Multi-Condition Supertrend Strategy (ATR + ALMA + WVMA) by stanislavbenov04
By stanislavbenov04
Performance Metrics
- Author: stanislavbenov04
- Symbol: INDEX:BTCUSD
- Timeframe: 1 day
- Net P&L: +19,119,786.15 USD (+1,911,978.62%)
- Win Rate: 62.5%
- Profit Factor: 2.794
- Max Drawdown: 3,730,883.35 USD (55.12%)
- Total Trades: 24
Description
This strategy enhances the traditional Supertrend by combining ATR-based volatility bands with dual moving average confirmation to improve trade selection and reduce false entries.Core Components:• ATR Period & Factor – Generates dynamic Supertrend bands based on market volatility.• ALMA (Arnaud Legoux Moving Average) – Provides low-lag trend smoothing for directional bias.• WVMA (Weighted Volume Moving Average) – Incorporates volume-weighted confirmation to filter weak or low-conviction moves.Strategy LogicLong positions are taken when:Price aligns with bullish Supertrend directionALMA confirms upward trend structureWVMA supports momentum through volume-weighted biasThis is a long only strategyObjectiveThe strategy aims to:Reduce whipsaws during consolidationImprove trend confirmation in volatile marketsIncrease trade quality through multi-factor validationFully customizable parameters (Parameters changed inside PineScript not input, only ATR and Factors can be changed within settings, the rest inside the PineScript tab.This is a systematic, rule-based approach intended for traders who want structured trend participation rather than discretionary entries.