The NostalgiaForInfinityX2 strategy is a trading strategy implemented as a class in a backtesting website. Here is a short description of what the strategy does:
The strategy first populates informative indicators related to Bitcoin (BTC) on different timeframes, such as daily (1d), 4-hourly (4h), hourly (1h), 15-minute (15m), and 5-minute (5m). These indicators provide additional information about BTC's price, volume, and other metrics.
Next, the strategy populates indicators on informative timeframes other than BTC, using the metadata provided.
These indicators are merged with the base timeframe (5m) data.
The strategy then applies specific conditions to determine the entry trend. These conditions include checks on moving averages (sma), support and resistance levels, exponential moving averages (ema), relative strength index (rsi), and volume. If these conditions are met, the strategy marks the corresponding entry tag. For the exit trend, the strategy does not perform any specific calculations or checks. It initializes the exit_long and exit_short variables to zero. The time_in_force function is responsible for determining if a buy order can be executed based on the current rate, data from the last row of the analyzed dataframe, and slippage. If the slippage is within a certain threshold, the function returns True, indicating that the buy order can be executed. Lastly, there are two functions defined for checking conditions in a given row data. One function checks if the values in the row data are decreasing, while the other checks if the values are increasing. Overall, the NostalgiaForInfinityX2 strategy incorporates various indicators and conditions to determine entry points for trades, with the goal of maximizing profit potential.