The ClucHAnix_BB_RPB strategy is a trading strategy that uses various technical indicators to identify buy signals. Here's a breakdown of its main components:
Indicators:
Heikin Ashi candles are calculated from the original price data. Exponential Moving Averages (EMA) of different time periods (8, 14, and 26) are computed.
Simple Moving Average (SMA) with a time period of 15 is calculated.
Relative Strength Index (RSI) is calculated for different time periods (4, 14, and 20).
Commodity Channel Index (CTI) is computed using the close price with a length of 20. Stochastic Fast indicator is calculated with parameters (5, 3, 0, 3, 0). Average Directional Index (ADX) is calculated. Bollinger Bands are computed using the Heikin Ashi typical price with a window size of 40 and two standard deviations. Bollinger Bands (with a window size of 20 and two standard deviations) are also computed using the typical price. Various other derived columns are created based on price and indicator calculations. Buy Signals:
The strategy identifies buy opportunities based on the following conditions:
"Lambo1" condition: The close price is below the EMA 14 multiplied by a specified factor, and RSI 4 and RSI 14 are below certain limits. "Lambo2" condition: Similar to "Lambo1" but with different limit values. "Local Uptrend" condition: The EMA 26 is greater than EMA 14, and the difference between them is larger than a percentage of the opening price. Additionally, the close price is below the second Bollinger Band, and there is a positive price delta and tail length. "NFI_32" condition: RSI 20 is lower than the previous value, RSI 4 is below a specified threshold, RSI 14 is above another threshold, the close price is below the SMA 15 multiplied by a factor, and the CTI is below a certain limit. "EWO_1" condition: RSI 4 is below a specified value, the close price is below the EMA buy period multiplied by an offset, the EWO (Elliott Wave Oscillator) is above a specified value, RSI 14 is below another specified value, and the close price is below the EMA sell period multiplied by an offset. "EWO_Low" condition: RSI 4 is below a specified value, the close price is below the EMA buy period multiplied by an offset, the EWO is below a specified value, and the close price is below the EMA sell period multiplied by an offset. "COFI" condition: The open price is below the EMA 8 multiplied by a factor, the fast %K line crosses above the fast %D line, both %K and %D are below specified values, ADX is above a threshold, and EWO is above a specified value. "ClucHA" condition: This part of the code is incomplete in the provided snippet, so the specific conditions are not clear. Overall, the strategy combines multiple technical indicators and specific buy conditions to generate trading signals.