The "Schism" strategy is a trading strategy implemented in Python using the Freqtrade library. Here is a brief description of what the strategy does:
Timeframe: The strategy operates on a 5-minute timeframe for trading and uses 1-hour timeframe for obtaining informative data. ROI (Return on Investment): The strategy defines a minimal ROI (return on investment) table that determines the profit percentage at different trade durations.
It starts with a 5% ROI for trades executed immediately and decreases gradually to 0% for trades held for 24 hours.
Additionally, there is an option for a dynamic ROI calculation based on either linear, exponential, or connected decay.
Informative Pairs: The strategy can use informative pairs, which are additional trading pairs that provide supplementary data for decision-making. Indicators: The strategy supports custom indicator calculations, but in this implementation, no specific indicators are populated. Buy Trigger Signals: The strategy determines the conditions for initiating a buy signal based on the available data. However, in this implementation, no specific buy trigger signals are populated. Sell Trigger Signals: The strategy determines the conditions for initiating a sell signal based on the available data. However, in this implementation, no specific sell trigger signals are populated. ROI Table Override: The strategy overrides the default functionality of the Freqtrade ROI table. It allows for a dynamic ROI calculation based on the trade duration and the specified decay type (linear, exponential, or connected). Overall, the "Schism" strategy sets ROI targets for different trade durations and provides flexibility in ROI calculations. It can be customized further by adding indicators, buy triggers, and sell triggers based on specific trading criteria.