The Super3 strategy is a trading strategy that involves the use of several technical indicators to generate buy and sell signals. Here is a short description of what the strategy does:
It populates the following indicators in the given dataframe:
ADX (Average Directional Index)
Fuerza (a constant value of 23)
EMA200 (Exponential Moving Average with a time period of 200)
Supertrend indicators (ST_long, ST_short, ST_long2, ST_short2, ST_long3, ST_short3) with different parameters
It calculates Bollinger Bands using the typical price of the dataframe, with a window of 20 and standard deviations of 1.5. It populates the lower band, middle band, upper band, percent deviation from the lower band, and band width in the dataframe.
In the "populate_buy_trend" function, it identifies buy signals when the following conditions are met:
ST_long, ST_long2, and ST_long3 are all below the close price
Volume is greater than 0
In the "populate_sell_trend" function, it identifies sell signals when the following conditions are met:
ST_short, ST_short2, and ST_short3 are all above the close price
Close price is greater than or equal to the middle Bollinger Band
Volume is greater than 0
The strategy combines multiple indicators and conditions to generate buy and sell signals based on price movements and volume.