The "WhenLambo" strategy is a trading strategy that uses various indicators and conditions to generate buy and sell signals for backtesting purposes. Here is a brief explanation of its important parts:
populate_indicators:
This function calculates and populates different indicators such as moving averages (MA), Exponential Moving Averages (EMA), Heikin Ashi candlesticks, EWO (Elliott Wave Oscillator), and RSI (Relative Strength Index) based on the provided data. It also calculates HMA (Hull Moving Average) for different timeframes.
populate_buy_trend:
This function defines the conditions for generating buy signals.
It uses several conditions, including the bullish MACD crossover, HMA crossover, RSI below a certain threshold, and the price crossing below the moving average with specific offsets.
If any of the conditions are met, the "buy" column in the dataframe is set to 1, indicating a buy signal. populate_sell_trend:
This function defines the conditions for generating sell signals. It uses conditions such as the bearish HMA crossover and MACD crossover, indicating potential downtrends. If any of the conditions are met, the "sell" column in the dataframe is set to 1, indicating a sell signal. The strategy combines different indicators and conditions to determine the optimal times to enter or exit trades. It utilizes moving averages, MACD, RSI, and HMA crossovers to identify potential trends and reversals in the market. The buy and sell signals are generated based on these conditions, which can be used for backtesting and evaluating the strategy's performance.