The NFINextMultiOffsetAndHO strategy is a trading strategy that involves backtesting various indicators and conditions to determine buy signals. Here is a breakdown of its key components:
Indicator Population:
The strategy populates indicators for BTC (Bitcoin) on different timeframes (5 minutes and 1 hour) if available. It merges the BTC indicators with the main dataframe.
It also includes informative timeframes and resamples the data to another timeframe if specified.
Buy Signal Conditions:
The strategy defines a list of conditions and buy protection parameters.
It checks various conditions to generate buy signals based on the defined parameters. The conditions include comparisons between moving averages (EMA), closing prices, volume, relative strength index (RSI), money flow index (MFI), and Bollinger Bands. Buy signals are generated if the conditions are met. Overall, this strategy combines multiple indicators and conditions to identify potential buying opportunities based on the specified parameters.