The Strategy005 trading strategy is a trend-following strategy designed to generate buy and sell signals based on various technical indicators. Here is a brief description of what the strategy does:
Indicators:
MACD (Moving Average Convergence Divergence)
Minus Directional Indicator (MINUS_DI)
RSI (Relative Strength Index)
Fisher RSI (Inverse Fisher transform on RSI)
Stochastic Fast (STOCHF)
SAR Parabolic (SAR)
SMA (Simple Moving Average)
Buy Signal:
The strategy generates a buy signal when the following conditions are met:
The closing price is greater than 0.00000200
The volume is greater than the average volume multiplied by 4
The closing price is below the Simple Moving Average (SMA)
The fastd value of Stochastic Fast is greater than the fastk value
The RSI value is greater than 0
The fastd value of Stochastic Fast is greater than 0
The Fisher RSI normalized value is less than 38.9
Sell Signal:
The strategy generates a sell signal when either of the following conditions is met:
The RSI value crosses above 50
The MACD value is below 0 and the Minus Directional Indicator (MINUS_DI) is above 0
OR
The SAR Parabolic value is above the closing price and the Fisher RSI value is greater than 0.3
By backtesting this strategy on historical data, you can evaluate its performance and determine its profitability in different market conditions.