The ElliotV8_original strategy is a backtesting strategy that uses a combination of indicators to determine buy and sell signals in a trading system. Here is a description of the strategy in simplified terms:
Indicators:
Moving Averages (MA): Calculates exponential moving averages for various time periods. Hull Moving Average (HMA): Calculates the hull moving average for a window of 50 periods.

Simple Moving Average (SMA): Calculates the simple moving average for a time period of 9.

EWO: Calculates the Elder's Force Index Oscillator based on fast and slow EWO values.

RSI: Calculates the Relative Strength Index for different time periods. Buy Signal Conditions: The strategy checks for the following conditions to generate a buy signal: RSI Fast is below 35. The close price is below a certain offset percentage of the MA for the specified buy time period. EWO is above a specified high value. RSI is below a specified buy threshold. Volume is greater than zero. The close price is below a certain offset percentage of the MA for the specified sell time period. Sell Signal Conditions: The strategy checks for the following conditions to generate a sell signal: The close price is above the HMA. The close price is above a certain offset percentage of the MA for the specified sell time period. RSI is above 50. Volume is greater than zero. RSI Fast is greater than RSI Slow. The strategy applies these conditions to the input dataframe and populates the "buy" and "sell" columns accordingly.

Simple Moving Average (SMA): Calculates the simple moving average for a time period of 9.

EWO: Calculates the Elder's Force Index Oscillator based on fast and slow EWO values.

RSI: Calculates the Relative Strength Index for different time periods. Buy Signal Conditions: The strategy checks for the following conditions to generate a buy signal: RSI Fast is below 35. The close price is below a certain offset percentage of the MA for the specified buy time period. EWO is above a specified high value. RSI is below a specified buy threshold. Volume is greater than zero. The close price is below a certain offset percentage of the MA for the specified sell time period. Sell Signal Conditions: The strategy checks for the following conditions to generate a sell signal: The close price is above the HMA. The close price is above a certain offset percentage of the MA for the specified sell time period. RSI is above 50. Volume is greater than zero. RSI Fast is greater than RSI Slow. The strategy applies these conditions to the input dataframe and populates the "buy" and "sell" columns accordingly.

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Was not able to fetch indicators from Strategyfile.last change: 2024-05-05 21:10:10