The ClucMay72018 strategy is a trading strategy that aims to identify buying and selling opportunities based on technical analysis indicators. Here is a brief description of what the strategy does:
Indicators:
RSI (Relative Strength Index): Calculates the RSI indicator for the given timeframe. EMA (Exponential Moving Average): Calculates the EMA indicator for the RSI values.
MACD (Moving Average Convergence Divergence): Calculates the MACD indicator.
ADX (Average Directional Index): Calculates the ADX indicator.
Bollinger Bands: Calculates the upper, middle, and lower bands of the Bollinger Bands indicator. EMA100: Calculates the 100-day Exponential Moving Average. Buy Signal:
The strategy generates a buy signal when the following conditions are met:
The closing price is below the EMA100. The closing price is below 0.985 times the lower Bollinger Band. The volume is less than the 20-day rolling average of volume (shifted by 1) multiplied by 20. Sell Signal:
The strategy generates a sell signal when the closing price is above the middle Bollinger Band. The strategy aims to achieve a minimal ROI of 0.01 and has a stoploss of -0.05. It operates on a 5-minute timeframe.