The MACDTurn strategy is a trading strategy that uses various technical indicators to generate buy and sell signals. Here is a breakdown of what the strategy does:
The populate_indicators method adds several technical indicators to the input DataFrame. These indicators include ADX, PLUS_DM, PLUS_DI, MINUS_DM, MINUS_DI, RSI, Fisher RSI, Stochastic Fast, MACD, MFI, Bollinger Bands, EMA, SAR, and TEMA.
The populate_entry_trend method populates the buy signal based on the values of the indicators.
It applies certain conditions to determine when to generate a buy signal.
The conditions include ADX value, Delta values of DM, MFI value, SAR value, Fisher RSI value, MACD value, Bollinger Bands gain, MACD histogram value, and MACD histogram slope. The populate_exit_trend method populates the sell signal based on the values of the indicators. It applies certain conditions to determine when to generate a sell signal. The conditions include MACD value. The strategy uses these indicators and conditions to identify potential entry and exit points for trades. By backtesting this strategy on historical data, you can evaluate its performance and determine its effectiveness in generating profitable trading signals.