Strategy: bb_rsi_830
Downloaded: 20220116
Stoploss: -0.05

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The bb_rsi strategy is a backtesting strategy that combines Bollinger Bands and the Relative Strength Index (RSI) indicators to generate buy and sell signals. Here's a breakdown of what the strategy does: populate_indicators: This function adds several technical analysis (TA) indicators to the given DataFrame, including the RSI and Bollinger Bands. It calculates the RSI using the ta.RSI function and the Bollinger Bands using the qtpylib.bollinger_bands function.

The resulting indicators are stored in new columns in the DataFrame: 'rsi', 'bb_lowerband', 'bb_middleband', and 'bb_upperband'.

This function is used to populate the necessary indicators for the strategy.

populate_buy_trend: This function generates the buy signal based on the TA indicators. It sets the 'buy' column to 1 in the DataFrame where the following conditions are met: The RSI is greater than 30. The closing price is lower than the lower Bollinger Band ('bb_lowerband'). This indicates a potential buying opportunity. populate_sell_trend: This function generates the sell signal based on the TA indicators. It sets the 'sell' column to 1 in the DataFrame where the following condition is met: The closing price is higher than the middle Bollinger Band ('bb_middleband'). This indicates a potential selling opportunity. Overall, the bb_rsi strategy combines the RSI indicator and Bollinger Bands to identify potential buy and sell signals. It suggests buying when the RSI is above 30 and the price is below the lower Bollinger Band, and selling when the price rises above the middle Bollinger Band.

startup_candle_count : 20
bb_lowerband: -0.021%
bb_middleband: -0.132%
bb_upperband: -0.243%
stoploss: -0.05
timeframe: 5m
hash(sha256): b2509b96af863da5c6f964ec375f183466a657bba7f937ae0a94060858f1e9f8
upper mid lower bb_middleband rsi
close bb_upperband bb_lowerband

No similar strategies found. (based on used indicators)

last change: 2023-08-25 12:40:43