The SMAOffsetProtectOptV0 strategy is a trading strategy that uses simple moving averages (SMA), exponential moving averages (EMA), the Elder's Force Index (EWO), and the relative strength index (RSI) to determine buy and sell signals. Here's a breakdown of what the strategy does:
In the populate_indicators method, the strategy calculates the EMA for different time periods (ma_buy_{val} and ma_sell_{val}) and adds them as columns to the dataframe. It also calculates the EWO and RSI indicators and adds them as columns.
In the populate_buy_trend method, the strategy defines conditions for buying:
a.
The closing price is below the SMA multiplied by a low offset value.
b. The EWO is above a high threshold value. c. The RSI is below a specific buy threshold value. d. The volume is greater than zero. If any of these conditions are met, the strategy marks the corresponding row as a buy signal by setting the 'buy' column to 1. In the populate_sell_trend method, the strategy defines conditions for selling:
a. The closing price is above the SMA multiplied by a high offset value. b. The volume is greater than zero. If these conditions are met, the strategy marks the corresponding row as a sell signal by setting the 'sell' column to 1. The strategy uses a combination of moving averages, EWO, and RSI to identify potential buying opportunities and a simple condition based on the closing price and volume to identify selling opportunities.