The "Long" strategy is a trading strategy designed to identify potential buying and selling opportunities in the market. Here's a brief explanation of how the strategy works:
Indicators:
Moving Average Convergence Divergence (MACD): Calculates the MACD line, the signal line, and the MACD histogram. Commodity Channel Index (CCI): Calculates the CCI indicator.
Triple Exponential Moving Average (TEMA): Calculates the TEMA indicator.
Bollinger Bands: Calculates the upper, middle, and lower bands of the Bollinger Bands indicator.
Relative Strength Index (RSI): Calculates the RSI indicator. Fisher Transform on RSI: Applies the inverse Fisher transform to the RSI values. Buy Signal:
The strategy generates a buy signal when the following conditions are met:
The MACD line is above the signal line and both are above zero. The CCI indicator is less than or equal to 0. Sell Signal:
The strategy generates a sell signal when the following conditions are met:
The SAR Parabolic indicator is above the closing price. The Fisher RSI value is greater than 0.3. The strategy uses these indicators and signals to determine when to enter a buy or sell position. It aims to achieve a minimal ROI (Return on Investment) by setting specific target levels for different time intervals. Additionally, it includes an optimal stop-loss value to limit potential losses. Please note that this description provides a high-level overview of the strategy, and there may be additional considerations or parameters not explicitly mentioned here.