The NotAnotherSMAOffsetStrategy_uzi3 trading strategy is a backtesting strategy that utilizes various indicators and parameters to generate buy and sell signals for trading. Here is a short description of what the strategy does:
The strategy begins by populating indicators such as moving averages (MA), exponential moving averages (EMA), hull moving averages (HMA), Bollinger Bands (BB), and other technical indicators like the Elder's Force Index (EWO) and the Relative Strength Index (RSI). In the populate_buy_trend method, the strategy identifies buy opportunities based on specific conditions.
These conditions include factors such as the RSI values, the close price compared to the moving averages, the EWO values, and the volume.
There are multiple buy conditions defined, each with different parameters and indicators.
In the populate_sell_trend method, the strategy identifies sell opportunities based on conditions involving the close price, the moving averages, the RSI values, and the volume. Similar to the buy conditions, there are multiple sell conditions defined. The strategy uses these buy and sell signals to determine when to enter and exit trades during backtesting. Please note that this is a brief overview of the strategy, and there may be additional complexities or considerations involved in its implementation.