The SuperMacd strategy is a trading strategy that combines the MACD (Moving Average Convergence Divergence) indicator with the Supertrend indicator. Here's a breakdown of what the strategy does:
In the populate_indicators method, it calculates the MACD values using the specified fast, slow, and signal periods. The MACD line and the MACD signal line are then added to the dataframe.
In the populate_buy_trend method, it calculates the Supertrend values for three different periods and thresholds.
These Supertrend values determine the trend direction.
If all three Supertrend indicators are in an "up" state and the trading volume is greater than zero, a "buy" signal is generated. In the populate_sell_trend method, it checks for a crossover condition where the MACD line crosses below the MACD signal line. If this condition is met, a "sell" signal is generated. The Supertrend indicator used in this strategy calculates the upper and lower bands based on the average true range (ATR) and a multiplier. It then determines the Supertrend values based on the price movements relative to these bands. The Supertrend values are labeled as "ST" and "STX" in the dataframe. Overall, this strategy combines the MACD indicator for identifying trend reversals and the Supertrend indicator for confirming trend directions. It generates "buy" signals when all three Supertrend indicators are positive and there is sufficient trading volume, and "sell" signals when the MACD line crosses below the MACD signal line.