The "AwesomeMacd" strategy is a trading strategy that uses the MACD (Moving Average Convergence Divergence) and AO (Awesome Oscillator) indicators to generate buy and sell signals. In the "populate_indicators" method, the strategy calculates the ADX (Average Directional Index) indicator, as well as the MACD and its signal line. The AO indicator is also calculated using a vendor library.
The "populate_buy_trend" method determines the conditions for buying.
In this strategy, a buy signal is generated when the MACD is positive, the AO is positive, and the AO value in the previous period was negative.
Similarly, the "populate_sell_trend" method determines the conditions for selling. A sell signal is generated when the MACD is negative, the AO is negative, and the AO value in the previous period was positive. The strategy also includes some predefined parameters:
"minimal_roi": This defines the minimal return on investment (ROI) expected from the strategy. In this case, it is set to 0.1, indicating a 10% ROI. "stoploss": This defines the optimal stop loss value for the strategy. Here, it is set to -0.25, indicating a 25% stop loss. "timeframe": This specifies the timeframe used for the strategy, which is set to 1 hour. Overall, the strategy aims to generate buy signals when the MACD and AO indicators align in a positive direction, and sell signals when they align in a negative direction.