The strategy, named "CombinedBinHAndClucV8XH," is designed for backtesting trading strategies. It consists of three main components: indicator population, buy trend determination, and sell trend determination. Indicator Population:
The strategy starts by populating various indicators using the provided DataFrame and metadata.
It merges informative indicators from the 1-hour timeframe with the current timeframe, ensuring data continuity.
Buy Trend Determination:
The strategy defines multiple buy conditions, each represented as a set of logical expressions.
These conditions involve comparisons between different price indicators and moving averages. The conditions also consider factors such as price dips, volume, and relative strength index (RSI). If any of the buy conditions are met, the corresponding row in the DataFrame is marked as a buy signal. Sell Trend Determination:
Similar to the buy trend determination, the strategy defines sell conditions. These conditions involve comparisons between the closing price and the upper Bollinger Band, as well as the RSI. If any of the sell conditions are met, the corresponding row in the DataFrame is marked as a sell signal. Overall, the strategy aims to generate buy and sell signals based on a combination of technical indicators, price patterns, and volume analysis. It provides a systematic approach for evaluating trading strategies during backtesting.