The NostalgiaForInfinityNextGen strategy is a trading strategy that involves backtesting various indicators and conditions to determine buy signals for trading. Here is a breakdown of what the strategy does:
populate_indicators: This function populates the indicators used in the strategy. It fetches and merges different informative timeframes, such as daily, hourly, and base timeframe (5 minutes).
It also resamples the data to another timeframe if specified.
The indicators are calculated for each timeframe and merged with the main dataframe.
populate_buy_trend: This function determines the buy signals based on specific conditions. It iterates over the defined buy protection parameters and checks various conditions such as exponential moving averages (EMA), simple moving averages (SMA), close prices above EMAs, rising SMAs, safe dips thresholds, and safe pump thresholds. If the conditions are met, a buy tag is assigned to the corresponding data point. The strategy utilizes a combination of indicators and conditions to identify potential buying opportunities in the market. By backtesting this strategy on historical data, you can evaluate its effectiveness and make informed decisions for actual trading.