Supertrend - Intraday — Strategy by Pritesh-StocksDeveloper
By Pritesh-StocksDeveloper
Performance Metrics
- Author: Pritesh-StocksDeveloper
- Symbol: NSE:BANKNIFTY
- Timeframe: 1 minute
- Net P&L: +280.30 NONE (+0.28%)
- Win Rate: 38.7%
- Profit Factor: 1.035
- Max Drawdown: 730.20 NONE (0.73%)
- Total Trades: 292
- Sharpe Ratio: 0.007
Description
Jun 2, 2021Supertrend Intraday StrategyBasic supertrend strategy purpose built for intraday trading. Users can define intraday session during which the strategy will run.Position is reversed when signal changes by using double quantity. Once the intraday session is over & if the position is open; it is squared off.Parameters: Intraday Session - Defines the duration for which the strategy should execute. Multiplier ATR PeriodJun 8, 2021Release Notes To avoid frequent signals, we have turned off "calc_on_every_tick".Multiplier parameter has more flexibility as it can be incremented or decremented in steps of 0.1Jan 25, 2022Release NotesUpgrade to Pine Script Version 5