Triple Supertrend with EMA and ADX strategy by kunjandetroja
By kunjandetroja
Performance Metrics
- Author: kunjandetroja
- Symbol: NSE:NIFTY1!
- Timeframe: 5 minutes
- Net P&L: +81,197.50 NONE (+8.11%)
- Win Rate: 50.9%
- Profit Factor: 1.472
- Max Drawdown: 48,057.50 NONE (4.72%)
- Total Trades: 112
- Sharpe Ratio: 0.838
Description
Publishing a strategy that includes adx and ema filter as wellEntry: all three Supertrend turns positive. If a filter of ADX and EMA is applied, also check if ADX is above the selected level and close is above EMAExit: when the first supertrend turns negativeopposite for short entriesA FIlter is given to take or avoid re-enter on the same side. For example, After a long exit, if the entry condition is satisfied again for long before the short single is triggered it takes re-entry if selected.