The Low_BBHO2 strategy is designed for backtesting trading strategies. Here's a short description of what the strategy does:
The strategy aims to buy assets after crossing 0.98 times the lower Bollinger Band and sell when a trailing stop loss is hit. It uses the following indicators: Bollinger Bands, MACD (Moving Average Convergence Divergence).
Key features of the strategy:
Minimal ROI (Return on Investment) targets are defined for different time periods.
A buy limit parameter is set to 0.98, which is used to determine when to buy based on the crossing of the lower Bollinger Band.
The stoploss parameter is set to -0.263, indicating the optimal stop loss level for the strategy. The timeframe for the strategy is set to 5 minutes. The strategy calculates and populates several indicators, including the lower, middle, and upper bands of the Bollinger Bands, as well as the MACD and its components (macd, macdsignal, macdhist). These indicators are used to generate buy and sell signals. In the populate_buy_trend method, the strategy identifies buy opportunities when the closing price is less than or equal to 0.98 times the lower Bollinger Band. In the populate_sell_trend method, the strategy generates a sell signal without any specific conditions. Please note that this is a brief summary of the strategy, and there may be additional details or considerations not covered in this description.