A Multi-Indicator Swing Strategy Using Supertrend, ADX, and Liquidity Delta

Summary

This Pine Script strategy combines technical indicators to generate swing trading signals. Its settings expose Parabolic SAR, Supertrend, ADX, and a liquidity delta measure, with Supertrend, ADX, and liquidity delta enabled by default. The stated purpose of ADX is to assess trend strength, while liquidity delta is intended to confirm trends through volume imbalances. The code sets position size as a percentage of equity and includes commission and slippage assumptions for strategy evaluation.

The available excerpt gives indicator parameters and a suggested date range, but it ends partway through the risk management settings. It does not include the signal conditions, exit rules, backtest results, or enough implementation detail to assess whether the indicators are combined effectively. The document also gives inconsistent timeframe guidance: its description refers to daily settings, while the listed recommendation names a two-minute chart. Treat the settings as a starting point rather than validated performance evidence.

Key ideas

• The strategy combines trend and volume related indicators to seek swing trading opportunities.
• Supertrend, ADX, and liquidity delta are enabled by default, while Parabolic SAR is optional and off by default.
• The listed parameters include a Supertrend ATR period and multiplier, an ADX trend strength threshold, and liquidity delta smoothing and threshold settings.
• The excerpt ends before showing signal logic, exits, or backtest outcomes, so the strategy cannot be fully evaluated from the available material.

Tags

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