Dual-Timeframe Supertrend Entries with RSI and Percentage Exits

Summary

This strategy uses a 120-minute Supertrend, calculated with an ATR period of 14 and factor of 3.42, to set directional entries when price crosses its line. It uses a 15-minute RSI with length 5 as an additional exit signal, closing longs at an upper threshold of 95 and shorts at a lower threshold of 5. The source also sets percentage-based take-profit orders at 30% from average entry price and reverses positions when the opposite Supertrend signal appears. Position allocation is described as 35% of equity.

The document reports a BTC/USDT futures backtest configuration for October 2024, but gives no results or performance metrics. Its own risk discussion points out that the strategy has no stop-loss, that the take-profit and position sizing may be aggressive, and that delayed signals can be problematic in ranging markets. It proposes adding volatility-based stops, adaptive sizing, volume confirmation, or trend-strength filters, but supplies no evidence that these changes improve performance.

Key ideas

• The 120-minute Supertrend determines long and short entries through price crossovers.
• A 15-minute RSI at the stated extreme thresholds can close positions.
• The source specifies 30% percentage take-profit orders and describes 35% equity allocation.
• The described system has no stop-loss, leaving exposure to sudden reversals.
• A BTC/USDT futures backtest period is listed without reported performance results.

Tags

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