The BigZ07 strategy is a trading strategy implemented in a backtesting website. Here's a short description of what the strategy does:
The strategy first populates indicators using the provided dataframe and metadata. It merges informative 1-hour indicators with the main timeframe indicators.
The strategy then proceeds to populate buy trend conditions based on various criteria.
The buy conditions include checks for specific price and indicator relationships.
For example, conditions are evaluated based on the close price being above the 200-period exponential moving average (EMA) on both the main timeframe and the 1-hour timeframe. Other conditions involve the Chaikin Money Flow (CMF), the Relative Strength Index (RSI), Bollinger Bands (BB), historical data, and volume metrics. The strategy considers different combinations of these conditions, allowing for flexible configuration. It checks for volume patterns, such as volume increases and decreases relative to previous periods, and ensures that volume is non-zero. Overall, the strategy aims to identify potential buying opportunities based on the specified conditions and indicators.