The BB_RPB_3c strategy is a trading strategy that involves the use of various technical indicators to generate buy signals. Here's a breakdown of what the strategy does:
In the populate_indicators method:
Bollinger Bands with a window of 20 and 2 standard deviations are calculated for the typical price. Several moving averages (SMA, EMA) and other indicators like RSI, CTI, HMA, EWO, ADX, and more are calculated.
Heikin-Ashi candles are generated, and Bollinger Bands are calculated for Heikin-Ashi close prices.
Other indicators like ROCR, Williams %R, T3, VWAP, CCI, MFI are also calculated.
Informative data on a higher timeframe (1 hour) is retrieved and its indicators are calculated. The informative data is merged with the current timeframe data. In the populate_buy_trend method:
Several buy conditions are defined using the calculated indicators. Conditions include checks on EMA crossover, fastk/fastd crossover, ADX value, EWO value, Heikin-Ashi patterns, T3/EMA crossover, CTI value, RSI value, VWAP conditions, and more. The strategy uses a combination of indicators to identify potential buying opportunities in the market. It considers factors such as trend direction, volatility, price patterns, and momentum to generate buy signals.