The Examplestrategy3 is a trading strategy that uses various technical analysis (TA) indicators to make buy and sell decisions. The strategy consists of three main functions: populate_indicators, populate_buy_trend, and populate_sell_trend. The populate_indicators function calculates and adds several TA indicators to the given DataFrame.
These indicators include:
MFI (Money Flow Index)
Stochastic Fast %K and %D
RSI (Relative Strength Index)
Fisher RSI
Bollinger Bands (lower band)
EMA (Exponential Moving Average) with different time periods (5, 10, 50, and 100)
SAR (Stop and Reverse)
SMA (Simple Moving Average) with a time period of 40
The populate_buy_trend function determines the buy signal based on the TA indicators and sets the 'buy' column in the DataFrame.
The conditions for a buy signal are:
RSI is below 28 and above 0
Close price is below the SMA
Fisher RSI is below -0.94
MFI is below 16.0
EMA50 is greater than EMA100 or there is a crossover of EMA5 and EMA10
Stochastic Fast %D is greater than %K and both are greater than 0
The populate_sell_trend function determines the sell signal based on the TA indicators and sets the 'sell' column in the DataFrame.
The condition for a sell signal is:
SAR is above the close price
Fisher RSI is above 0.3
Overall, this strategy aims to identify potential buying opportunities when specific TA conditions are met and to sell when certain criteria indicate a possible downturn.