SuperTrade ST1 Strategy by SupertradeOfficial
By SupertradeOfficial
Performance Metrics
- Author: SupertradeOfficial
- Symbol: OANDA:XAUUSD
- Timeframe: 1 day
- Net P&L: +52.47 USD (+0.52%)
- Win Rate: 35.8%
- Profit Factor: 1.165
- Max Drawdown: 97.51 USD (0.97%)
- Total Trades: 162
- Sharpe Ratio: −5.595
Description
OverviewThe SuperTrade ST1 Strategy is a long-only trend-following strategy that combines a Supertrend indicator with a 200-period EMA filter to isolate high-probability bullish trade setups. It is designed to operate in trending markets, using volatility-based exits with a strict 1:4 Risk-to-Reward (R:R) ratio, meaning that each trade targets a profit 4× the size of its predefined risk.This strategy is ideal for traders looking to align with medium- to long-term trends, while maintaining disciplined risk control and minimal trade frequency.How It WorksThis strategy leverages three key components:Supertrend IndicatorA trend-following indicator based on Average True Range (ATR).Identifies bullish/bearish trend direction by plotting a trailing stop line that moves with price volatility.200-period Exponential Moving Average (EMA) FilterTrades are only taken when the price is above the EMA, ensuring participation only during confirmed uptrends.Helps filter out counter-trend entries during market pullbacks or ranges.ATR-Based Stop Loss and Take ProfitEach trade uses the ATR to calculate volatility-adjusted exit levels.Stop Loss: 1× ATR below entry.Take Profit: 4× ATR above entry (1:4 R:R).This asymmetry ensures that even with a lower win rate, the strategy can remain profitable.Entry ConditionsA long trade is triggered when:Supertrend flips from bearish to bullish (trend reversal).Price closes above the Supertrend line.Price is above the 200 EMA (bullish market bias).Exit LogicOnce a long position is entered:Stop loss is set 1 ATR below entry.Take profit is set 4 ATR above entry.The strategy automatically exits the position on either target.Backtest SettingsThis strategy is configured for realistic backtesting, including:$10,000 account size2% equity risk per trade0.1% commission1 tick slippageThese settings aim to simulate real-world conditions and avoid overly optimistic results.How to UseApply the script to any timeframe, though higher timeframes (1H, 4H, Daily) often yield more reliable signals.Works best in clearly trending markets (especially in crypto, stocks, indices).Can be paired with alerts for live trading or analysis.Important NotesThis version is long-only by design. No short positions are executed.Ideal for swing traders or position traders seeking asymmetric returns.Users can modify the ATR period, Supertrend factor, or EMA filter length based on asset behavior.