The DoubleEMACrossoverWithTrend strategy is designed for backtesting trading strategies. It uses a combination of exponential moving averages (EMAs) and trend analysis to generate buy and sell signals. Here is a breakdown of the strategy:
Indicators:
EMA9: Calculates the 9-period exponential moving average.
EMA21: Calculates the 21-period exponential moving average.
EMA200: Calculates the 200-period exponential moving average.
Buy Signal:
Conditions for buying:
The fast EMA (EMA9) crosses above the slow EMA (EMA21). The candle's low price is above the EMA200. The candle has nonzero volume. Sell Signal:
Conditions for selling:
The fast EMA (EMA9) crosses below the slow EMA (EMA21). The candle's low price is below the EMA200. Other considerations:
Minimal ROI: The strategy has a predefined minimal ROI (Return on Investment) configuration, which can be overridden in the config file. Stoploss: The strategy uses a fixed stoploss of -0.2 (20% loss) by default, which can also be overridden in the config file. Timeframe: The optimal timeframe for the strategy is set to 1 hour. Trailing Stoploss: The strategy does not employ a trailing stoploss. Please note that this is just a brief overview of the strategy, and further details can be found in the provided GitHub link.