The ClucMay72018 strategy is a trading strategy that aims to generate profits by identifying buying and selling opportunities based on various technical indicators. Here's a brief description of how the strategy works:
Indicator Calculation:
Relative Strength Index (RSI): Calculates the RSI indicator with a time period of 5. Exponential Moving Average (EMA): Calculates the EMA indicator using the RSI values with a time period of 5.
Moving Average Convergence Divergence (MACD): Calculates the MACD indicator.
Average Directional Index (ADX): Calculates the ADX indicator.
Bollinger Bands: Calculates the Bollinger Bands using the typical price and a window of 20 with 2 standard deviations. Exponential Moving Average (EMA): Calculates the EMA indicator with a time period of 50. Buy Signal:
The strategy generates a buy signal when the following conditions are met:
The closing price is below the 100-day EMA. The closing price is below 0.985 times the lower Bollinger Band. The volume is less than the 20-day moving average of the volume shifted by 1, multiplied by 20. Sell Signal:
The strategy generates a sell signal when the following condition is met:
The closing price is above the middle Bollinger Band. The strategy aims to achieve a minimal return on investment (ROI) of 0.01 and has a stop loss set at -0.05. It operates on 5-minute ticker intervals. The strategy's author is Gert Wohlgemuth, and it is designed to work with the objectify branch of the Freqtrade framework. Please note that this description provides a general overview of the strategy's key components and rules. Further analysis and consideration of risk management and market conditions are necessary before implementing the strategy in a live trading environment.