The SuperTrendPure strategy is a trading strategy implemented in Python. Here is a short description of what the strategy does:
It uses the Supertrend indicator, which is adapted for the Freqtrade library. The strategy defines the ROI (Return on Investment) table, which determines the target returns at different time periods.
It sets a stoploss level to limit potential losses in a trade.
The strategy includes a trailing stop feature, which adjusts the stoploss level as the trade becomes profitable.
The timeframe for analyzing the price data is set to 1 hour. The strategy populates indicators by calculating the Supertrend values based on the input parameters of multiplier and period. It determines buy signals when the price crosses above the Supertrend line and the volume is greater than zero. It determines sell signals when the price crosses below the Supertrend line and the volume is greater than zero. Overall, the SuperTrendPure strategy aims to generate buy and sell signals based on the Supertrend indicator, with the goal of achieving positive returns by capturing trends in the market.