long-term SMA. It also provides an exit signal when the ADX value is low and the long-term SMA crosses above the short-term SMA. The minimal ROI and stop-loss values can be adjusted based on market conditions.
stoploss: -0.25 timeframe: 1h hash(sha256): 21c5d2067b687a0a3ee5badb191604ed9238f744ee64f959bf74537b50b5ab2b
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last change: 2022-07-02 19:54:08