The FrostAuraM315mStrategy is a trading strategy that uses the Bollinger Bands (BB), Relative Strength Index (RSI), and Stochastic indicators to make purchase and sell decisions. The strategy is optimized for a 15-minute timeframe and aims to achieve a high Sharpe Ratio and profit percentage. The strategy first populates various indicators, including RSI, Stochastic Slow (slowk and slowd), and multiple Bollinger Bands with different standard deviations.
These indicators provide insights into market conditions and price volatility.
In the populate_buy_trend function, the strategy identifies potential buying opportunities based on several conditions:
RSI is above 22 (indicating potential oversold conditions).
Stochastic slowk is below slowd (indicating a potential reversal). The closing price is below the lower band of the third Bollinger Band deviation. The closing price is above a minimum coin price. In the populate_sell_trend function, the strategy identifies potential selling opportunities based on the following conditions:
Stochastic slowk is below slowd (indicating a potential reversal). RSI is above 72 (indicating potential overbought conditions). The closing price is above the middle band of the first Bollinger Band deviation. By analyzing these indicators and conditions, the strategy generates buy and sell signals, which can be used for backtesting trading strategies on the website.