The KeltnerRSIdos strategy is a trading strategy that uses the Keltner Channel and the Relative Strength Index (RSI) to generate buy and sell signals. Here is a breakdown of the important parts of the strategy:
Timeframe: The strategy operates on 6-hour candlestick data. Stoploss: The stoploss parameter is set to -0.254, which means that if the price drops by 25.4% from the entry point, the position will be sold.
Minimal ROI: The minimal_roi parameter is set to {"0": 100}, which means that the strategy aims to achieve a minimum return on investment of 100%.
Indicators: The strategy populates several indicators on the dataframe.
It calculates the Keltner Channel with a window of 20 and an average true range (ATR) multiplier of 1. It also calculates the RSI with a time period of 14. Buy Signal: The strategy generates a buy signal when the price crosses above the upper band of the Keltner Channel and the RSI is above a specified threshold (hline). Sell Signal: The strategy generates a sell signal when the price crosses below the middle band of the Keltner Channel. Plot Configuration: The strategy specifies the plot configuration for visualizing the Keltner Channel (upper band, middle band, and lower band) and the RSI indicator. Overall, the strategy aims to capture potential buy opportunities when the price is above the upper band of the Keltner Channel and the RSI is strong, and it sells when the price crosses below the middle band of the Keltner Channel.