The BBMod1 strategy is a backtesting strategy that uses various indicators to identify potential buying opportunities in trading. Here's a brief description of what the strategy does:
populate_indicators: This function populates the required indicators for the strategy, including informative 1-hour indicators and normal time frame indicators. It merges the informative pair data with the current timeframe data.
populate_buy_trend: This function identifies conditions for potential buying opportunities based on several criteria.
Some of the important conditions include:
is_dip: Checks if the Relative Momentum Index (RMI), Commodity Channel Index (CCI), and Stochastic Relative Strength Index (SRSI) meet specific values.
is_break: Checks if the Bollinger Bands' delta and width, as well as the price delta, meet specific values. is_local_uptrend: Checks for a local uptrend based on exponential moving averages (EMA) and Bollinger Bands. is_local_uptrend2: Similar to the previous condition but with a different calculation for the EMA difference. is_local_dip: Checks for a local dip based on EMA, RSI, and other conditions. is_ewo: Checks for specific conditions related to EMA, RSI, and EWO (Elliott Wave Oscillator). is_clucha: Checks for conditions related to Rate of Change Ratio (ROCR), Bollinger Bands, and other factors. is_clucha2: Similar to the previous condition but with a different calculation for Bollinger Bands. is_cofi: Checks for conditions modified from the COFI strategy, involving EMA, fast stochastics, ADX, EWO, CTI, and R-14. is_nfi_32: Checks for conditions related to NFIX 26 strategy, involving RSI, SMA, and CTI. is_nfi_33: Checks for conditions related to NFIX 33 strategy, involving EMA, EWO, CTI, RSI, R-14, and volume. is_nfi_38: Checks for conditions related to NFIX 38 strategy, involving PM, SMA, EWO, CTI, R-14, and CRSI. is_nfix_5: Checks for conditions related to NFIX 5 strategy, involving EMA, SMA, EWO, CTI, R-14, and close price. is_nfix_39: Checks for conditions related to NFIX 39 strategy, involving EMA, Bollinger Bands, closedelta, tail, and close price. is_nfix_49: (Incomplete in the provided code)
These conditions are used to generate buy signals by setting the 'buy_tag' column in the dataframe accordingly. The strategy likely continues with additional functions for populating sell trends and generating trading signals based on the generated buy and sell tags.