The SuperBB strategy is a backtesting strategy that combines multiple indicators to generate buy and sell signals for trading. Here is a short description of what the strategy does:
Indicators:
RSI (Relative Strength Index): Calculates the RSI value for the given data. Bollinger Bands: Calculates the upper, middle, and lower bands of the Bollinger Bands indicator.
SuperTrend: Calculates the SuperTrend values for both long and short positions.
Populating Indicators:
Adds the RSI values to the dataframe.
Sets fixed values for overbought and oversold levels. Calculates the SuperTrend values for both long and short positions. Calculates the Bollinger Bands values (lower band, middle band, upper band) and the percentage deviation from the bands. Populating Buy Trend:
Identifies buy signals based on the following conditions:
The SuperTrend long value is below the closing price. The volume is greater than 0. Populating Sell Trend:
Identifies sell signals based on the following conditions:
The closing price is above or equal to the Bollinger Bands middle band. The SuperTrend short value is above the closing price. The volume is greater than 0. The strategy combines the SuperTrend, RSI, and Bollinger Bands indicators to generate buy and sell signals. The buy signals are triggered when the SuperTrend long value is below the closing price, and the sell signals are triggered when the closing price is above or equal to the Bollinger Bands middle band and the SuperTrend short value is above the closing price.