The strategy implemented in this code is called "Combined_Indicators." It combines elements from two different strategies, namely "BinHV45" and "ClucMay72018." Here is a breakdown of what the strategy does:
Indicators:
Bollinger Bands: Calculates the Bollinger Bands using a rolling window of 40 and a standard deviation of 2. It generates the lower band value. Additional Indicators: Computes various additional indicators such as 'bbdelta' (absolute difference between mid and lower Bollinger Bands), 'closedelta' (absolute difference between current and previous close prices), and 'tail' (absolute difference between close and low prices).
Buy Signal:
BinHV45 Strategy Conditions:
The previous lower band value is greater than zero.
'bbdelta' is greater than the product of the close price and 0.00703.
'closedelta' is greater than the product of the close price and 0.01476. 'tail' is less than the product of 'bbdelta' and 0.03632. The current close price is lower than the previous lower band value. The current close price is less than or equal to the previous close price. ClucMay72018 Strategy Conditions:
The current close price is below the exponential moving average (EMA) with a time period of 50. The current close price is below 0.98863 times the lower Bollinger Band value. The current volume is less than 34 times the previous 30-period volume moving average. Sell Signal:
The current close price is higher than the middle Bollinger Band value. Additional Strategy Parameters:
Minimal ROI (Return on Investment): The minimum desired return is 0.015. Stoploss: The stop loss value is set at -0.0658. Trailing Stop: Enables trailing stop functionality. Trailing Stop Positive: The trailing stop positive value is 0.0198. Trailing Stop Positive Offset: The trailing stop positive offset is 0.03082. Trailing Only Offset Is Reached: Trailing stop will only be activated when the offset is reached. Note: This description provides a summary of the strategy's key components and conditions, but further analysis and understanding of the specific indicators and parameters used may be required for a complete understanding of the strategy's behavior.