The NostalgiaForInfinityNext strategy is a trading strategy that involves backtesting various indicators and conditions to determine buy signals in the cryptocurrency market. Here is a breakdown of what the strategy does:
Populating Indicators:
The strategy fetches data for the BTC/USDT pair at different timeframes (5 minutes and 1 hour) and applies specific indicators to the data. The indicators include exponential moving averages (EMAs), simple moving averages (SMAs), safe dips, safe pump, BTC 1-hour not downtrend, and others.
The strategy merges the informative timeframe data with the normal timeframe data, as well as resamples the data to another timeframe if specified.
Populating Buy Trend:
The strategy defines conditions for buy signals based on various parameters and indicators.
It iterates over different buy protection parameters and checks if the specified buy conditions are enabled. The buy conditions include EMA crossovers, close price above EMAs, rising SMAs, safe dips, safe pump, RSI, MFI, CTI, and others. The buy signals are determined based on logical combinations of these conditions for different indexes. Each index corresponds to a specific set of conditions and indicators. Overall, the NostalgiaForInfinityNext strategy aims to identify favorable buying opportunities in the cryptocurrency market by analyzing multiple indicators and applying specific buy conditions.