The "tesla" strategy is a trading strategy that uses various technical indicators to make buy decisions in the backtesting process. Here is a brief description of what the strategy does:
Populating Indicators:
Bollinger Bands with two standard deviations (window=20) are calculated based on the typical price of the asset. Moving averages (SMA and EMA) with different time periods are computed.
Relative Strength Index (RSI) is calculated with various time periods.
Other indicators like Chande Trendscore (CTI), Hull Moving Average (HMA), Average Directional Index (ADX), etc., are also calculated.
Buy Trend Conditions:
The strategy defines several conditions to identify potential buying opportunities:
"is_pump_2": Checks if the price has increased significantly (compared to the previous 48 candles). "is_crash_4": Checks if the top percent change values (tpct) for different time periods are below certain thresholds. "is_cofi": Checks conditions related to the EMA and stochastic indicators. "is_gumbo": Checks various conditions involving Bollinger Bands, T3, Chande Trendscore (CTI), RSI, and top percent change values. "is_clucHA": Checks conditions related to the Heikin Ashi candlestick and Bollinger Bands. Buy Decision:
Once the conditions for a potential buy are met, the strategy assigns a "buy_tag" to the corresponding candle. This description provides an overview of the strategy's main components and their purpose. Keep in mind that a more detailed understanding of the strategy's logic may require additional information and context.