The BBRSIOptimizedStrategy is a trading strategy that uses a combination of indicators to generate buy and sell signals. The strategy is designed to be backtested on trading data. Here's a breakdown of the strategy:
Indicators:
Relative Strength Index (RSI): The strategy calculates the RSI indicator based on the price data.
Moving Average Convergence Divergence (MACD): The strategy calculates the MACD line, signal line, and histogram based on the price data.
Bollinger Bands: The strategy calculates the upper band, middle band, and lower band of the Bollinger Bands indicator based on the typical price data.
Buy Signals:
The strategy generates a buy signal when the following conditions are met:
The MACD line is above the signal line. The RSI value is below 28. The closing price is below the lower Bollinger Band. Sell Signals:
The strategy generates a sell signal when the following conditions are met:
The MACD line is below the signal line. The RSI value is above 75. The closing price is above the middle Bollinger Band. Other Parameters:
Minimal ROI: The strategy defines a minimal return on investment (ROI) for the trades. Stoploss: The strategy defines a stop-loss level for the trades. Trailing Stoploss: The strategy does not use trailing stop-loss. Ticker Interval: The strategy is designed to work with 15-minute intervals. Candle Count: The strategy requires at least 30 candles before generating valid signals. Order Time in Force: The strategy uses "good till canceled" (gtc) as the order time in force. The strategy aims to maximize profits by buying when the price is expected to increase based on the indicators and selling when the price is expected to decrease. However, please note that the effectiveness of the strategy may vary depending on market conditions and other factors.