The SuperHV27 trading strategy is a backtesting strategy that makes use of various technical indicators to identify potential buying and selling opportunities in the market. Here's a breakdown of its main components:
Indicators: The strategy calculates several indicators, including RSI (Relative Strength Index), EMA (Exponential Moving Average), ADX (Average Directional Index), MINUS_DI, PLUS_DI, and various moving averages (lowsma, highsma, fastsma, slowsma). Trend Analysis: The strategy analyzes the trends based on the calculated moving averages.
It checks for conditions such as the fast moving average being greater than the slow moving average and a certain price difference threshold.
RMI (Relative Momentum Index): The strategy calculates the RMI indicator using different lengths and momentum values.
It determines the upward and downward trends based on the RMI values and their rolling sums. Buy Conditions: The strategy defines several conditions to trigger a buy signal. These conditions include checking the trend, profit factor, RMI upward trend, and various combinations of indicators such as ADX, EMA, RSI, and price movements. Sell Conditions: The strategy defines conditions for triggering a sell signal. These conditions involve checking trend confirmation, price movements, ADX, EMA, and RMI values. It also considers factors like current profit, loss cutoff, and other trades. Dynamic ROI (Return on Investment): The strategy incorporates a dynamic ROI calculation, which adjusts the minimum ROI based on trade duration. It supports linear, exponential, and connected ROI types. Overall, the SuperHV27 strategy aims to identify potential buying and selling opportunities by analyzing various technical indicators and trend patterns in the market. It incorporates conditions for both buying and selling decisions, taking into account factors such as trend confirmation, profit/loss thresholds, and trade duration for ROI calculations.