The MoniGoManiBTCHyperStrategy is a trading strategy that utilizes various technical indicators to generate buy signals for cryptocurrency trading. The strategy first populates the given DataFrame with several technical indicators such as ADX (Average Directional Index), RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), SMAs (Simple Moving Averages), EMAs (Exponential Moving Averages), Bollinger Bands, and VWAP (Volume-Weighted Average Price). After populating the indicators, the strategy determines the trend based on the ADX indicator.
If the ADX is greater than 20 and the plus DI (Directional Indicator) is less than the minus DI, the trend is considered downwards.
If the ADX is below 20, the trend is considered sideways.
If the ADX is greater than 20 and the plus DI is greater than the minus DI, the trend is considered upwards. The strategy then assigns weighted buy signals based on the trend and the values of the indicators. Different weights are assigned for each signal depending on the trend. For example, if the trend is downwards and the RSI crosses above 30, a weighted buy signal is assigned based on the specified weight for the downwards trend and RSI indicator. The total buy signal strength is calculated by summing up the weighted buy signals from different indicators. The strategy aims to generate stronger buy signals when multiple indicators align with the trend. Overall, the MoniGoManiBTCHyperStrategy is a backtesting strategy that combines various technical indicators to generate buy signals based on the trend and indicator values, with the goal of identifying favorable trading opportunities in the cryptocurrency market.