Combining Three Supertrend Signals for Directional Entries

Summary

This indicator overlays three Supertrend calculations with different ATR lengths and factors: 21 and 1, 14 and 2, and 7 and 3. Each calculation displays an uptrend or downtrend line, giving the chart several volatility-adjusted views of direction across different settings.

The script enters long when all three direction outputs indicate an uptrend, and short when all three indicate a downtrend. This agreement rule is a simple trend-following filter that may reduce reliance on any single configuration. The document supplies a Binance BTC/USDT futures backtest setup covering May 3–9, 2022, but reports no performance results. It does not specify exits, stop losses, position sizing, or how simultaneous opposite signals are handled. The short test window and lack of reported metrics do not establish whether the approach is profitable or robust.

Key ideas

• The script calculates three Supertrend series using distinct ATR lengths and factors.
• It opens a long position when all three direction signals indicate an uptrend.
• It opens a short position when all three direction signals indicate a downtrend.
• The published backtest settings cover a brief period on Binance BTC/USDT futures and give no performance results.
• The document does not describe exit rules or risk controls.

Tags

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