The BB_RPB_TSL strategy is a trading strategy that uses various technical indicators to determine buy signals in the market. Here's a breakdown of its important components:
populate_indicators function: This function calculates and adds the necessary indicators to the input dataframe for the strategy to use. It merges the informative 1-hour indicators with the current timeframe indicators.
populate_buy_trend function: This function determines the buy signals based on specific conditions and assigns a buy tag to the corresponding rows in the dataframe.
is_dip: Checks for a dip in indicators such as RMI, CCI, and SRSI.
is_break: Looks for a breakout based on indicators like Bollinger Bands, delta, and width. is_local_uptrend: Identifies a local uptrend using EMA and Bollinger Bands. is_local_dip: Recognizes a local dip using EMA, RSI, CRSI, and other factors. is_ewo: Considers the EWO indicator, RSI, and EMA for generating a buy signal. is_ewo_2: Uses various indicators, including EMA, RSI, and EWO, for identifying a buy opportunity. is_nfi_13: Considers indicators like EMA, SMA, CTI, and EWO to find a buy signal. is_nfi_32: Checks for specific conditions related to RSI, SMA, CTI, and EWO. is_nfi_33: Analyzes conditions such as EMA, EWO, RSI, and volume to generate a buy signal. is_nfi_38: Considers indicators like PM, SMA, EWO, CTI, RSI, and CRSI for identifying a buy opportunity. is_additional_check: Performs additional checks based on indicators from a 1-hour timeframe. If any of the conditions are met, the corresponding buy tag is appended to the 'buy_tag' column in the dataframe. This strategy combines multiple indicators and conditions to generate buy signals, providing a systematic approach to backtesting and evaluating trading strategies.