The Nostalgia strategy is a trading strategy that involves backtesting various indicators and conditions to make buying decisions in the cryptocurrency market. Here is a breakdown of its key components:
Indicator Population:
The strategy populates indicators for different timeframes, including BTC base timeframe (5 minutes or 1 hour), BTC informative timeframe, informative 1-hour timeframe, and a resampled timeframe (if specified). Indicators are calculated and merged with the main dataframe for analysis.
Buy Trend Population:
The strategy defines conditions and buy protection rules for making buying decisions.
Buy protection rules include checks for exponential moving averages (EMA), close price above EMA, simple moving average (SMA), safe dips, safe pump, and BTC not in a downtrend.
Multiple buy conditions are enabled and evaluated using logical operations (AND). Each buy condition consists of specific indicators and thresholds such as RSI (Relative Strength Index), MFI (Money Flow Index), and Bollinger Bands. The strategy aims to generate buy signals based on the calculated indicators and specified conditions. It leverages a combination of technical analysis indicators to identify potential buying opportunities in the cryptocurrency market.