Multi-Timeframe Supertrend Strategy with Confirmations V1 by dash2crash1

By dash2crash1

Performance Metrics

Description

This is a multi-timeframe Supertrend strategy with a dual-exit system. In brief:Core Concept: Follow the trend using Supertrend as the primary engine.Entry:Long when Supertrend flips from red to green (bearish to bullish)Short when Supertrend flips from green to red (bullish to bearish)Filters (optional):RSI, EMA, and ADX confirmations to reduce false signalsExit (whichever comes first):Trailing stop loss (protects profits once price moves favorably)Opposite Supertrend signal (exits when trend reverses)Key Features:Works on any timeframe combination (e.g., use 1-hour Supertrend on 15-minute chart)Long/short direction can be toggled independentlyTrailing stop activates only after price moves a specified percentage in your favorIn essence: Ride the trend until either a protective stop triggers or the trend reverses, using higher-timeframe signals for cleaner entries.

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