The Ichimoku_v5 strategy is a backtesting strategy that uses the Ichimoku indicator to generate buy and sell signals for trading. Here's a brief explanation of what the strategy does:
The strategy calculates various components of the Ichimoku indicator, including the conversion line (tenkan), base line (kijun), leading span A (senkou_a), leading span B (senkou_b), and cloud colors (cloud_green and cloud_red). In the populate_indicators() function, the strategy populates the dataframe with these calculated values.
The strategy uses the populated indicators to generate buy signals in the populate_buy_trend() function.
A buy signal is generated when the tenkan line crosses above the kijun line, and the closing price is above both the senkou_a and senkou_b lines.
Similarly, in the populate_sell_trend() function, the strategy generates sell signals when the tenkan line crosses below the kijun line. The strategy defines a minimal_roi, which indicates the desired return on investment (ROI) for a successful trade. In this case, the minimal_roi is set to 100, which means that the strategy aims to achieve a 100% ROI. The stoploss parameter is set to -1, indicating that there is no specific stop loss level defined for this strategy. The ticker_interval is set to '4h', indicating that the strategy is designed to work with 4-hour interval data. Overall, the Ichimoku_v5 strategy uses the Ichimoku indicator's components to identify potential buying and selling opportunities in the market.