The ElliotV8_original_ichiv3 strategy is a trading strategy that uses various indicators to make buying and selling decisions in the market. Here is a breakdown of what the strategy does:
In the populate_indicators method:
Calculates exponential moving averages (EMA) for different time periods and adds them to the dataframe as columns. Calculates the Hull Moving Average (HMA) with a window of 50 and adds it to the dataframe as a column.
Calculates the Simple Moving Average (SMA) with a time period of 9 and adds it to the dataframe as a column.
Calculates the Elliot Wave Oscillator (EWO) using the EWO function and adds it to the dataframe as a column.
Calculates the Relative Strength Index (RSI) with time periods of 14, 4, and 20 and adds them to the dataframe as columns. In the populate_buy_trend method:
Defines conditions for entering a buy trade based on various indicators such as RSI, close price, EWO, and volume. If any of the conditions are met, sets the 'buy' column of the corresponding rows to 1. In the populate_sell_trend method:
Defines conditions for exiting a trade (selling) based on indicators such as RSI, close price, and volume. If any of the conditions are met, sets the 'sell' column of the corresponding rows to 1. In the populate_exit_trend method:
Sets the 'exit_long' and 'exit_tag' columns of all rows to 0 and 'long_out', respectively, indicating no exit conditions for long trades. Overall, this strategy uses moving averages, oscillators, and other technical indicators to determine when to enter and exit trades based on predefined conditions.