Multi-Timeframe Supertrend Strategy with TP Levels by dash2crash1

By dash2crash1

Performance Metrics

Description

Multi-Timeframe Supertrend Scaling StrategyCore Engine: Trend-following using Supertrend indicator across multiple timeframes.Entry Logic:Enter long on Supertrend bullish flip (red → green)Enter short on Supertrend bearish flip (green → red)Smart Scaling Exits (in order of priority):3-Tier Take Profit Scaling:TP1: Close 33% at +1.5% profitTP2: Close 33% at +3% profitTP3: Close 34% at +5% profit(All percentages adjustable)Trailing Stop: Protects remaining position once activatedSupertrend Flip Exit: Exits any remaining position when trend reversesKey Features:Multi-timeframe analysis: Use higher timeframe signals on lower timeframe chartsConfirmation filters: RSI, EMA, ADX (optional)Profit scaling: Systematic partial exits at predetermined levelsRisk management: Trailing stop activates after price moves in your favorDirection control: Long/short trades can be toggled independentlyIn essence: A scaling trend-following strategy that systematically takes profits while letting winners run, using Supertrend as its primary directional engine across timeframes. The 3-tier TP system allows locking in gains at multiple levels while the trailing stop protects capital and captures extended trends.

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