AwesomeMacd_131

The AwesomeMacd strategy is a trading strategy that uses the MACD (Moving Average Convergence Divergence) indicator along with the Awesome Oscillator (AO) to generate buy and sell signals. Here's a breakdown of how the strategy works: The strategy calculates the ADX (Average Directional Index) indicator with a time period of 14 and adds it to the dataframe. The strategy calculates the Awesome Oscillator (AO) using the qtpylib library and adds it to the dataframe.

The strategy calculates the MACD indicator using the talib library and adds the MACD line, signal line, and histogram to the dataframe.

For generating buy signals, the strategy looks for the following conditions: The MACD line is above 0.

The Awesome Oscillator (AO) is above 0. The previous value of the Awesome Oscillator (AO) was below 0. If these conditions are met, a 'buy' signal is marked in the dataframe. For generating sell signals, the strategy looks for the following conditions: The MACD line is below 0. The Awesome Oscillator (AO) is below 0. The previous value of the Awesome Oscillator (AO) was above 0. If these conditions are met, a 'sell' signal is marked in the dataframe. The strategy also includes some additional parameters: minimal_roi: Defines the minimum return on investment (ROI) required for the strategy to consider a trade profitable. stoploss: Defines the maximum loss percentage at which a trade should be stopped. timeframe: Specifies the timeframe used for the strategy (in this case, 1 hour). Overall, the strategy aims to identify potential buying and selling opportunities based on the MACD and Awesome Oscillator indicators, using their convergence and divergence patterns to determine entry and exit points for trades.