The EMA003 strategy is a combination of Strategy 003 and EMA Cross. It utilizes various technical indicators to generate buy and sell signals for trading. The strategy uses the following indicators:
MFI (Money Flow Index)
Stochastic Fast
RSI (Relative Strength Index)
Inverse Fisher Transform on RSI
Bollinger Bands
EMA (Exponential Moving Average)
SAR Parabol
SMA (Simple Moving Average)
The strategy's entry trend is determined by the crossover of two EMAs (Exponential Moving Averages).
When the shorter EMA (ema7) crosses above the longer EMA (ema25), a buy signal is generated.
The exit trend is based on the SAR Parabol indicator and the Fisher RSI.
If the SAR value is above the closing price and the Fisher RSI is above 0.3, a sell signal is generated. However, if the "sell_hold" parameter is set to True, the strategy will hold the position and not generate a sell signal. The strategy also includes various parameters for setting the ROI (Return on Investment) targets, trailing stop, stop loss, and order types. To use the strategy, you can run the backtesting website and specify "EMA003" as the strategy name.