Not Enough Data to display!
Average Overall
| Not Enough Data! / Avg statistics not populated yet. |
|---|
The "TrendFollowingStrategy" is a trading strategy that aims to capitalize on trends in the market. It uses various indicators and signals to identify potential buying and selling opportunities. Here's a breakdown of what the strategy does:
Calculates On-Balance Volume (OBV) as an indicator of buying and selling pressure.
Calculates the trend by applying an exponential moving average (EMA) with a period of 20 to the closing prices.
Generates entry signals for long positions based on the following conditions: The current closing price is higher than the trend.
The previous closing price is lower than or equal to the previous trend. The current OBV is higher than the previous OBV. Generates entry signals for short positions based on the following conditions: The current closing price is lower than the trend. The previous closing price is higher than or equal to the previous trend. The current OBV is lower than the previous OBV. Generates exit signals for long positions based on the following conditions: The current closing price is lower than the trend. The previous closing price is higher than or equal to the previous trend. The current OBV is higher than the previous OBV. Generates exit signals for short positions based on the following conditions: The current closing price is higher than the trend. The previous closing price is lower than or equal to the previous trend. The current OBV is lower than the previous OBV. Additionally, the strategy incorporates the following parameters: ROI table: Specifies the desired return on investment (ROI) at different time intervals. Stoploss: Defines the maximum tolerated loss for a trade. Trailing stop: Enables the use of a trailing stop mechanism to secure profits. Trailing stop positive: Sets the percentage distance for the trailing stop. Trailing stop positive offset: Defines an offset for the trailing stop. Trailing only offset is reached: Determines whether the trailing stop is only activated when the offset is reached. Timeframe: Specifies the timeframe for the strategy's calculations (e.g., 5 minutes). Overall, the TrendFollowingStrategy identifies trends using the EMA and OBV indicators and generates entry and exit signals based on the defined conditions. The strategy aims to capture profits by following the direction of the trend and managing risk through stoploss and trailing stop mechanisms.
Calculates the trend by applying an exponential moving average (EMA) with a period of 20 to the closing prices.
Generates entry signals for long positions based on the following conditions: The current closing price is higher than the trend.
The previous closing price is lower than or equal to the previous trend. The current OBV is higher than the previous OBV. Generates entry signals for short positions based on the following conditions: The current closing price is lower than the trend. The previous closing price is higher than or equal to the previous trend. The current OBV is lower than the previous OBV. Generates exit signals for long positions based on the following conditions: The current closing price is lower than the trend. The previous closing price is higher than or equal to the previous trend. The current OBV is higher than the previous OBV. Generates exit signals for short positions based on the following conditions: The current closing price is higher than the trend. The previous closing price is lower than or equal to the previous trend. The current OBV is lower than the previous OBV. Additionally, the strategy incorporates the following parameters: ROI table: Specifies the desired return on investment (ROI) at different time intervals. Stoploss: Defines the maximum tolerated loss for a trade. Trailing stop: Enables the use of a trailing stop mechanism to secure profits. Trailing stop positive: Sets the percentage distance for the trailing stop. Trailing stop positive offset: Defines an offset for the trailing stop. Trailing only offset is reached: Determines whether the trailing stop is only activated when the offset is reached. Timeframe: Specifies the timeframe for the strategy's calculations (e.g., 5 minutes). Overall, the TrendFollowingStrategy identifies trends using the EMA and OBV indicators and generates entry and exit signals based on the defined conditions. The strategy aims to capture profits by following the direction of the trend and managing risk through stoploss and trailing stop mechanisms.
startup_candle_count : 50 obv: -98.889% trend: -0.004%
stoploss: -0.265 timeframe: 5m hash(sha256): 9217b087daaf1e0dd5693b21f21d556f525d876ab0f67ebb0ea1307abc6e98b3 indicators: trend close obv volume
No similar strategies found. (based on used indicators)
last change: 2023-07-01 17:50:54