The NostalgiaForInfinityNext strategy is a trading strategy that involves backtesting and evaluating various indicators to make buy decisions in the cryptocurrency market. Here's a breakdown of what the strategy does:
Indicator Population:
The strategy populates indicators for the BTC (Bitcoin) pair on different timeframes, such as 5 minutes (5m) and 1 hour (1h). It merges the informative (BTC) data with the strategy's timeframe data, ensuring relevant information is available.
Additionally, it resamples the data to another specified timeframe if applicable.
The strategy calculates various indicators based on the normal timeframe (5m).
Buy Trend:
The strategy defines conditions, buy protection parameters, and buy logic parameters for making buy decisions. Buy protection parameters include conditions related to exponential moving averages (EMA), simple moving averages (SMA), and other indicators. Buy logic parameters involve calculations and comparisons using indicators like RSI (Relative Strength Index), MFI (Money Flow Index), and Bollinger Bands. Overall, the strategy aims to evaluate specific market conditions and indicators to determine optimal points for buying cryptocurrency assets.