The "NowotnyIchimokuV1" strategy is designed to backtest trading decisions using the Ichimoku Cloud indicator. Here's a short description of what the strategy does:
The strategy uses the 1-hour timeframe for optimal results. It requires at least 180 startup candles to generate the necessary indicators.
The strategy processes both new and existing candles.
There is a commented-out section for plotting indicators on the main chart.
The strategy does not have any informative pairs. The "populate_indicators" function calculates various components of the Ichimoku Cloud indicator (conversion line, base line, lead spans, and cloud color) and adds them to the dataframe. The "populate_buy_trend" function determines when to buy based on specific conditions:
The conversion line is above the lead spans. The conversion line is above the base line. The cloud color is green (shifted by 25 candles to the left). The closing price of the candle 25 periods ahead is higher than the current closing price. The "populate_sell_trend" function determines when to sell based on a simple crossover strategy:
The closing price crosses below the closing price 25 periods ago. This strategy utilizes the Ichimoku Cloud indicator and a crossover signal for buying and selling decisions.