The RalliV1 strategy is a trading strategy that uses various technical indicators to generate buy and sell signals. Here is a brief description of how the strategy works:
Indicators Calculation:
Moving Averages: Calculates exponential moving averages (EMA) for different time periods. Hull Moving Averages: Calculates hull moving averages (HMA) for specific windows.
EMA, SMA, and RSI: Calculates exponential moving averages, simple moving averages (SMA), and relative strength index (RSI) for specific time periods.
EWO: Calculates the EWO (Elliott Wave Oscillator) indicator.
Buy Trend:
The strategy generates buy signals based on multiple conditions:
The EMA of a specific time period is below the EMA with a time period of 100. The SMA with a time period of 9 is below the EMA of a specific time period. The RSI with a time period of 4 is between 4 and 35. The closing price is below a certain percentage of the specific EMA multiplied by a low offset value. The EWO indicator is above a certain high value. The RSI is below a specific value. The volume is greater than zero. The closing price is below a certain percentage of the specific EMA multiplied by a high offset value. Sell Trend:
The strategy generates sell signals based on multiple conditions:
The HMA with a window of 50 is greater than the EMA with a time period of 100, and the closing price is above the SMA with a time period of 9. The closing price is above a certain percentage of the specific EMA multiplied by a high offset value, and the volume is greater than zero, and the RSI fast is greater than the RSI slow. The closing price is below the EMA with a time period of 100, and the closing price is above a certain percentage of the specific EMA multiplied by a high offset value, and the volume is greater than zero, and the RSI fast is greater than the RSI slow. The strategy uses these conditions to determine when to enter a buy or sell position.