The Bandtastic strategy is a trading strategy that uses various indicators to generate buy and sell signals. Here is a brief description of what the strategy does:
The strategy first populates indicators for the given dataframe, including RSI (Relative Strength Index) and MFI (Money Flow Index), as well as multiple sets of Bollinger Bands with different standard deviations. The "populate_buy_trend" function is responsible for generating buy signals based on specified conditions.
The conditions checked include RSI, MFI, and EMA (Exponential Moving Average) values, as well as the position of the closing price relative to the Bollinger Bands.
The "populate_sell_trend" function generates sell signals based on conditions similar to the buy signals, but with opposite criteria.
The strategy considers volume to be greater than zero as a condition for both buy and sell signals. In summary, the Bandtastic strategy combines technical indicators such as RSI, MFI, EMA, and Bollinger Bands to determine optimal entry and exit points for trading.
The conditions checked include RSI, MFI, and EMA (Exponential Moving Average) values, as well as the position of the closing price relative to the Bollinger Bands.
The "populate_sell_trend" function generates sell signals based on conditions similar to the buy signals, but with opposite criteria.
The strategy considers volume to be greater than zero as a condition for both buy and sell signals. In summary, the Bandtastic strategy combines technical indicators such as RSI, MFI, EMA, and Bollinger Bands to determine optimal entry and exit points for trading.
startup_candle_count : 50 rsi: -1.803%
stoploss: -0.345 timeframe: 15m hash(sha256): a02035ff7e4b9fb34b8b526a8e7829c22dad5239cf43d142fc6b92a1036b6952 indicators: upper bb_middleband3 bb_upperband3 close mfi bb_middleband2 volume bb_upperband4 bb_upperband2 bb_upperband1 mid bb_lowerband4 bb_lowerband3 lower bb_lowerband1 bb_middleband4 bb_middleband1 rsi bb_lowerband2
Similar Strategies: (based on used indicators)
Strategy: bbrsi_2, Similarity Score: 90%
last change: 2024-05-02 18:36:41