The NotAnotherSMAOffsetStrategy_uzi3 strategy is a trading strategy that involves the use of various indicators and parameters to generate buy and sell signals for backtesting purposes. Here is a brief description of what the strategy does:
In the populate_indicators method:
Calculates and populates various indicators such as moving averages (MA), Hull Moving Average (HMA), Exponential Moving Average (EMA), Elliott Wave Oscillator (EWO), Relative Strength Index (RSI), Bollinger Bands (BB), etc. In the populate_buy_trend method:
Defines conditions for generating buy signals based on different criteria, including RSI, close price, MA values, EWO, and volume.
Sets specific tags for each buy signal based on the conditions met.
In the populate_sell_trend method:
Defines conditions for generating sell signals based on criteria such as close price, MA values, RSI, and volume.
Determines the sell signals based on the conditions met. The strategy utilizes different parameters such as offset values, candle periods, and thresholds for optimizing the buy and sell signals. By backtesting this strategy on historical market data, you can evaluate its performance and assess its effectiveness in generating profitable trades.