The CofiBitStrategy is a trading strategy that aims to generate profits by taking advantage of technical indicators. Here is a breakdown of what the strategy does:
Indicators:
Stochastic Fast: Calculates the fast %K and %D values using the high, low, and close prices of the given DataFrame. EMA (Exponential Moving Average): Calculates the EMA values based on the high, close, and low prices with a time period of 5.
ADX (Average Directional Index): Calculates the ADX value of the given DataFrame.
Buy Signal:
The strategy generates a buy signal when the following conditions are met:
The opening price is lower than the EMA low.
The fast %K line crosses above the fast %D line. The fast %K and %D values are both below 30. The ADX value is above 30. Sell Signal:
The strategy generates a sell signal when either of the following conditions are met:
The opening price is equal to or higher than the EMA high. Either the fast %K or %D line crosses above the value of 70. The strategy defines a minimal return on investment (ROI) and stop-loss values, which can be overridden in the configuration file. The ticker interval for the strategy is set to 5 minutes. Please note that this is a simplified description of the strategy, and there may be additional factors or considerations not mentioned here.