The strategy implemented in this code is called "CombinedBinHAndClucV2". It is a backtesting strategy for trading cryptocurrencies or other assets. Here is a brief description of what the strategy does:
The strategy combines two sub-strategies: BinHV45 and ClucMay72018.
The main idea is to buy assets when there is an overall uptrend in a higher timeframe and a local dip in the current timeframe, using a pullback strategy.
The strategy uses various technical indicators, including Bollinger Bands and SSL Channels, to identify potential buying opportunities.
The strategy sets specific parameters for the minimum return on investment (ROI) at different time intervals. It uses the 1-hour timeframe for informative data and the 5-minute timeframe for trading. A stop-loss of -0.05 (5% loss) is implemented to limit potential losses. The strategy includes a sell signal based on the price crossing below the upper Bollinger Band. It also includes protections, such as a stop-loss guard, to limit losses and control trading frequency. The strategy populates indicators, such as SSL Channels, Moving Average Convergence Divergence (MACD), and Relative Strength Index (RSI), to make informed buy and sell decisions. It uses historical price data and calculates various metrics, such as Bollinger Bands, Exponential Moving Average (EMA), and volume mean. The buy signal is triggered when specific conditions are met, such as price movements relative to Bollinger Bands and moving averages. The sell signal is triggered when the price crosses below the upper Bollinger Band. This strategy aims to identify buying opportunities during uptrends and local dips in the market and to sell when the price shows signs of potential reversal. It combines multiple indicators and sub-strategies to make informed trading decisions.