The "keltnerhopt" strategy is a backtesting strategy that uses the Keltner Channel and RSI indicators to generate buy and sell signals for trading. Here is a brief description of how the strategy works:
The strategy uses the Keltner Channel indicator to create upper and middle bands on the price chart. The Keltner Channel is calculated based on two parameters: "window" and "atrs".
The strategy iterates through different combinations of window and atrs values to generate multiple Keltner Channels.
The strategy also calculates the RSI (Relative Strength Index) indicator with a time period of 14.
In the populate_buy_trend method, the strategy sets certain conditions for a buy signal to be generated. The conditions include:
The price crosses above the upper band of a specific Keltner Channel. The RSI value is above a certain threshold (rsi_buy_hline). In the populate_sell_trend method, the strategy sets conditions for a sell signal to be generated. The condition is that the price crosses below the middle band of a specific Keltner Channel. The strategy uses the reduce function to combine multiple conditions using the logical AND operator. If the conditions are met, the strategy sets the 'buy' or 'sell' column of the dataframe to 1, indicating a buy or sell signal, respectively. The strategy sets the stoploss to a very low value (-100) and the minimal_roi to always return a fixed profit of 100 to prevent any premature sell signals. Overall, the strategy utilizes the Keltner Channel and RSI indicators to identify potential buy and sell signals based on price and RSI conditions.