Dual Volatility-Adjusted SuperTrends with Staged Take Profits

Summary

This strategy uses two SuperTrend calculations with different ATR periods and moving-average channel windows. Each trend indicator adjusts its multiplier according to the width of a channel formed from a simple moving average and standard deviation. A long or short position is allowed when both indicators agree on direction, and users can restrict trading to either side or permit both.

The script includes configurable holding-period exits, trend-based exits, percentage stop-loss settings, and several staged profit-taking levels based on either price percentages or ATR multiples. It also contains performance tables with measures such as return, win rate, drawdown, and risk-adjusted statistics. Those displays report strategy calculations; the supplied document does not provide a complete set of actual results or demonstrate out-of-sample validation. Performance depends on the instrument, timeframe, historical sample, costs, and execution assumptions. The numerous adjustable parameters and exit choices make careful testing important.

Key ideas

• Positions are opened only when two volatility-adjusted SuperTrend signals agree.
• Each SuperTrend multiplier responds to the width of its moving-average and standard-deviation channel.
• The strategy supports configurable holding-period or trend-reversal exits.
• Profit-taking can be staged using percentage moves or ATR-based distances, with separate short-side allocations.
• The script’s performance tables do not by themselves establish profitability or out-of-sample robustness.

Tags

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