SuperTrend STRATEGY by holdon_to_profits
By holdon_to_profits
Performance Metrics
- Author: holdon_to_profits
- Symbol: BINANCE:BTCUSDT.P
- Timeframe: 1 day
- Net P&L: +49,441.70 USDT (+4.94%)
- Win Rate: 71.4%
- Profit Factor: 7.474
- Max Drawdown: 6,117.40 USDT (0.61%)
- Total Trades: 7
Description
SuperTrend Strategy (Long Only)A streamlined, long-only implementation of the classic SuperTrend indicator designed for trend-following entries and exits.How It WorksThis strategy identifies uptrend reversals using the SuperTrend algorithm and enters long positions accordingly. When the trend flips bearish, the position is closed — no short entries are taken. This makes it ideal for spot trading or accounts that do not permit shorting.Core LogicATR is calculated using a Simple Moving Average (SMA) of True Range for more responsive volatility tracking.A long entry is triggered when the SuperTrend flips from bearish to bullish.The position is closed when the SuperTrend flips back to bearish."Buy" and "Close" labels are plotted on the chart for clear visual reference.Default SettingsATR Period: 10ATR Multiplier: 3.0Source: hl2Initial Capital: $10,000Position Size: 100% of equityCommission: 0.015%Backtest WindowA customizable date range filter is included, allowing you to evaluate performance over specific periods.NotesThis strategy is intended for educational and backtesting purposes only. Past performance does not guarantee future results.Works across all asset classes and timeframes. Adjust ATR Period and Multiplier to suit your preferred market and trading style.Release NotesSuperTrend Strategy (Long Only)A streamlined, long-only implementation of the classic SuperTrend indicator designed for trend-following entries and exits.How It WorksThis strategy identifies uptrend reversals using the SuperTrend algorithm and enters long positions accordingly. When the trend flips bearish, the position is closed — no short entries are taken. This makes it ideal for spot trading or accounts that do not permit shorting.Core LogicATR is calculated using a Simple Moving Average (SMA) of True Range for more responsive volatility tracking.A long entry is triggered when the SuperTrend flips from bearish to bullish.The position is closed when the SuperTrend flips back to bearish."Buy" and "Close" labels are plotted on the chart for clear visual reference.Default SettingsATR Period: 10ATR Multiplier: 3.0Source: hl2Initial Capital: $10,000Position Size: 100% of equityCommission: 0.01%Backtest WindowA customizable date range filter is included, allowing you to evaluate performance over specific periods.NotesThis strategy is intended for educational and backtesting purposes only. Past performance does not guarantee future results.Works across all asset classes and timeframes. Adjust ATR Period and Multiplier to suit your preferred market and trading style.