Energy Advanced Policy Strategy

This trading strategy emphasizes both technical trading as well as sentiment trading. Using news and government policy decisions, it can determine either positive or negative sentiment in the energy sector.

How the Strategy Works
This strategy has two main parts that work together to find good trades:

1. The "Policy & Sentiment Engine"

Policy Event Detection: The script spots potential big news or policy changes by looking for big, sudden price moves and huge trading volume. You can play with the Policy Event Volume Threshold and Policy Event Price Threshold (%) settings to make it more or less sensitive.

Sentiment Score: When the script finds a positive or negative event, it adds to a sentiment score. This score isn't forever, though; it fades over time, so the newest events matter the most.

Manual Override: The Manual News Sentiment setting lets you tell the script exactly what the market's mood is for a set time, which is perfect for when you already know about a big upcoming announcement.

The strategy only looks for a trade if the overall feeling is bullish enough. This makes sure you're trading with the big, fundamental forces of the market, not against them.

2. Technical Confirmation & Precision

After the policy and sentiment part gives a green light, the strategy uses a variety of technical indicators to confirm the trend and ideal entry positions.

Long-Term Trend: The script makes sure the market is in a strong uptrend by checking if the fast and medium-speed moving averages are going up, and if the price is above a long-term moving average.

Momentum: The MACD is used to make sure the price's upward momentum is getting stronger, not weaker.

Oscillator: It also uses the RSI to check if the market has gone up too much, too fast, which could mean it's about to turn around.

How to Use the Script

You can customize this strategy to fit your trading style and how much risk you're comfortable with. The inputs are grouped into logical sections for easy adjustment.

News & Policy Analysis: You can play with the Policy Event thresholds to make the script more or less sensitive to market shocks. And you can always use the Manual News Sentiment to take over when you're watching a specific news event.

Technical Analysis: Feel free to change the settings for things like the moving averages, RSI, and MACD to match what you like to trade and on what timeframe.