The SMAOffsetOptV1 strategy is a trading strategy implemented in Python. It is designed to be used for backtesting on a trading platform. Here's a short description of what the strategy does:
The strategy uses two types of moving averages, Simple Moving Average (SMA) and Exponential Moving Average (EMA).
It has parameters for buying and selling, which can be optimized using hyperopt.
For buying, it uses a base number of candles (34 by default) and a low offset (0.9 by default) to calculate a moving average value.
If the current candle's close price crosses above this moving average and the volume is positive, a buy signal is generated. For selling, it uses a base number of candles (30 by default) and a high offset (1.012 by default) to calculate a moving average value. If the current candle's close price crosses below this moving average and the volume is positive, a sell signal is generated. The strategy includes a stoploss parameter (-0.5 by default) to limit losses. It has a predefined ROI (Return on Investment) table, indicating the desired profit percentages at different time intervals. The strategy supports a trailing stop feature, where the stop-loss level is adjusted as the price moves in a favorable direction. The optimal timeframe for the strategy is set to 5 minutes. It includes custom plot configurations to visualize the strategy's signals. Please note that this is a simplified summary of the strategy. The actual implementation and functionality may be more complex, considering the usage of various libraries, parameters, and technical indicators.