TSM RSI + Supertrend + High Volume Strategy (BACKTESTED) 1987 by SARAVANANTamilShareMarket
By SARAVANANTamilShareMarket
Performance Metrics
- Author: SARAVANANTamilShareMarket
- Symbol: NSE:TNPL
- Timeframe: 1 day
- Net P&L: +415,090.28 INR (+592.40%)
- Win Rate: 40.0%
- Profit Factor: 2.503
- Max Drawdown: 630,800.00 INR (103.11%)
- Total Trades: 10
Description
RSI + Supertrend + High Volume Strategy is a rule-based trading strategy designed to capture high-probability trend reversals and continuations using a combination of trend, momentum, and volume confirmation.The strategy uses Supertrend to identify the primary market direction, RSI to confirm momentum strength, and High Volume to validate participation from strong market players. Trades are triggered only when all conditions align, helping to filter out low-quality signals.Each BUY and SELL signal is plotted on the chart along with the exact trade date, and the script is fully compatible with TradingView’s Strategy Tester for backtesting performance across different markets and timeframes.Core LogicBUYSupertrend turns bullishRSI is above the defined trend levelVolume is significantly higher than averageSELLSupertrend turns bearishRSI is below the defined trend levelVolume confirms strong selling pressure🎯 Best UseWorks well for intraday and swing tradingSuitable for stocks, indices, crypto, and forexDesigned for trend-following with confirmation⚠️ DisclaimerThis strategy is for educational purposes only.Always use proper risk management and stop-loss.Past performance does not guarantee future results.