The NostalgiaForInfinityNextGen strategy is a trading strategy that involves populating indicators and determining buy trends based on various conditions. Here is a breakdown of what the strategy does:
Populating Indicators: The strategy starts by populating indicators using different timeframes and informative pairs. It retrieves BTC (Bitcoin) information in different timeframes (5 minutes, 1 hour, and 1 day) and merges it with the current dataframe.
The strategy also resamples the data to a specified timeframe if required.
It calculates various indicators such as moving averages (EMA, SMA), volume, and price changes.
Informative Timeframe: If specified, the strategy populates indicators for informative timeframes such as 1 day and 1 hour. These indicators provide additional context for decision-making. Resampled Timeframe: If specified, the strategy resamples the data to a different timeframe. It calculates indicators specific to the resampled timeframe and merges them with the existing dataframe. Indicators for Normal Timeframe: The strategy calculates additional indicators for the normal timeframe (5 minutes). These indicators provide insights into market conditions and trends. Populating Buy Trends: After populating indicators, the strategy proceeds to determine buy trends. It applies various conditions based on the configured parameters. These conditions include checks on moving averages (EMA, SMA), closing price compared to moving averages, rising trends of moving averages, safe dips thresholds, and safe pump thresholds. Buy Tags: For each buy trend, the strategy assigns a buy tag to the corresponding data point in the dataframe. The strategy aims to backtest and evaluate different trading strategies by simulating trades based on the calculated indicators and buy trends.