The strategy "Combined_NFIv7_SMA_bAdBoY_20211030" is designed to backtest trading strategies. It consists of various indicators and conditions to determine when to buy. Here is a brief description of its important parts:
The "populate_indicators" function calculates and adds indicators to the input dataframe, including informative 1-hour indicators and normal timeframe indicators.
The "populate_buy_trend" function defines the conditions for buying.
It creates multiple sets of protections and logic for each buy condition.
Buy Condition 1: It checks for various conditions such as a descending slow RSI, fast RSI below 35, an uptrend in the 1-hour timeframe, close price below the lower moving average (MA), open price above the lower MA, positive volume, and specific patterns involving the exponential moving average (EMA) and low price. These conditions are combined using logical operators. Buy Condition 2: Similar to Buy Condition 1, it has protections and logic involving different indicators such as RSI, MFI, Bollinger Bands, and volume. Buy Condition 3: It includes additional protections and logic using indicators like EMA, Bollinger Bands, and price patterns. Additional buy conditions can be enabled or disabled based on user preferences. The strategy aims to generate buy signals based on these conditions, which can then be used for backtesting trading strategies.