A Long-Only Supertrend Strategy Using ATR Length 4 and Factor 22

Summary

This strategy applies the Supertrend indicator with an ATR length of four and a factor of twenty-two. It enters a long position when the indicator changes from its downtrend state to its uptrend state, and closes the position when the direction flips back. The chart plots the active trend line and marks entry and exit bars. The strategy configuration sizes positions as a percentage of equity, with the source specifying full-equity sizing.

The document contains implementation details but no reported backtest statistics, trade examples, market definition, or timeframe. A brief author note mentions the Nifty and a long historical period, but gives no supporting results or precise evaluation method. The rules are long-only and use trend reversals for both entry and exit; no separate stop, profit target, or position-risk cap beyond the sizing setting is described. Performance and trading costs therefore remain unestablished by the material provided.

Key ideas

• The strategy uses Supertrend direction changes to time long entries and exits.
• Its specified indicator settings are an ATR length of four and a factor of twenty-two.
• The script sets position size to the full configured equity percentage.
• No independent stop-loss, profit target, or short-entry rule is described.
• The document offers no backtest evidence to establish results across markets or timeframes.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.