You will be redirected to the original Strategy in 15 seconds.
The INSIDEUP strategy is a trading strategy implemented in Python for backtesting purposes. Here is a short description of what the strategy does:
The strategy is designed to identify potential buying opportunities based on specific conditions in the market. It uses various technical indicators to make buying decisions.
Indicators: Three Inside Up/Down: This indicator identifies the Three Inside Up pattern, which is considered bullish when it appears in a downtrend.
Morning Doji Star: This indicator identifies the Morning Doji Star pattern, which is considered bullish.
Piercing Line: This indicator identifies the Piercing Line pattern, which is considered bullish. Three Black Crows: This indicator identifies the Three Black Crows pattern, which is considered bearish. Additional Indicators: Relative Strength Index (RSI): This indicator measures the strength and momentum of the market based on the closing prices. Average Directional Index (ADX): This indicator measures the strength of a trend. Buy Signal: The strategy generates a buy signal when the following conditions are met: The current closing price is lower than the closing price two days ago, indicating a downtrend. The RSI is below 50, suggesting a potential reversal. The ADX value is greater than 13.0, indicating a strong trend. The Three Inside Up pattern is present, indicating a bullish signal. Sell Signal: The strategy does not generate a specific sell signal. Therefore, it does not actively manage the selling process. Other Parameters: The strategy uses a stoploss of -0.99, which is a predefined value for exiting a trade. Trailing stop is enabled with positive values for the trailing stop and offset. The strategy operates on a daily timeframe. Indicators are populated only for new candle intervals to optimize performance. Please note that this is a simplified description of the strategy, and further analysis and customization may be required for actual trading implementation.
Indicators: Three Inside Up/Down: This indicator identifies the Three Inside Up pattern, which is considered bullish when it appears in a downtrend.
Morning Doji Star: This indicator identifies the Morning Doji Star pattern, which is considered bullish.
Piercing Line: This indicator identifies the Piercing Line pattern, which is considered bullish. Three Black Crows: This indicator identifies the Three Black Crows pattern, which is considered bearish. Additional Indicators: Relative Strength Index (RSI): This indicator measures the strength and momentum of the market based on the closing prices. Average Directional Index (ADX): This indicator measures the strength of a trend. Buy Signal: The strategy generates a buy signal when the following conditions are met: The current closing price is lower than the closing price two days ago, indicating a downtrend. The RSI is below 50, suggesting a potential reversal. The ADX value is greater than 13.0, indicating a strong trend. The Three Inside Up pattern is present, indicating a bullish signal. Sell Signal: The strategy does not generate a specific sell signal. Therefore, it does not actively manage the selling process. Other Parameters: The strategy uses a stoploss of -0.99, which is a predefined value for exiting a trade. Trailing stop is enabled with positive values for the trailing stop and offset. The strategy operates on a daily timeframe. Indicators are populated only for new candle intervals to optimize performance. Please note that this is a simplified description of the strategy, and further analysis and customization may be required for actual trading implementation.
stoploss: -0.99 timeframe: 1d hash(sha256): 600fa3a2053bf6c8d70040464197071c9d58aacd3f4802d0d694630fafb2ddc6 indicators: CDLMORNINGDOJISTAR adx CDL3BLACKCROWS slowadx close CDL3INSIDE CDLPIERCING buy buy_tag rsi_14
No similar strategies found. (based on used indicators)
last change: 2024-01-02 16:55:22