The NostalgiaForInfinityV7_SMAv2_1 strategy is a trading strategy implemented in a backtesting website. Here is a short description of what the strategy does:
The strategy begins by populating indicators using the input dataframe and metadata. It merges informative indicators from a 1-hour timeframe into the current timeframe, ensuring forward-filling of missing values.
It then computes additional indicators for the current timeframe.
The strategy proceeds to define conditions for initiating a buy trade.
The buy conditions include various criteria such as RSI values, uptrend in the 1-hour timeframe, close price crossing below the lower moving average, volume being greater than zero, and specific relationships between open prices, low prices, and fast exponential moving averages. There are multiple sets of conditions (buy_01, buy_02, buy_03) with different combinations of protections and logic. Each set of conditions is evaluated using logical AND operations to generate a trigger for initiating a buy trade. The strategy allows for optional protections based on exponential moving averages (EMA), close price relationships with EMAs, rising moving averages, safe dips, safe pump periods, and various parameters. The buy triggers from different condition sets can be enabled or disabled based on user preferences. Overall, the strategy aims to identify favorable conditions for entering buy trades based on a combination of technical indicators and price relationships.