The RsiStrategy is a trading strategy that uses the Relative Strength Index (RSI) indicator to generate buy and sell signals. It is implemented as a subclass of the Freqtrade IStrategy class. Here are the important parts of the strategy:
The strategy is designed to be used with daily (1d) timeframe data and requires 25 candles of data before generating valid signals.
The strategy defines a minimal_roi (minimal return on investment) parameter, which specifies different target returns at different points in time.
For example, it aims for a 47.4% return at the start, then targets 24.1% at candle index 4817, 12.1% at candle index 7799, and 0% at candle index 29209.
The stoploss parameter is set to -22.6%, which means that if the trade goes against the strategy by more than 22.6%, it will be stopped out. The strategy does not use a trailing stop and considers both buy and sell signals. The RSI indicator is calculated using a time period of 14. The strategy defines the buy_rsi and sell_rsi parameters as 30 and 81, respectively. In the populate_buy_trend method, the strategy generates a buy signal when the RSI value is below the buy_rsi threshold. In the populate_sell_trend method, the strategy generates a sell signal when the RSI value is above the sell_rsi threshold. Overall, the RsiStrategy uses the RSI indicator to identify potential buying and selling opportunities based on specific threshold values.