The NFI46Offset strategy is a backtesting strategy designed for trading. It follows a set of conditions to determine when to enter a buy trade. Here are the key components of the strategy:
populate_indicators: This function populates the indicators used in the strategy.
It merges informative data from a 1-hour timeframe with the current timeframe.
populate_buy_trend: This function defines the conditions for entering a buy trade.
The strategy consists of multiple conditions, each represented by an element in the conditions list. Condition 1: Checks if the 50-period exponential moving average (ema) on the 1-hour timeframe is greater than the 200-period ema on the 1-hour timeframe, the 200-period simple moving average (sma), safe dips, safe pump, minimum increase, and certain RSI and MFI values. Condition 2: Checks if the 50-period ema on the 1-hour timeframe is greater than the 200-period ema on the 1-hour timeframe, safe pump (strict), volume conditions, RSI values, and certain price and volume conditions. Condition 3: Checks various conditions related to ema, safe pump, Bollinger Bands, and volume. Condition 4: Checks conditions related to ema, safe dips (strict), safe pump, Bollinger Bands, and volume. Condition 5: Checks conditions related to ema, safe dips, safe pump (strict), volume conditions, ema difference, and Bollinger Bands. Condition 6: Checks conditions related to ema, safe dips (strict), volume conditions, and ema difference. Condition 7: Checks conditions related to ema, safe dips, volume conditions, ema difference, RSI, and Bollinger Bands. Condition 8: Checks conditions related to ema, smma, open/close prices, RSI, and volume. Condition 9: Checks conditions related to ema, safe dips (strict), volume conditions, RSI, MFI, and Bollinger Bands. Condition 10: Checks conditions related to ema, sma, safe dips, safe pump, and volume conditions. Each condition is represented by a logical expression that evaluates the given conditions for entering a buy trade. The strategy combines these conditions to generate buy signals for backtesting trading strategies.