The strategy, named "NostalgiaForInfinityNext_ChangeToTower_V5_2," is designed to backtest trading strategies using various indicators and conditions. Here is a breakdown of what the strategy does:
Indicators Population:
BTC informative indicators are calculated for 5 minutes and 1 hour timeframes. The strategy merges the informative BTC indicators with the current timeframe indicators.
Informative timeframe indicators are calculated and merged with the current timeframe indicators.
The current timeframe can be resampled to another timeframe, and the resampled indicators are merged.
Finally, indicators specific to the normal (5 minutes) timeframe are calculated. Buy Trend:
The strategy defines multiple conditions for generating buy signals. The "buy_protection_params" determine the conditions to be considered for buy protection. Various indicators and parameters are used in the buy logic, such as moving averages (ema_fast, ema_slow), close price comparisons with moving averages, SMA200 rising trend, safe dips, safe pump, BTC 1-hour not in a downtrend, etc. Different buy logic is applied based on the "index" value. For index 1, additional conditions are checked, such as price increase, RSI thresholds, MFI, and CTI. For index 2, conditions include RSI and MFI thresholds, close price below Bollinger Bands, and volume. For index 3, conditions include close price above EMA, Bollinger Bands delta, closedelta, tail, and CTI. For index 4, conditions include close price below EMA, Bollinger Bands lower band, volume, and CTI. For index 5, conditions include close price above EMA and volume. The strategy focuses on calculating and merging indicators for different timeframes, and then applying specific buy conditions based on various indicators and parameters. This allows for backtesting and evaluating the performance of different trading strategies.