Supertrend with 1% Target and 1% Stoploss — Strategy by santhosh2499
By santhosh2499
Performance Metrics
- Author: santhosh2499
- Symbol: NSE:NIFTY
- Timeframe: 30 minutes
- Net P&L: +6,225.90 INR (+0.62%)
- Win Rate: 36.7%
- Profit Factor: 1.368
- Max Drawdown: 1,408.25 INR (0.14%)
- Total Trades: 210
- Sharpe Ratio: −3.119
Description
Supertrend Calculation: The Supertrend indicator is calculated using the Average True Range (ATR) and a factor. The factor and ATR length can be adjusted in the inputs.Long and Short Conditions: The strategy enters a long position when the price crosses above the Supertrend line and a short position when the price crosses below it.Target and Stop Loss: The strategy places a 1% target and a 1% stop loss for both long and short positions.Visuals: The stop loss and take profit levels are plotted on the chart for better visibility.