The SMAOffsetProtectOpt strategy is a trading strategy that uses several indicators to generate buy and sell signals. Here's a short description of what the strategy does:
In the populate_indicators function, the strategy calculates the Exponential Moving Average (EMA) for different time periods and assigns them to the dataframe columns. It also calculates the EWO (Elliott Wave Oscillator) and the RSI (Relative Strength Index) and adds them to the dataframe.
In the populate_buy_trend function, the strategy defines conditions for buying.
It checks if the closing price is below a moving average offset by a certain percentage (low_offset).
It also checks if the EWO is above a specified threshold (ewo_high), the RSI is below a certain value (rsi_buy), and the volume is greater than 0. If these conditions are met, the strategy sets the 'buy' signal to 1. The populate_sell_trend function defines conditions for selling. It checks if the closing price has crossed below a moving average offset by a certain percentage (high_offset), and the volume is greater than 0. If these conditions are met, the strategy sets the 'sell' signal to 1. Overall, the strategy uses moving averages, EWO, RSI, and volume to determine when to buy and sell in the market.