Strategy004 is a trading strategy implemented in Python for backtesting purposes. The strategy aims to identify buy and sell signals based on various technical indicators. Here's a breakdown of how the strategy works:
Indicators:
ADX (Average Directional Index): Measures the strength of a trend.
CCI (Commodity Channel Index): Identifies overbought and oversold conditions.
Stoch (Stochastic Oscillator): Generates buy and sell signals based on momentum.
Slow Stoch: A slower version of Stochastic Oscillator. EMA (Exponential Moving Average): Smooths out price data to identify trends. Mean Volume: Calculates the average trading volume. Buy Signal Conditions:
ADX is greater than 50 or Slow ADX is greater than 26. CCI is less than -100. Previous Fast %K and %D values are less than 20. Previous Slow Fast %K and %D values are less than 30. Current Fast %K is greater than %D. Mean volume is greater than 0.75. Closing price is greater than 0.00000100. Sell Signal Conditions:
Slow ADX is less than 25. Either Fast %K or %D is greater than 70. Previous Fast %K is less than previous Fast %D. Closing price is greater than EMA5. The strategy uses these indicators and conditions to determine when to generate buy and sell signals. It sets the 'buy' column to 1 when the buy conditions are met and the 'sell' column to 1 when the sell conditions are met. This information can be utilized for further analysis and decision-making in a trading system.