The VWAPAlarm5M strategy is designed to backtest trading based on the Volume Weighted Average Price (VWAP) indicator. Here's a breakdown of what the strategy does:
It sets a minimal return on investment (ROI) target of 10%. The stop-loss is set at -0.99, indicating a very tight stop-loss.
The timeframe for the strategy is set to 5 minutes.
Only new candles are processed, ignoring historical data.
The strategy keeps track of whether an alarm has been emitted for each trading pair. It calculates the VWAP indicator for each candle in the dataframe. If the previous candle closed below the previous VWAP and the current candle closes above the VWAP, an alarm is triggered. The alarm is emitted only if the distance between the current price and the VWAP is within 0.2%. The alarm includes the trading pair, the distance to the VWAP, and a Binance trading link. An alarm sound is played using the "beepy" library. The alarm-emitted status is updated for each trading pair. The strategy includes a function to convert a trading pair to its symbol. The "populate_buy_trend" function marks the candles for buying. The "populate_sell_trend" function marks the candles for selling. Overall, the strategy identifies instances where the current candle closes above the VWAP after the previous candle closed below it. It triggers an alarm when the distance between the current price and the VWAP is within a certain percentage. The intention is to capture potential buying opportunities based on the VWAP indicator.
The timeframe for the strategy is set to 5 minutes.
Only new candles are processed, ignoring historical data.
The strategy keeps track of whether an alarm has been emitted for each trading pair. It calculates the VWAP indicator for each candle in the dataframe. If the previous candle closed below the previous VWAP and the current candle closes above the VWAP, an alarm is triggered. The alarm is emitted only if the distance between the current price and the VWAP is within 0.2%. The alarm includes the trading pair, the distance to the VWAP, and a Binance trading link. An alarm sound is played using the "beepy" library. The alarm-emitted status is updated for each trading pair. The strategy includes a function to convert a trading pair to its symbol. The "populate_buy_trend" function marks the candles for buying. The "populate_sell_trend" function marks the candles for selling. Overall, the strategy identifies instances where the current candle closes above the VWAP after the previous candle closed below it. It triggers an alarm when the distance between the current price and the VWAP is within a certain percentage. The intention is to capture potential buying opportunities based on the VWAP indicator.
Unable to parse Traceback (Logfile Exceeded Limit)
stoploss: -0.99 timeframe: 5m hash(sha256): 2021f366af8565e5bdbc08752ed0fd6a59db3a3345ad8f1c89dd9bf21bf9de64 indicators: last vwap
No similar strategies found. (based on used indicators)
last change: 2024-07-28 01:02:59