The Trend23t strategy is a trading strategy that uses various indicators to identify trends and generate entry and exit signals for long positions. Here is a breakdown of what the strategy does:
In the populate_indicators method:
Calculates the KST (Know Sure Thing) indicator and its components (kst, kst_diff, kst_sig). Calculates the MACD (Moving Average Convergence Divergence) indicator and its components (macd, macdsignal, macdhist).
Calculates another MACD indicator (macds, macdsignals, macdhists).
Calculates the Ultimate Oscillator (uo).
Calculates the PLUS_DM (Plus Directional Movement) and PLUS_DI (Plus Directional Indicator). Sets the value for dil to 25. Calculates the RSI (Relative Strength Index) and sets the value for rsil to 20. Calculates the Fisher RSI (fisher_rsi) using the RSI. Sets the value for iftrsil to 0.5. Calculates the Keltner Channel (kc_upperband, kc_lowerband, kc_middleband) using a window of 16 and ATR (Average True Range) multiplier of 2. Calculates the Awesome Oscillator (ao) and sets the value for aol to 0. Calculates Simple Moving Averages (SMAs) with different time periods (sma7, sma20, sma25). In the populate_entry_trend method:
Identifies entry conditions for long positions based on several criteria:
MACD is positive. PLUS_DI is between 26 and 35. Fisher RSI is greater than 0.8. The opening and closing prices are above the Keltner Channel middle band. The 7-period SMA has crossed above the 20-period SMA. The KST has crossed above the KST signal line. Volume is not zero. Sets the enter_long value to 1 and the enter_tag to 'Low below KC' for qualifying entries. In the populate_exit_trend method:
Identifies exit conditions for long positions based on the following criteria:
The MACD signal line has crossed below the MACD line. Volume is not zero. Sets the exit_long value to 1 for qualifying exits. Overall, the Trend23t strategy combines multiple indicators and conditions to identify trends and generate entry and exit signals for long positions.