The "degen" strategy is a backtesting strategy for trading. Here is a short description of what the strategy does:
Timeframe: 1 minute
Can short: Yes
Indicators:
Pivot Points (R1)
Stochastic Fast (fastd and fastk)
Entry conditions:
Short entry:
Close price is below 31,000 and above 29,600
Stochastic Fast (fastd and fastk) values are above 80
Volume is greater than 0
Long entry:
Close price is above 28,000 and below 29,600
Stochastic Fast (fastd and fastk) values are below 20
Volume is greater than 0
Exit conditions:
Exit long position when volume is 0
Risk management:
Stoploss: -0.338 (real value to be optimized)
Trailing stop: False
Trailing stop positive: 0.02
Trailing stop positive offset: 0.03
Trailing only offset is reached: False
Profit targets:
Minimal ROI (Return on Investment):
0% ROI at 0 candles
26.4% ROI at 88 candles
No ROI at 163 candles
Additional features:
Process only new candles: True
Use exit signal: True
Exit profit only: False
Ignore ROI if entry signal: False
Startup candle count: 50
Order types:
Entry: Market order
Exit: Market order
Stoploss: Market order
Stoploss on exchange: False
Order time in force:
Entry: Good 'til canceled (gtc)
Exit: Good 'til canceled (gtc)
Protections:
Cooldown period: 1 candle
Leverage and stake amount:
Leverage and custom stake amount are not defined in the provided code. Please note that some values, such as stoploss and ROI, are placeholders and need to be optimized during the backtesting process.