The "Examplestrategy1" is a trading strategy that uses technical analysis indicators to generate buy and sell signals for cryptocurrencies. Here's a breakdown of what the strategy does:
It defines a set of minimal return on investment (ROI) targets for the strategy, indicating the desired profit percentages at different time intervals. It sets a stop-loss value, which represents the maximum acceptable loss before selling a position.
It specifies the ticker interval, which determines the timeframe for analyzing price data (e.g., 5 minutes).
It allows for a trailing stop-loss feature, where the stop-loss value adjusts as the price moves in a profitable direction.
It can choose to process indicators only for new candles, reducing unnecessary computation. It includes experimental settings that can be overridden in the configuration file, such as using a sell signal, considering only profits for selling, or ignoring ROI when a buy signal is present. It defines the order types for executing trades, specifying limit orders for buying and selling, and market orders for stop-loss. It provides a method to define additional informative pairs and intervals for caching data from the exchange, but these pairs are not directly tradable. It implements a function called "populate_indicators" that calculates various technical analysis indicators, such as exponential moving averages (EMA) with different time periods and Heikin Ashi candlestick data. It implements a function called "populate_buy_trend" that generates a buy signal based on specific conditions, including EMA crossover, the closing price above the EMA, and a bullish Heikin Ashi candlestick pattern. It implements a function called "populate_sell_trend" that generates a sell signal based on specific conditions, including EMA crossover in the opposite direction, the closing price below the EMA, and a bearish Heikin Ashi candlestick pattern. Overall, this strategy aims to identify potential buying and selling opportunities based on the selected technical indicators and candlestick patterns.