The FrostAuraM115mStrategy is a trading strategy that makes purchase and sell decisions based on the Bollinger Bands (BB) and the Relative Strength Index (RSI). Here's a breakdown of what the strategy does:
The strategy uses the following indicators:
RSI (Relative Strength Index): Calculates the RSI value for the given data. Bollinger Bands: Calculates three sets of Bollinger Bands with different standard deviations (1, 2, and 3).
The strategy defines a minimal return on investment (ROI) and a stop loss value.
Minimal ROI: Defines the minimum desired return at different time intervals.
Stoploss: Sets the value at which a trade should be stopped to limit losses. The strategy specifies the timeframe for analyzing the data, which is set to 15 minutes. The strategy requires a minimum number of candles (30) before generating valid signals. The strategy populates indicators and generates buy and sell signals based on specific conditions:
populate_indicators(): Calculates the RSI and Bollinger Bands for the given data. populate_buy_trend(): Generates a buy signal if the following conditions are met:
The close price is below the second Bollinger Band. The close price is above a minimum coin price. populate_sell_trend(): Generates a sell signal if the following conditions are met:
The RSI value is above 53. The close price is above the first Bollinger Band. The strategy provides optional configurations for order types and time in force. The strategy includes a plot configuration for visualizing indicators like TEMA, SAR, MACD, and RSI. Note: This description provides a general overview of the strategy's functionality. The specific implementation and performance details can be further explored in the code provided.