The BinHV27_short strategy is designed for backtesting trading strategies. Here's a breakdown of what the strategy does:
It populates various indicators based on the provided dataframe and metadata. The strategy defines conditions for entering a trade (populate_entry_trend method) based on multiple criteria, including RSI, moving averages, trend direction, and other technical indicators.
It also defines conditions for exiting a trade (populate_exit_trend method) based on predefined exit rules.
The strategy calculates the proposed leverage based on certain parameters.
It includes a custom stop loss mechanism (custom_stop_loss method) that determines when to exit a trade based on the current profit and specified stop loss thresholds. It also includes a custom sell mechanism (custom_sell method) that determines when to sell a trade based on the current profit and predefined rules, such as pullback amount and minimum return on investment (ROI). Overall, the strategy combines various technical indicators and rules to determine entry and exit points for trades. It also incorporates risk management elements, such as stop loss and sell rules, to protect against potential losses.