The LongShortRangeTradingMachetesV1 strategy is designed to backtest trading strategies using various indicators. Here's a breakdown of what the strategy does:
The populate_indicators function populates the indicators on the provided dataframe, using the on_populate_indicators function if available. The populate_buy_trend function populates the buy signals on the dataframe based on the entry_signal indicator.
It sets the 'buy' column to 1 when the entry_signal is 1.
The populate_sell_trend function populates the sell signals on the dataframe based on the exit_signal indicator.
It sets the 'sell' column to 1 when the exit_signal is 1. The strategy calculates additional indicators such as RMI (Relative Momentum Index), SSL Channels with ATR (Average True Range), and SROC (Smoothed Rate of Change) using various mathematical calculations and technical analysis libraries. It assigns values to specific columns in the dataframe based on the calculated indicators and their corresponding conditions. The strategy incorporates CCI (Commodity Channel Index) and its overbought and oversold values to determine entry and exit signals. The strategy tracks the market condition, confirmation state, and trade flow state using specific flags and conditions. Finally, the strategy iterates over the provided dataframe, updating the trade flow state based on market conditions and confirmation signals. It sets the entry and exit signals accordingly. Overall, the strategy combines multiple indicators and conditions to generate buy and sell signals based on the provided dataframe's data. It follows a specific trade flow state and tracks market conditions to determine the appropriate actions.