The "StarRise" strategy is a backtesting trading strategy that uses various technical indicators to make buying and selling decisions. Here is a short description of what the strategy does:
The strategy first populates the indicators based on the provided dataframe, including RSI (Relative Strength Index) with different time periods, Bollinger Bands, close price delta, top percent changes, simple moving averages (SMA), Commodity Channel Index (CTI), Average Directional Index (ADX), Williams %R, MESA Adaptive Moving Average (MAMA), and a custom indicator called CRSI (Composite Relative Strength Index). It retrieves informative data from a different timeframe (1 hour) and populates additional indicators for the informative data.
The informative data is merged with the original dataframe.
The "populate_buy_trend" function identifies potential buying opportunities based on several conditions.
These conditions include checks on price changes, MAMA and FAMA values, relative strength index values, CTI, ADX, and rolling maximum price. The "populate_sell_trend" function identifies potential selling opportunities based on conditions related to the upper Bollinger Band and RSI. The "StarRise_dca" class extends the "StarRise" strategy, possibly adding additional functionality related to dollar-cost averaging. Overall, the strategy aims to identify buy signals when certain technical conditions are met and sell signals when price reaches the upper Bollinger Band and RSI is high. The inclusion of multiple indicators and conditions suggests a more complex and comprehensive trading approach.