The BBRSINaiveStrategy is a trading strategy that uses a combination of Bollinger Bands and RSI (Relative Strength Index) indicators to generate buy and sell signals. Here is a brief description of how the strategy works:
The strategy calculates the RSI indicator using the price data. It also calculates the Bollinger Bands, which consist of three lines: the upper band, the middle band, and the lower band.
The buy signal is generated when the RSI value is greater than 25 and the price is below the lower Bollinger Band.
The sell signal is generated when the RSI value is greater than 70 and the price is above the middle Bollinger Band.
The strategy uses a 15-minute timeframe for analyzing the price data. It requires at least 30 candles (or 30 periods of data) before producing valid signals. The minimal ROI (Return on Investment) for the strategy is set to 0.08, and the stoploss is set to -0.3 (30% loss). The strategy supports limit orders for buying and selling, and uses "gtc" (good 'til canceled) as the time in force for orders. The strategy also provides a visual representation of the Bollinger Bands and the RSI indicator on the chart, with the upper band displayed in green, the middle band in orange, the lower band in red, and the RSI in yellow. Please note that this description is a summary of the strategy's main components and functionality. For more detailed information, you may refer to the code and comments provided.