Combining Supertrend and RSI for Trend Entries and Exits
Summary
This strategy combines the Supertrend direction with the Relative Strength Index (RSI). It enters long when Supertrend is bullish and RSI is above 50, and short when Supertrend is bearish and RSI is below 50. It closes a long when RSI rises above 70 and closes a short when RSI falls below 30. The script also plots the Supertrend and provides alert conditions for both entry signals.
The document presents the rules but gives no results for the original strategy, nor does it specify a tested instrument or timeframe. A commenter describes a separate BTCUSDT four-hour test using ATR-based exits and equity risk sizing, with reported performance figures; those results apply to the commenter’s modified version and are not evidence for the strategy as published. The described rules do not state a position sizing method or a fixed protective stop, so testing should account for sizing, transaction costs, and the behavior of exits in different market regimes.
Key ideas
- Long entries require bullish Supertrend direction and RSI above 50.
- Short entries require bearish Supertrend direction and RSI below 50.
- RSI thresholds of 70 and 30 close long and short positions, respectively.
- A commenter reports results for a modified version, which should not be attributed to the published rules.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.